Business Insights

WrkPlan’s financial statements and extensive reporting capabilities empower management to make more informed decisions and to stay connected to the performance of your projects at any time.

WrkPlan’s extensive reporting capabilities help Management run operations and contracts more efficiently by allowing them to drill down to the level of detail necessary to make informed decisions. The software provides easy access to a variety of reports, in real time, that directly address financials, contract status, hours & costs, and indirect rates.

Extensive Project Cost Accounting Reports

Easily monitor project status and progress with cost reports and the ability to drill down to further financial detail.

Reports include:

  • Funding Status
  • Expenses
  • Labor Hours
  • Billing
  • Budget vs. Actual
  • Percent Complete
  • Earned Value Management (optional)

Extensive Reporting

All traditional financial statements including Income Statement, Balance Sheet and Cash Flow are included. Each statement includes two levels of drill-down capability, so that users can immediately investigate the numbers behind the financial statements.

 

  • Profitability and Performance

    A single report presents the bottom line for any selected contract or combination of contracts. It shows revenues, direct expenses, and an allocation of indirect expenses to that contract, so the user can immediately gage the profitability of any contract or the entire organization at any given time. This report can also guide management attention towards any contracts that require further attention to improve profitability.

  • Management Reports

    A single report presents the bottom line for any selected contract or combination of contracts. It shows revenues, direct expenses, and an allocation of indirect expenses to that contract, so the user can immediately gage the profitability of any contract or the entire organization at any given time. This report can also guide management attention towards any contracts that require further attention to improve profitability.

  • Income Statement Review

    Provides month by month comparison with drilldown. Prior year reporting allows you to compare years or periods.

  • Job Status Report

    As billed with provisional rates vs. actual rates. Provides a summary of hours and dollars billed year-to-date and contract-to-date.

  • Customizable Dashboard

    The Manager’s Dashboard allows each user to select reports most applicable to their role and keep them together in one place on their desktop. The dashboard provides a real-time snapshot of the information they consider to be the most relevant, allowing a quick assessment in single visual scan. Many of the dashboard’s reports include zoom or drill-down capability to provide further insight into a particular item of interest.

  • Flexibility and Power

    All reports are exportable (excel, csv, pdf, etc.) and many offer multi-period views and drill –down capability so you can trace any number down to the transaction level detail.

  • Contract Management

    Contract Management, Task Funding Status and CLIN Management are supported by a battery of Contract reports, as well as in the government contract invoice packages.

  • Aging Transactions

    Accounts receivable/ payable reports clearly show amounts owed by customers or amounts owed to subcontractors/ vendors and when they are owed.