Oct 18, 2006
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Benefit of QuickBooks Integration with Project Management Software
Companies can bill faster and more efficiently by using project management software that integrates or interoperates with Quickbooks accounting software. They can also bill more and increase revenue by using project management software to set-up of their projects and track time against specific tasks within those projects.
The interoperability or integration with Quickbooks means that book-keeping or accounting people don’t have to spend time entering in timesheet data from one system to the next. The timesheet information can be exported to Quickbooks accounting software, allowing for an invoice to be generated in a few simple steps.
Setting up specific tasks and projects in a project management software that integrates with accounting software means that its much easier for an account manager or accountant to see every single step that was taken to get a project done. Steps and time that were previously overlooked can be seen and billed.
Companies have experienced 90% gains in efficiency in billing by using project management software that works with Quickbooks, cutting down the amount of time it takes to bill a customer from 16 hours a month to less than two.
Companies have also experienced near 100% increases in revenue and billing by using project management software that integrates or interoperates with accounting software, catching time that was previously overlooked on projects.
