Financial Project Management Software with Timesheet, Billing & Cost Tracking
Centralize all aspects of your project management on a single software platform. Track timesheets, expenses and budgets in real time: gain an overview that allows you to be efficient at all levels. Abak is the only management tool you need.
Lose Less. Bill More.
Accurate Time Tracking for Project-Based Teams
Do you really bill customers hourly? It is estimated that approximately 2% of billable hours would not be charged. In the United States, this represents annual losses of 25 billion dollars! For you, what does this represent? What could 2% more revenue mean for your business?
Optimize Project Management and Limit Errors and Omissions
In project management, we sometimes have the impression that it would take an extra pair of eyes. Unfortunately, it is humanly impossible to see everything. Get a project financial management software so you never leave any stone unturned! With real-time alerts and financial tracking, you gain full visibility over your project’s budget and profitability. You will finally be able to focus on the profitability and success of your projects!
We offer you a management solution that will finally allow you to focus on the profitability and success of your projects!
Perfect Control of your Deadlines and Budgets
You will gain in efficiency with Abak. The software optimizes companies’ time tracking project management processes.
Adapted to your needs, Abak acts as a second pair of eyes that monitor the most important aspects of your management, ensuring that nothing slips through the cracks. Set up alerts and stay informed about all critical situations related to your projects.
- Precise and detailed project budgeting
- Real-time profit margin tracking
- for budget and deadline risks
Discover all the Tools to Plan your Project
Use flexible tools to better manage your project and achieve better results. Enjoy a variety of features that adapt to your needs.
Timesheet and Resource Allocation Software
Abak allows your employees to capture their time and track project progress while you keep an eye on your available resources.
- Record your employees’ time by project, client and activity
- Manage overtime efficiently with pay codes
- Get accurate reports on project costs and revenues.
Abak works with accounting systems like Sage 300, Simply Accounting (Sage 50), QuickBooks Advantage and Acomba. Your data is sent to your payroll system.
Better Support with Project Financial Management
Integrate the “Budget control” report with the timesheet software to know in real time where you are in managing your costs:
- Get an overview of the costs related to your project
- Determine the profitability of your projects in just one look
- Set up your budget at project, phase and activity level.
Accurately control your project costs by managing them individually and receive alerts when the project is over budget and when it’s time to invoice a project.
Smart Invoicing Tool
Simplify your invoicing process with flexible software that adapts to your needs.
- Do not forget any transaction
- Eliminate underbilling and overbilling
- Control your billed transactions.
Avoid errors and lighten your billing cycle.
Document Management to be More Organized
Manage documents related to project management more efficiently thanks to a centralized database.
- File documents in Word, Excel, PDF and other formats
- Centralize your documents to facilitate their management
- Find your documents quickly with the search function.
Your Project Reports in a Few Clicks
With Abak’s features, it is easier to extract data related to your projects such as budget, potential income, billable hours and more. Generate reports and graphs to analyze the performance of your projects and make more informed decisions.
Abak Mobile
Thanks to Abak Mobile, allow your employees, consultants, and subcontractors to capture their time, even if they do not have Internet access.
All basic features of timesheet and expense account software in mobile!
Leave Nothing to Chance
Does your business operate in the consulting, accounting, architecture, or IT industries? Get the best management software.
- For precise, detailed and easy to manage budgets
- For a diligent follow-up of your profit margins
- To standardize your input processes
- For simple, fast and flawless invoicing
- To improve your project performance
- To know at all times the availability of your resources
- For document management categorized by project
- For a considerably streamlined administrative process for monitoring projects.
Find out what they said
“Jim Kowalski – Educational & Institutional Cooperative Service, Inc.”
A COLLABORATIVE PLATFORM THAT SUPPORTS THE FULL LIFECYCLE OF SERVICING, BILLING, AND IDENTIFYING OPPORTUNITIES
Abak, above its other competitors in this space, was able to execute on our requirements, with an attentive and qualified team, at an extremely cost effective model.
“Cody Zaitsoff – Orbis Engineering Field Services Inc.”
OUR PROFITABILITY AND ACCOUNTABILITY HAVE INCREASED
Abak understands the issues face by Engineering Consulting firms and the solutions and options they are able to provide make the relationship Orbis has formed with Abak an important one. Since adopting Abak Software, our profitability and accountability have increased, and Abak’s support have become an important part of our success.
“Chris Thurrott – Grant Thornton”
THE SERVICE AND SUPPORT HAS BEEN AMAZING!
A big thank you so far to the Abak team. The service and support with this, our first install, has been amazing! You guys have all been a very big help to me and to our client, Wallace Macdonald & Lively. Because of this I’m very excited about this product and look forward to more installations. It’s nice to know I have someone there for support when I need them. We deal with other third party products for ACCPAC and we don’t receive support like this. Keep up the good work, and be sure to pass this message on to the others for me.
“I AM VERY HAPPY WITH MY ABAK TIME AND BILLING SOLUTION.”
THE CHALLENGE
The billing cycle took 2 weeks (10 business days) to complete my billing cycle.
THE SOLUTION
Abak’s invoice formats and link to Sage Accpac ERP
THE RESULT
66% reduction in billing cycle. My invoices look far more professional and the link with ACCPAC is working great.
THE CONTRIBUTION OF ABAK SOFTWARE
Our automated billing features and off-the-shelf reports increased Mara’s productivity 3-fold. Since I also have more reports directly from Abak, I don’t have to do anymore excel reports for clients or internal purposes at month end. I found Abak intuitive to learn.
Mara Matson, VP Finance, using Abak software since 2002
“A COLLABORATIVE PLATFORM THAT SUPPORTS THE FULL LIFECYCLE OF SERVICING, BILLING, AND IDENTIFYING OPPORTUNITIES”
THE CHALLENGE
In June of 2011, E&I leadership team felt it was time to expand its core focus to its membership from best in class procurement contracts to several other value-added services, specifically procurement consulting services directly to the membership. While E&I’s technology infrastructure could support the electronic gathering and reporting of ROI metrics, it felt a dedicated software solution focused on the operational and strategic management of the new business pipeline was the most advantageous decision.
THE SOLUTION
To support this decision, the solution also needed to be easy to use, from both a timesheet entry and administration perspective, but also needed to support corporate and field-based consumers transparently. Many solutions were evaluated, with a focus on SaaS and SMB expertise.
THE RESULT
Abak, above its other competitors in this space, was able to execute on our requirements, with an attentive and qualified team, at an extremely cost effective model.
THE CONTRIBUTION OF ABAK SOFTWARE
Due to Abak’s effective use of fast / detailed time and billing components, combined with a unique and flexible invoicing / reporting solution set, corporate and field-based units can maximize on a collaborative platform that supports the full lifecycle of servicing, billing, and identifying opportunities in this growing area for E&I.
Jim Kowalski, Director TI, using Abak software since 2011
“ABAK is a very good product. Easy to use! Quick to implement! And the technical support is excellent, with a return on investment in less than one month!”
THE CHALLENGE
Their old system was no longer supported
THE SOLUTION
Abak time and billing system integrated with their accounting system
THE RESULT
Their billing cycle was reduced by 80% Abak automates and speeds up invoicing, and sends data directly to their accounting system.
THE CONTRIBUTION OF ABAK SOFTWARE
This is a great product if you are in any professional consulting type business. We are recommending it to all our channel partners and clients alike. “Abak is a great product. Easy to use! Fast to implement! And great Support with a ROI of less than a month! We implemented in less than a week – three days to be exact and trained end-users for an hour! What do we have now? A time and billing system that is fully integrated into our accounting software that has reduced our billing and accounting cycle to 20 percent of what it was before! We recommend it for any professional firm that is looking for a robust, stable and fully integrated time and billing solution. So on a scale of 1 to 10 we give it 15! Bottom line this product is filled with features. The developer is very responsive to our needs. Support is great. And to top it all it is extremely easy to use and with Abak thin client our consultants can enter time from the client site and get paid for time entry! Bottom line: this is a great product if you are in any professional consulting type business. we are recommending it to all our channel partners and clients alike.
Arian Soheili, Director