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Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the KPI Simulation Dashboard template shown below enables them and users from the Accounting and Finance teams to experience near real time simulation that help drive faster and better decisions.

Who uses KPI Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive fiscal monitoring.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with three years of history
  • Charts to compare history and budget with the simulated estimate

The KPI Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

The KPI Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the KPI Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as financial KPIs with tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated KPI estimates. KPI Simulation Dashboards are often used in conjunction with profit & loss and balance budget models, financial dashboards, and financial statements.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Balance Sheet Simulation Dashboard template shown below enables them and users from the Accounting and Finance teams to experience near real time simulation that help drive faster and better decisions.

Who uses Balance Sheet Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive risk control and resource maximization.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with three years of history
  • Focus on Assets and Liabilities

The Balance Sheet Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Balance Sheet Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Balance Sheet Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as balance sheet KPIs with tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated asset and liability estimate. Balance Sheet Simulation Dashboards are often used in conjunction with balance sheet- and cash flow input models, cash flow dashboards, and balance sheet reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become key advisors in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Profit Simulation Dashboard template shown below enables them and users from the Executive and Finance teams to experience near real time forecasting that help drive faster and better decisions.

Who uses Profit Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and senior leaders with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive expense control and profit maximization.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with annual budget and three years of history
  • Focus on Gross Profit, EBITDA and Net Profit

The Profit Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Profit Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Profit Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as profitability KPIs with related variance tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated profitability estimate. Profit Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, revenue dashboards, expense dashboards and profit & loss reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Expense Simulation Dashboard template shown below enables them and users from accounting and other departments to experience near real time forecasting that help drive faster and better decisions.

Who uses Expense Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like department managers and executives with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive fiscal control and planning.

  • Sliders to increase or decrease the weighting of historical expense data in the current year estimate
  • Interactive expense tables by GL category and account
  • Charts to compare history and budget with the simulated estimate

The Expense Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Expense Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Expense Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as comparative tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated forecast. Expense Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, expense dashboards, profit & loss reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Revenue Simulation Dashboard template shown below enables them and users from the Finance team to experience near real time forecasting that help drive faster and better decisions.

Who uses Revenue Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive revenue growth strategies.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Interactive revenue tables by GL category and account
  • Charts to compare history and budget with the simulated estimate

The Revenue Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Revenue Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Revenue Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders as well as comparative tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated forecast. Revenue Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, revenue dashboards, profit & loss reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Client Project Estimate Template for Professional Services Companies

What is  Client Project Estimate Template for Professional Services Companies?

Client Estimate Models are considered project and resource planning tools and are used by project leaders and consultants to enter all key metrics related to a client project. Some of the main functionality in this type of input form is that it gives project managers a online, database-driven template to enter data to estimate and quote metrics like: 1) Comments/line item descriptions, 2) Lower and upper hour and cost estimates, and 3) Start date and end date. All of these inputs can be done at any level of detail with automated sub-totals and totals. The screen shot example below shows a few of these and many more are below and to the right of what is visible in the screenshot.. You find an example of this type of input form below.

Purpose of Client Estimate Input Forms

Professional Services organizations use Client Estimate Input Forms to capture all important metrics that go into a project estimate. These can then be reused in actual vs estimate status reports and in higher level summary reports and dashboards that go across any number of consultants and projects. When used as part of good business practices in PMO and Consulting departments, a company can improve its internal forecasting and resource planning as well as provide detailed backup for statement of works (SOWs) and client communication, and it can reduce the chances of cost or time overruns or inaccurate forecasts.

Example of a Client Estimate Input Form

Here is an example of a Client Project Estimate Form with comments, high/low hours and cost estimates.  Note, many details are not visible in the screenshots.

Example of a Client Project Estimate Template for Professional Services Companies

Example of a Client Project Estimate Template for Professional Services Companies

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: Service Leaders, Project Managers, Consultants.

Other Reports Often Used in Conjunction with Client Estimate Input Forms

Progressive PMO and Consulting departments sometimes use several different Client Estimate Input Forms, along with KPI dashboards, consultant billing reports, project dashboards, project detailed and summary reports, project forecast models, annual budget models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of a Sales Forecast Model for Real Estate Companies

What is a Real Estate Sales Forecast Model?

Sales Forecast Models are considered planning tools and are used by budgeting managers to collect sales drivers that generate forecasts. Some of the main functionality in this type of input form is that it uses drivers to automatically calculate the forecast (or budget) in the months seen across the columns. These driver inputs include: Available units, Property average area, Average price per square meter (or square foot), Monthly average speed (unit sales), and Beginning month (of sales). In the example below the form uses a configuration that lists real estate projects down the rows. You find an example of this type of input form below.

Purpose of Real Estate Sales Forecast Models

Real Estate companies use Sales Forecast Models to enable users to quickly and securely enter and update sales figures so the company has the best possible unit inventory and revenue estimate. When used as part of good business practices in Sales and Financial Planning and Analysis (FP&A) departments, a company can improve its strategies related to financing and real estate projects, and it can reduce the chances that managers makes uninformed decisions that ultimately can effect revenues and profitability.

Example of a Real Estate Sales Forecast Model

Here is an example of a Sales Forecast Input Form by project.

Example of a Sales Forecast Model for Real Estate Companies

Example of a Sales Forecast Model for Real Estate Companies

You can find hundreds of additional examples here

Who Uses This Type of Input form?

The typical users of this type of input form are: CFOs, project planners, regional sales managers, budget managers and agents.

Other Reports Often Used in Conjunction with Real Estate Sales Forecast Models

Progressive Sales and Financial Planning and Analysis (FP&A) departments sometimes use several different Real Estate Sales Forecast Models, along with sales reports, sales dashboards, real estate inventory reports, financial statements, annual budget models, corporate forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of an Actual and Estimated Consulting Hours Report for a Technology Company

What is an Actual and Estimated Consulting Hours Report?

Professional Services reports showing actual and estimated hours are considered operational analysis and planning tools and are used by consulting managers to track consultant hours delivered per project. Some of the main functionality in this type of report is that it is parameter driven and can be run for any month, entity and project(s). It compares the actual hours each consultant delivered by project versus the estimated hours and displays the variance amount and percent with exception highlighting. The rows can be expanded and collapsed and they group projects by consultant and region/entity. The chart compares the grand total hours delivered for the chosen time period versus the estimated hours. You find an example of this type of report below.

Purpose of Actual and Estimated Hours Reports

Technology companies use Actual and Estimated Hours Reports to easily monitor each of the organization’s locations and their ability to achieve or exceed the professional service hours they targeted. When used as part of good business practices in Project Management departments, a company can improve its estimate accuracy and therefore increase its ability to drive revenues with optimal human resource planning, and it can reduce the chances that managers react slowly, or not at all-, to trends and outliers.

Example of an Actual and Estimated Hours Report

Here is an example of an actual and estimated hours per consultant report with roll-up by project and region.

Example of an Actual and Estimated Consulting Hours Report for a Technology Company

Example of an Actual and Estimated Consulting Hours Report for a Technology Company

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Project Managers, Project Management Offices (PMO), Directors of Services, Consulting Managers.

Other Reports Often Used in Conjunction with Actual and Estimated Hours Reports

Progressive Executive and Project Management departments sometimes use several different Actual and Estimated Hours Reports, along with detailed project reports, utilization reports, project dashboards, billing reports, project budgets and forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Profit & Loss Report Example with Automated Full Year Estimate

What is a Profit & Loss Report with Automated Full Year Estimate?

Profit & Loss (P&L) estimate reports are considered important decision-making tools and are often used by CFOs and analysts to, on a monthly basis, get an automatic forecast for the full year. Some of the key functionality in this type of monthly estimate report is that it provides all-in-one analysis with graphics, narrative and a trended P&L report. The top of the report shows trend charts for Revenue, Gross Profit and Operating Income. Each chart contains data series for actual and budget for the current year and actual last year. The main section of the report displays actual for each month up to the current period and then dynamically pulls in budgets for the rest of the year to give a full year estimate. You find an example of this type of monthly estimate report below.

Purpose of Profit & Loss Estimate Reports

Companies and organizations use Profit & Loss Estimate Reports to get a continuous outlook for the full year. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its decision-making as well as reduce the chances that managers only look in the rear view mirror or analyze variances based in old, stale budgets.

Profit & Loss Estimate Report Example

Here is an example of a Profit & Loss Report with charts and automated full year estimate.

Profit & Loss Report Example with Automated Full Year Estimate

Profit & Loss Report Example with Automated Full Year Estimate

You can find hundreds of additional examples here

Who Uses This Type of Monthly estimate report?

The typical users of this type of monthly estimate report are: CFOs, Analysts and Executives.

Other Monthly estimate reports Often Used in Conjunction with Profit & Loss Estimate Reports

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Profit & Loss Estimate Reports, along with monthly variance reports, KPI dashboards, trended balance sheets and cash flow statements and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Example of an Actual and Estimated Project Hours Report for a Technology Company

What is an Actual and Estimated Project Hours Report?

Project reports showing actual and estimated hours are considered operational analysis tools and are often used by project managers to track consultant and project performance. Some of the key functionality in this type of report is that it is parameter driven and can be run for any month, entity and project(s). It compares the actual hours delivered versus the estimated hours and displays the variance amount and percent with exception highlighting. The rows can be expanded and collapsed and they group projects by consultant and region/entity. The chart on the top gives a clear picture of the grand total performance. You find an example of this type of report below.

Purpose of Hourly-focused Project Reports

Technology companies and their consulting services teams use Hourly-focused Project Reports to keep a keen eye on the the time they planned for their projects versus what they actually ended up providing to their clients. When used as part of good business practices in a Project Management department, a company can improve its estimate accuracy and therefore client satisfaction and profitability as well as reduce the chances that large number of non-billable hours occurs without proper analysis.

Hourly-focused Project Report Example

Here is an example of a Project Report with actual versus estimated hours and variances.

Example of an Actual and Estimated Project Hours Report for a Technology Company

Example of an Actual and Estimated Project Hours Report for a Technology Company

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Project Managers, Project Management Offices (PMO), Directors of Services, Consulting Managers.

Other Reports Often Used in Conjunction with Hourly-focused Project Reports

Progressive Project Management Departments sometimes use several different Hourly-focused Project Reports, along with detailed project reports, project dashboards, billing reports, project budgets and forecasts and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples