Description
For professional services firms seeking a flexible, comprehensive system to manage all of their time and billing, Abak is a nimble, configurable business management system to consider. Abak was designed for professional services, and can easily support multiple currencies, multiple invoice formats, and a variety of rates.
Consulting and services companies in today's market need to be flexible when it comes to billing, so Abak was designed to support the needs of businesses that bill for their time, whether it be billable or non-billable, contractor time, or even equipment time. This time can then be billed by percentage completed on a particular project, by fixed-price, straight time and materials, or a combination thereof.
Employees log their time against a specific project and client, and then business managers can quickly pull data related to costing, profit data, and more. Billing is simplified because it's based on the actual timesheets, expenses, and contractor invoices that were submitted, so you don't have to worry about forgetting to invoice something. Abak shows project and account managers right away which projects are profitable and which are not; it even lets users know when the budget is running low to prevent overages.
Abak automatically integrates this time and expense data to your accounting and payroll systems, so critical information flows seamlessly throughout the business, leaving no gaps for error. It also offers optional integrations to Microsoft Excel, Project, and Outlook. It's a great fit for growing companies in a variety of verticals: financial services, engineering, architecture, design, and more.
We recommend Abak to small and growing firms seeking a time and billing solution with extremely robust, flexible invoicing capabilities.