Financial Management Solutions

Know Your Numbers in Real-Time

Financial management is the Achilles' heel of most project-based organizations. VeroPM bridges the gap: real-time project execution meets comprehensive financial management.

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The Challenge

Why Project Financial Management Fails

You're executing $50M in projects but can't answer "Are we profitable?" until 60 days after closeout.

Financial Visibility Lag

Costs tracked in disparate systems mean project profitability is known 30-60 days late—too late for corrective action.

Disconnected Systems

Projects in Monday.com, finances in QuickBooks, resources in Excel. No single source of truth for project financials.

Limited Analytics

Basic budget vs. actual reports lack profitability analysis, cost breakdown, or Estimate at Completion (EAC).

No Real-Time Costs

Timesheets and expenses enter the system weeks after work happens. Actual costs are always 2-6 weeks behind reality.

Weak Budget Controls

Budget overruns discovered after the fact. No alerts when thresholds are exceeded or change orders occur.

The Solution

Integrated Project Financials

VeroPM treats financial management as a core capability, deeply integrated with execution. Costs are calculated as work happens.

  • Real-Time Visibility: Time tracked = Cost calculated instantly.
  • Multi-Level: From Task to Project to Portfolio to Organization.
  • Full Integration: Labor, Materials, Services, and Expenses in one view.
Organization
├── Financial Structure
│   ├── Multi-Currency Support
│   └── Chart of Accounts Integration
│       └── Portfolio Budgets
│           ├── Capital & Operating Budgets
│           └── Project Budgets
│               ├── Labor & Materials
│               └── Task-Level Costs
│                   ├── Time Tracking
│                   └── Expenses
ORGANIZATION $10,000,000 IT PORTFOLIO $4.5M (45%) R&D PORTFOLIO $5.5M (55%) Infra Upgrade $2.1M Cloud Mig. $1.2M New Product $3.0M Research $2.5M CapEx OpEx
Strategic Planning

Comprehensive Budget Management

Budgets at organization, portfolio, project, and task levels. Capital vs. operating expenses. Multi-year planning.

  • Multi-Level: Org, Portfolio, Project, Task budgets.
  • Categorization: CapEx, OpEx, Labor, Materials, Travel.
  • Change Control: Lock baselines and track approved changes.
  • Multi-Currency: Automatic conversion and hedging support.
Instant Insights

Real-Time Cost Tracking

Costs happen daily. Don't wait for monthly reports. Committed and Actual costs visible instantly.

  • Labor Costs: Hours × Fully-Loaded Rate = Instant Cost.
  • Committed Costs: Track POs and contracts before invoicing.
  • 3-Way Match: PO vs. Receipt vs. Invoice validation.
  • Burn Rate: Monitor daily spend against forecasts.
BUDGET CAP LIVE W1 W2 W3 W4 W5 Daily Burn Rate $4,250 â–¼ 12% vs Forecast Labor (Hours) Committed (POs)
PV (Planned) EV (Earned) AC (Actual) TODAY CPI (Cost) 1.23 Efficient SPI (Schedule) 0.85 Late
Performance Metrics

Earned Value Management (EVM)

Go beyond budget vs. actual. Understand if you're getting value for your spend with SPI and CPI.

  • Core Metrics: PV, EV, AC, Schedule & Cost Variance.
  • Indices: CPI (Cost Performance) & SPI (Schedule Performance).
  • Forecasting: Estimate at Completion (EAC) based on trends.
  • To-Complete: TCPI required to finish on budget.
Maximize Margins

Profitability Analytics

Identify profitable projects, clients, and services. Know your margins in real-time.

  • Dimensions: Profitability by Project, Client, Service, Team.
  • Revenue Rec: Fixed-Price, T&M, and Milestone revenue.
  • Margins: Gross Margin and Net Profit analysis.
  • Alerts: Notification when margin drops below threshold.
0% 10% 20% 30% 40% Net Profit Margin 32.4%
Tailored Solutions

Financial Management by Industry

IT Services & Consulting

Focus on billable utilization, real-time margins, and fixed-price vs. T&M profitability. Manage hourly rates and multi-currency billing.

Construction

Master AIA billing, retention tracking, and change order management. Track committed costs and manage cash flow with long payment cycles.

Manufacturing

Handle long-duration R&D projects, CapEx vs. OpEx budgeting, and multi-year planning. Track cost savings from continuous improvement.

Why VeroPM?

Competitive Comparison

Capability VeroPM Monday.com QuickBooks/NetSuite
Multi-Level Budgeting Enterprise-grade Limited GL-focused
Real-Time Integration Automated Manual Month-end only
Earned Value (EVM) Full EVM None None
Profitability Real-time Basic Retrospective
Proven Results

Real-World Success

IT Services Firm

420 Employees

32%
Margin
$6.8M
Value
94x
ROI

"We identified 12 loss-making projects early and saved millions. Our financial reporting went from 40 hours to 6 hours a month."

Construction Firm

$85M Revenue

1.06
CPI
$980K
Cash Flow
140x
ROI

"EVM helped us catch cost overruns at 20% completion instead of 80%. Change order profitability jumped from 2% to 14%."

FAQ

Common Questions

How does VeroPM integrate with accounting systems?

Bi-directional sync with QuickBooks, NetSuite, SAP, etc. Budgets/actuals to GL, invoices/expenses to VeroPM.

Can we track CapEx and OpEx?

Yes, full support for categorization, reporting, and tax compliance tracking for R&D credits.

What about multi-year projects?

VeroPM supports annual budget breakdowns for multi-year initiatives with cross-year reporting.

Next Steps

Stop Flying Blind

Know your financial performance in real-time. Start your journey to profitability today.

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