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Product updates

Streamline Your Business Management Process with Magnetic 2.2

Welcome to the latest update from Magnetic! Dive into the latest feature enhancements and product updates
Jenna Green
6 mins
Table of contents

Welcome to the latest update from Magnetic!

We are thrilled to announce the release of Magnetic 2.2, tailored to revolutionize your business management with cutting-edge features. After extensive user feedback, we’ve designed enhancements that streamline workflows, improve team coordination, and optimize budget management, transforming your daily business operations. Discover how these updates can make a significant difference in your productivity and bottom line. 🚀

Revolutionise Timekeeping with Our Enhanced Timesheet Tool

Managing time effectively is crucial for maintaining profitability and accountability. Our upgraded timesheet tool in Magnetic 2.2 is designed to transform how you record and manage time. The new interface features a refined date/week picker that simplifies the logging process and integrates leave and expense tracking, ensuring accurate recording of billable and non-billable hours. Plus, visual indicators and alerts for discrepancies enhance compliance without constant oversight.

Streamline Scheduling with Automated Public Holiday Tracking

Recognising public holidays across different regions can be a logistical challenge, particularly for global teams. Magnetic 2.2 automates this process, recognising public holidays based on the user’s location and marking them in timesheets automatically. This feature ensures compliance with local labor laws and simplifies resource planning.

This feature ensures that holidays are automatically marked as non-working days in the timesheet, eliminating the need for manual entries.

💡This feature ensures that holidays are automatically marked as non-working days in the timesheet, eliminating the need for manual entries.

Simplify Task Updates with Quick Comment Feature

Effective communication within projects is crucial for timely updates and adjustments and with Magnetic 2.2 updating a task is now quicker than ever. The "Add Comment/Update Task" feaure allows you to quickly make changes without navigating complex menus. This streamlines communication within teams, particularly in dynamic project environments.

Now users can maintain momentum in project management with swift, easy-to-execute task comments, fostering better project communication and workflow continuity.

💡 Quick Comment Dropdown

Instead of navigating the comprehensive 'Edit Task' modal, users can now use a quick comment dropdown directly from the task interface.

Empower Teams with Refined Project Assignment Capabilities

As projects grow in complexity, having a clear structure for team roles and skills becomes essential to manage workflows efficiently. With Magnetic 2.2 you can now group users into teams and assign projects based on specific skills with our new 'Teams' and 'Skills' features. This targeted approach reduces bottlenecks and maximises efficiency, ensuring the right people tackle the right tasks.

💡 New "Team" Feature

Using the new "Team" feature, easily group users into teams, which can be easily managed and assigned to projects.

💡 Skills Feature

The "Skills" feature lets you tag specific competencies to individuals, preparing the ground for a more sophisticated task assignment system based on actual skills rather than just availability.

Introducing 'My Hub': Your New Command Center

When managing a wide variety of projects, efficiency is key. Having to switch between multiple screens to access related information can lead to inefficiency and user frustration.

'My Hub' integrates notifications, tasks, opportunities, and more into a single dashboard, streamlining how you manage projects and stay on top of your duties with less stress.

💡 My Hub

'My Hub' replaces the 'My Actions' screen, serving as a one-stop shop for all personal and project-related information.

Read more about My Hub →

Enhanced Task Tracking: Ensuring Project and Budget Alignment

Effective task management is a cornerstone of successful project delivery, which is why we've revamped the tasks section of our Dashboard. Our enhanced Tasks section now includes a panel for monitoring task progress against budget, providing immediate visibility and control to prevent overruns and ensure project success. By integrating task performance and budget tracking into a single, accessible location, teams can proactively manage project health and adjust as needed.

💡 Task Progress Monitoring

The Tasks section includes a new bottom panel dedicated to monitoring task progress and its variance in comparison to the overall cost estimate. This feature provides project managers and team members with immediate visibility into how well tasks are aligning with planned budgets and timelines.

Advanced Budget Control for Precise Financial Management

Managing a project's budget effectively is crucial for maintaining profitability and avoiding cost overruns. Gain a comprehensive view of project finances with our new budget control features. Quick adjustments to project scopes ensure profitability and compliance with financial goals.

Streamlined User Experience with Redesigned Modals and Interactions

A user-friendly interface can significantly enhance productivity and user satisfaction by making common tasks simpler and less time-consuming. Enjoy a more intuitive user experience with our redesigned modals and interactions, making common tasks faster and less frustrating. Experience the new design.

Magnetic 2.2 is not just an update; it's a transformation geared towards making your business operations as smooth and efficient as possible. We believe these changes will significantly improve how you manage projects, track time, and utilize resources, ultimately leading to better managed, more successful projects and a more enjoyable user experience. Dive into Magnetic 2.2 and see how these enhancements can transform your business management today.

What's Coming Next in Magnetic?

Stay tuned for our next release, featuring a revamped team scheduler and enhancements to our tasks and comments functionalities, designed to keep your business operations flexible and integrated.

Interested in what's happening in the Magnetic engineering room?
Read about what's in the development pipeline

Like what you see? Book a demo or start a free trial today and see how these enhancements can elevate your business management experience to new heights!

Jenna Green
Jenna Green, Marketing Manager at Silversoft, specialises in strategic campaigns and content that drive growth for professional service firms.
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