Finance Management

Finally, a Simple Way to Manage Project Finances

Easily track revenue, profitability, and forecasts—all in one place, to make decisions that drive business growth.

Free for 14 days | No credit card required

Forecasting Reports

Revenue Reports

Profitability Analysis

Expense Management

Scalable Solutions

WHAT IS POSSIBLE WITH MAGNETIC

Drive Profitability Across Every Project

Track Revenue and Profitability

Get an instant overview of financial performance across projects.

Stop Over Servicing in its Tracks

dentify and prevent unnecessary costs to protect your margins.

Make Confident
Decisions

Leverage forecasting and reporting tools to plan for growth and adapt to financial challenges

Simplify Invoicing and Expenses

Save time with automated, hassle-free processes.

Advanced reporting

Get a Clear View of Your Finances

Track key metrics like profitability, resource usage, and forecasts. Use real-time data to monitor performance and make smarter decisions.

Profit Margins at a glance

See which projects are driving profits and which are falling short. Get immediate insights into the health of your profit margins across all active and completed projects.

Over-servicing insights

Spot where over-servicing is cutting into profits by comparing billed hours to actual hours worked.

Profitability Trends

Project ROI

Budgets vs Actuals Insights

Cost Tracking

Use actionable insights from Profitability Reports to ensure every project contributes to your business’s growth and success.

Track Over-Serviced projects

Instantly identify projects where hours exceed estimates. Pinpoint where you’re over-delivering and take action to realign efforts with budgets.

Monitor Profitability Risks

Spot projects at risk of profitability loss due to over-servicing. Address issues early to protect your bottom line.

See billed vs actual hours

Monitor Scope Creep

Access Historical trends

Get Client Specific Insights

Quickly access real-time data on availability and capacity to make informed decisions for your projects.

Resource Capacity Overview

See how your team’s time is distributed across projects. Identify overbooked or underutilised resources to ensure optimal workload balance and productivity.

Availability Forecasting

Understand your team’s future availability and plan project timelines accordingly. Avoid overloading team members while ensuring deadlines are met.

Workload Distribution views

Capacity vs Demand Analysis

Utilisation Rates

Quickly access real-time data on availability and capacity to make informed decisions for your projects.

Accurate Revenue Projections

Forecast your revenue with with insights into project pipelines, resource availability, and estimated billings. Stay ahead of potential shortfalls and plan for growth effectively.

Pipeline Health

Gain a clear picture of how many opportunities are active, stalled, or progressing toward closure. Identify where deals may need additional attention.

Revenue Potential Insights

Understand Opportunity Aging

Revenue Forecasting by Opportunity

Get the insights you need to optimise your sales pipeline and close more opportunities faster with Magnetic’s reporting tools.

See Just How Easy Finance Management Can be

Start a free 14-day trial and discover the power of managing project finances in one place.

Try for free

Free for 14 days | No credit card required

Smart Tools for Efficient Financial Management

Rate Cards and Estimates

Access tools that generate precise cost estimates and streamlined client rate card customisation.

Invoicing and Expense Management

Spend less time on invoicing and expense management with an intuitive and easy-to-use dashboard.

Real-Time Visibility and Updates

Stay on top of your projects with real-time updates. See who's working on what, catch bottlenecks early, and make adjustments in real-time

Cashflow Insights

Monitor inflows and outflows to maintain a healthy cash flow. Get clear indicators of when to cut costs or allocate funds to growth initiatives.

All-in-One Financial Hub

Bring together your invoicing, expense tracking, and profitability analysis in one place, eliminating the need for juggling multiple tools.

Cost Management

Gain control over every dollar spent with tools that track expenses against budgets in real-time.

INTEGRATIONS

Seamlessly Integrate With Your Accounting Tech Stack

Connect all your favourite accounting tools in one place for a smoother, more cohesive financial management experience. Say goodbye to data silos and hello to tools that effortlessly speak to eachother.

Accounting

Xero

Enhance time tracking technology to intelligently populate timesheets, eliminate guesswork and reduce your teams workload

Accounting

Pastel

Align tasks and timelines for clearer, hassle-free operations, streamlining project management for smoother execution

Accounting

Sage

Seamlessly link Magnetic with Sage. This integration ensures improved coordination across your team, helping you manage time effectively and never miss a deadline

Achieve Financial Precision Today

Streamline your financial processes with Magnetic's precision finance management system, designed for professional service firms.

Book a demo

Trusted by big brands

What some of Our Clients Say

"Magnetic enables me to accomplish more in a day and to be able to track my time effectively."

Sisathi

Online Media,
11-50 employees, via Capterra

Since implementing Magnetic, our workflow has improved significantly. Our ability to track our work from opportunity to finalisation has been a game-changer for us. Our data maturity on our projects are now a million time smarter, allowing us to make data driven decisions to improve our business.

Ryno Z

Head of Learning and Development (50 or fewer emp),
‍via G2

Magnetic is easy to use and integrates with Pastel, which very few systems do. It is quick to do CE's and the user level tiering makes control of information easy.

Sally

Marketing and Advertising,
1-10 employees, via Capterra

I have been using magnetic for my business for over 5 years and I am thoroughly impressed with the innovation and advancemnets in the software. It's extremeley UX focused and makes running my agency a much simpler task knowing my accounts and billing is in order.

Craig M

Digital Specialist
Small-Business, 50 or fewer emp, via G2

"We are able to manage the workflow with ease, it is definitely a great time saver. Team leaders are able to view progress reports and hours on a daily basis."

Rene

Information Technology and Services,
2-10 employees, via Capterra

I like the fact that you can track absolutely each and every job with ease and also who was responsible for each task. There isn't much I don't like about this program