Improvement: Accurate Invoicing

Drive accurate invoicing based on underlying commercial model

Kimble Functions

Using Kimble, you will be able to:

  • Drive invoicing in real-time based on type of engagement (time-based or milestone-based, etc.)
  • Manage services and expenses billing consistently
  • Provide predictive timesheets and controlled access to time codes
  • Manage invoicing documentation

Kimble Product Features

  • Invoicing pre-populated based on underlying commercial model (T&M, Fixed Fee, Annuities, etc.)
  • Robust time and expense capture and management including predictive timesheets and restricting access to relevant time codes
  • Configurable approval policies to ensure compliance in invoicing
  • Manage customer-specific invoice formats and invoice templates
  • Invoices automatically include accurate taxes based on configurable tax codes

Improvement: Increased Cash Flow Predictability

Accurate invoicing makes the receipt of payments more predictable

Kimble Functions

Using Kimble, you will be able to:

  • Get invoices right the first time, reducing errors that lead to costly delays in payment
  • Achieve visibility across delivery and billing, and a workflow to drive timely invoicing. Delivery and finance have a common view of what needs to be invoiced.
  • Reduce days outstanding by ensuring there is always PO cover available and that invoices are always issued against the correct PO

Kimble Product Features

  • Delivery and Invoicing in the same solution
  • Engagement Dashboard provides real-time visibility on items impacting invoicing and drives the process
  • Establishes and validates PO cover on engagements to enable uncontested invoices
  • Intelligent alerts prompt engagement managers to ensure sufficient PO cover is in place
  • Alerts appear whenever there are invoiceable items

Improvement: Integrated Management Information Reports to Drive Business Insights

More informed, timely decision making based on real-time information

Kimble Functions

Using Kimble, you will be able to:

  • Drive revenue growth through predictable delivery and accurate invoicing
  • Systematically manage revenue adjustments such as increasing or decreasing revenue, including write-offs
  • Comprehensive reporting to enable forecasting and tracking

Kimble Product Features

  • Industry-leading business intelligence and analytics, including a suite of management information reports to showcase invoice forecast, PO exposure on engagements, and other aspects essential to billing processes
  • Period management to surface and take action on any unrecognized revenue that impacts month end
  • Summary dashboards showing detail relating to timesheets, revenue and cost milestones, and revenue and recurring cost to increase efficiency of closing month end

Improvement: Reducing Revenue Leakage

Bill for everything you are entitled to bill for

Kimble Functions

Using Kimble, you will be able to:

  • Controll access to codes for project time booking
  • Drive efficient expense rebilling
  • Cap T&M engagements
  • Manage billing rules around standard business days and out-of-hours work

Kimble Product Features

  • Access to project time and expense codes is controlled by delivery, reducing erroneous submissions
  • Configurable expense reimbursement framework which can automatically surface items for rebilling
  • Cap usage on T&M engagements to stop time being approved and act as a checkpoint for delivery
  • Ability to drive standard or out of hours time recording and billing appropriately at engagement level
  • Engagement managers can easily compare each week the work that has been done against what was forecast and bill accordingly