We’re looking back at a momentous 2022 at BigTime. From a milestone $100 million investment by Vista Equity Partners, to joining forces with Projector PSA, we’ve marked another year of big moves dedicated to you and helping move your businesses forward. Let’s revisit the top features of 2022 that helped you deliver excellent work, operate, and grow your firm.
New ways to streamline your processes.
These updates helped reduce administration work and kept teams focused on work that provides value.
Best of 2022: pay invoice payment links.
We introduced the ability to add BigTime Wallet payment links directly on your invoice PDFs, and you saw the benefits by getting paid 3x faster than usual. In fact, BigTime customers reported nearly 91% of their invoices were paid on time in 2022.
Runner up: invoicing updates.
We helped you nail key project processes from time tracking updates to project management, but invoicing updates took the cake. We added new pre-built invoice types, the ability to create (and update) invoices in bulk, retainer invoicing, and scheduled invoice reminders.
New ways to build predictability (and profitability) into your workflow.
Best of 2022: planning board.
The planning board created an easily accessible view into your firm’s operations, which supported planning decisions from budgeting to allocation. In 2022, 92% of BigTime customers reported the ability to make more proactive business decisions.
Runner up: project vitals tab.
Last year, you asked for more data visualization. The project vitals tab delivered a quick, visual snapshot of your project’s health in real-time through succinct, easy-to-read charts. This view of a project’s progress brought actionable insight to the forefront to stay on track.
New ways to report and analyze for better business outcomes.
Updates to BigTime’s reporting and analytics capabilities helped identify patterns, determine where to focus efforts, and improve outcomes for customers so you could grow the business.
Best of 2022: new profit projection and margin reports.
We added four system reports to help you view profit, profit projections, and margins more easily. Find them in your reporting center: total profit by project, overall margin by project, and profit projection (%) on allocation on your weekly period report or monthly period report.
Runner up: upgraded deposit report.
For a better understanding of your cash flow, we updated the BigTime Wallet deposit report to include even more categories. Whether you’re filtering by payment type, client ID, total payment amount, or something in between, you can better tailor each report to fit your firm’s needs.
As we head into the new year, we’re looking forward to bringing you new ways to support your goals, from multi-currency across BigTime to deeper integrations. Stay tuned for exciting updates coming each month throughout 2023.
About the Author
Senior Vice President, ProductSee more by Jami Klotz