4 Key Issues Solved By Project Management Software
Read time: 3 minutes
Sometimes when our days are so busy, we focus on keeping things going, flowing from task to task, and prioritizing what seems urgent over what is important in the long-run. Here are 4 obstacles that you may recognize at your agency, and if you can identify with them, it may be time to consider agency project management software as a solution.
1. Performance Visibility
It’s a given that agency leaders need to know how resources are performing, and if client work is profitable. The only way to obtain this visibility is to have a mechanism for tracking it and reporting on it usefully. A project management software like Function Point’s offers you the ability to know what you need to know, when you need to know it. You can tailor your Function Point Dashboards to visually manage client, job and staff performance; budgets; job progress for your accounts and, well, whatever else you need to know.
2. Knowing What’s Profitable
No one wants to work for free. A successful agency knows what work is profitable and who the right people to work with are. If you don’t know, then you don’t know a key part of your business, simple as that. And you want to know your business, right? Not sure if your agency is as profitable as it could be? Check out 3 factors to consider for calculating your agency’s profitability.
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Profitability Made Easy
3. Working Together Towards Strategic Goals
Teams must work on the right projects at the right time, and be able to focus on that work efficiently. Creating the right environment for creatives and other team members to do their work is key to producing quality projects within the time frame clients need. One of the most effective ways to get everyone working towards a common goal is to make sure they’re all on the same page. The daily huddle we practice at Function Point is a perfect way to touch base and foster better collaboration between different teams. It makes communication quick, easy and efficient.
4. How to Bill and What to Bill For
In creative agencies, this is one of the hardest areas to nail. Knowing how to bill means having insight into the value of the work you do, when and how you do it, and what you should be charging for. It can be hard to know if you’re charging enough at your creative agency, but the sooner you find out, the closer you are to increasing your creative agency’s profitability.
If you think it may be time for an agency project management software check out the eBook below to take the readiness quiz!