Financial Management Software

Gain total control over project finances, from budgeting to billing, with BigTime’s financial management software.

Why Choose BigTime Financial Management Software?

In today’s fast-paced professional services landscape, firms are grappling with increasingly complex project-based financial management needs. Disconnected systems, manual invoicing processes, and a lack of visibility into real-time financial data often lead to lost revenue, compliance risks, and operational inefficiencies. Whether it’s missed billable hours, budget overruns, or delayed payments, these challenges can hinder profitability and growth.

BigTime’s financial management software provides a modern, integrated solution that simplifies financial workflows and empowers finance teams with the insights needed to make smarter decisions. It’s built specifically for professional services firms, addressing the unique demands of project-based businesses.

Enhance financial visibility

Gain real-time insights into project budgets and expenditures.

Streamline billing

Automate invoicing to get paid faster and accelerate cash flow.

Ensure compliance

Maintain adherence to financial regulations and standards.

Improve allocation

Optimize resources and team utilization for better profitability.

Integrate seamlessly

Connect with existing tools like QuickBooks and Salesforce.

Customize reporting

Generate tailored financial reports for stakeholders internally and externally.

Enhance Financial Visibility

Gain real-time insights into budgets, expenditures, and project profitability. BigTime’s financial management system software centralizes financial data and surfaces live metrics, giving finance teams and CFOs clear, actionable visibility. With powerful financial reporting and revenue forecasting tools, firms can stay ahead of cash flow concerns and long-term planning.

Streamline Billing Processes

Automate your entire invoicing cycle to accelerate collections and improve cash flow. With built-in billing automation, BigTime eliminates manual errors and delays. Users can generate, customize, and send invoices in minutes, based on time and expense entries, resulting in faster payment processing and healthier financial outcomes.

Improve Resource Allocation

Maximize profitability by aligning your team’s availability with project budgets. BigTime's business financial management software includes built-in resource planning tools that let operations and finance leaders allocate labor strategically, avoid overages, and ensure that every hour is tracked and billed accurately to maximize profits.

Project Management Dashboard

Ensure Compliance

Stay audit-ready with robust compliance support tools. BigTime enables firms to meet industry and regulatory standards, like DCAA compliance, through features like audit trails, time tracking validation, and financial transaction logging. This means fewer risks and greater confidence in your reporting.

Integrate Seamlessly

Connect BigTime with accounting software like QuickBooks, Sage Intacct, Salesforce, and enterprise resource planning tools. Our software for financial management eliminates data silos and syncs project, billing, and accounting data into one cohesive system, reducing duplicate entry and enabling better business decisions.

Customize Reporting

Tailor financial reports to fit internal and external stakeholders using generally accepted accounting principles. From income statements to accounts receivable summaries, BigTime provides customizable dashboards and reports that deliver real-time visibility into financial performance and KPIs. Keep everyone aligned, from project managers to executive leadership.

Better project management starts here.

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Key Features of BigTime's Financial Management Software

BigTime delivers everything you need to manage project-based finances with precision and efficiency.

Time and Expense Tracking

Track billable hours and expenses in real time to reduce revenue leakage. BigTime’s time tracking software captures operational data accurately, aligning labor costs with budget expectations. Customizable approval workflows ensure compliance and accountability for every entry.

Automated Invoicing

Eliminate manual invoicing with automated templates that convert logged hours into client-ready invoices. BigTime’s cloud-based financial management solutions allow teams to schedule and send invoices directly from the platform, complete with payment tracking and aging reports.

Budget Management

Keep every project on budget with real-time budget monitoring and automated alerts. Our financial planning tools help teams forecast costs, adjust spending, and prevent overruns before they impact profitability. Set budgets by phase, task, or milestone and track performance against plan.

Resource Planning

Optimize how your people work across projects. BigTime’s resource allocation software helps firms manage staffing capacity, adjust workloads dynamically, and support better budgeting. Reduce burnout and improve utilization across your finance and project management systems.

Compliance Tools

Built-in features help you meet compliance requirements like DCAA, including audit trails and labor cost tracking. These financial management tools support industry standards while reducing risk, critical for firms working with government contracts or regulated industries.

Advanced Reporting

Turn financial data into business insights with BigTime’s real-time dashboards and reporting capabilities. From cash flow projections to project-level profitability, our cloud-based reporting engine gives finance teams what they need to make informed decisions fast.

How BigTime Financial Management Software Works

BigTime simplifies project-based financial management through an intuitive five-step process.

Step 1: Setup and Integration

Seamlessly connect BigTime to your existing accounting and project systems. Whether you’re using QuickBooks, Salesforce, or third-party apps, BigTime ensures all financial data flows smoothly for a cohesive management experience.

Step 2: Time and Expense Entry

Log time and expenses via user-friendly tools. Financial data is calculated in real time using predefined billing rates, improving accuracy in cost allocation and income tracking.

Step 3: Budget Monitoring

Budget dashboards provide continuous oversight of each project’s financial health. See when you're at risk of exceeding budget thresholds, giving finance leaders the power to act fast.

Step 4: Invoicing and Payments

Generate customized invoices using real-time data. Send them directly from BigTime and track payment history to maintain healthy cash flow and reduce aging receivables.

Step 5: Reporting and Analysis

BigTime's analytics tools let firms assess project and portfolio-level performance, generate year-end financial statements, and guide strategic decisions with better financial visibility.

Why Professional Services Firms Choose BigTime

Customer Success Stories: Real Results for Real Firms

North Labs needed to streamline its project financial management as the firm scaled operations. After implementing BigTime, the firm achieved a 25% revenue increase driven by faster billing, stronger visibility, and better resource tracking. Read the full story.

What Our Customers Say

“BigTime has saved us money by being more efficient. It’s helped us grow and expand—and now we’re seeing more revenue come in.”

Brandy Thill

VP of Operations, North Labs

Ready to Transform Your Firm’s Financial Management?

Start your free trial today and experience the power of BigTime’s financial management software solutions.

Start a free trial today

FAQ

What is financial management software for professional services firms?

Financial management software helps professional services firms track, manage, and optimize all aspects of financial operations. This includes budgeting, invoicing, resource planning, and compliance. BigTime consolidates all these functions into one easy-to-use platform, helping firms streamline financial workflows and improve cash flow visibility.

How does BigTime's financial management software improve project profitability?

BigTime allows you to monitor project budgets in real time, track expenses accurately, and allocate resources efficiently. This reduces revenue leakage and ensures maximum team utilization, helping you improve project margins and achieve sustainable profitability.

How does BigTime help streamline financial processes and reduce accounting errors?

BigTime’s financial management tools are designed to modernize and automate your business processes, reducing reliance on manual processes that often lead to accounting errors. By integrating seamlessly with your existing accounting system, BigTime ensures that financial data—from employee expense entries to business spending—is captured accurately and in real time. The platform simplifies financial reporting and helps generate reliable financial statements, giving firms a clear view of their money and how it flows across bank accounts. With better oversight and streamlined workflows, employees spend less time on data entry and more time on strategic tasks, improving overall financial health and decision-making.

Can BigTime automate invoicing and payments?

Yes, BigTime is an effective financial management system that automates the full invoicing cycle using time and expense data. You can schedule invoices, customize templates, send them directly to clients, and track payment history—all within a centralized financial management solution.

How does BigTime’s financial management system support accurate tracking of accounts receivable and cash flow?

BigTime’s financial management systems integrate with your existing accounting system to deliver real-time visibility into accounts receivable, expense management, and yearly cash flow. By automating key tasks and aligning with basic accounting principles, BigTime helps firms eliminate manual errors and ensure consistent tracking of outstanding invoices. Its intuitive dashboards and financial tools provide finance teams with clear insights into receivables and expenditures, enabling more accurate forecasting, easier tax preparation, and improved cash flow management throughout the year.

Does BigTime support multi-currency and international billing?

Absolutely. BigTime has all the functionality needed to support multi-currency transactions, making it easy to manage financial operations for international clients and projects. It's a scalable solution for growing global firms.

Can BigTime’s financial management software support both small businesses and larger companies?

Yes, BigTime is designed to scale across small businesses, medium-sized businesses, and larger companies alike. Our cloud-based financial tools offer the flexibility to eliminate manual processes and support growing operational complexity. For small teams, BigTime simplifies invoicing tools and expense management to save time and reduce errors. For larger organizations, it offers robust finance automation and advanced risk management features that improve visibility into financial performance. Whether you're just starting out or scaling rapidly, BigTime provides the tools needed to streamline operations and make smarter, data-driven decisions.

How does BigTime help with forecasting financial performance?

BigTime’s advanced dashboards allow firms to forecast revenue, cash flow, and resource demands based on current and historical project data. With accurate insights, finance leaders can plan proactively and make informed strategic decisions.

Is BigTime's financial management software DCAA compliant?

Yes, BigTime includes compliance tools such as audit trails, labor cost allocation, and timekeeping features that align with DCAA requirements, making it suitable for firms handling government contracts.

Can I integrate BigTime with my existing accounting software?

Yes. BigTime integrates seamlessly with platforms like QuickBooks, Sage Intacct, and others. These integrations ensure a smooth flow of financial data across systems, enhancing operational efficiency.

What types of reports can BigTime generate?

BigTime offers customizable financial reports, including profit and loss statements, utilization rate dashboards, accounts receivable summaries, and more. These reports provide deep insights for executives and finance managers.

How does BigTime ensure data security for financial information?

BigTime employs enterprise-grade security, including encrypted data transmission, role-based access, and secure cloud hosting to protect sensitive financial data.

Is training available for financial teams using BigTime?

Yes. BigTime offers robust training options, including live onboarding sessions, webinars, and an extensive knowledge base to ensure finance teams can fully leverage the software’s capabilities.