Burn Rates

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I Had No Idea iSite did that!

Welcome back to our series on how iSite works and how you can make it work harder for you! As we’ve told you in the past the best and worst thing about building an agnostic contract management tool is that it can be tailored to fit any contractor or Government agency need.  All  our clients love what iSite does for them on a regular basis, but we have found that once folks get settled into their iSite routine they sometimes forget that there is more….

For this post, we are going to look at how our cost features integrate with our funding features.

As a heads up, this feature impacts our cost-plus contract audience the most.

First, congratulations are in order!  You won the contract and now have a stack of allocated funding for each task of your contract. You know how much money you have for each task and assume that you are spending it as predicted.

And, things have been chugging along smoothly.  Or at least that is what all of your task managers are reporting.

Nothing to set off any alarm bells, but you have a feeling….and decide to dig into your burn rates.

With one quick look into iSite’s integrated system, you review your burn rate and see that you are on track.

One less worry.

By taking advantage of iSite’s cross-modular integration you can easily evaluate your actual cost and predicted burn rates side-by-side with your available funding.

We might not all be boy scouts, but we all know the motto. boy-scout-316920__340

To learn more about how you can be prepared email marketing@isitellc.com