Identifying Profitability with MSPbots’ Finance Dashboards for ConnectWise Manage
In today’s competitive digital world, MSPs want to continuously improve to keep their clients satisfied and stay competitive in the current market. MSPs have binding agreements with clients through managed services contracts with a list of services the MSP must deliver, including prices, duration, and service-level agreements (SLAs). When focusing on the big picture and not the fine print, businesses can overlook leveraging their managed services contract to increase their profit margins.
Is my business profitable?
Identifying and keeping track of your key metrics should be the first step in ensuring the agreements are profitable. Your professional services automation (PSA) software should do this for you, but the financial dashboard of your PSA can sometimes be a little overwhelming. You’ll sometimes find yourself getting lost in all the data.
Put all your important data in one place.
Integrating MSPbots’ Agreement Profitability dashboards for your PSA software can simplify things for you. Our financial dashboards provide you with a better overview of your key metrics such as Profit Margin, Effective Rate, and Contribution Rate so you can make faster and better assessments for your business.
A breakdown of these metrics per agreement type/company as well as trend graphs can show whether agreements are priced correctly or whether agreement labor costs should be managed more effectively.
Key data you can track with MSPbots’ financial dashboards include:
- A summary showing total billed, margins, effective rate, contribution rate, and profit per agreement type with graphs showing the monthly trends for the KPIs
- A breakdown of key metrics on a per agreement-company level
- A display of all companies under each agreement type with their monthly margins which allows users to see trends and determine which companies need more attention
Eliminate the hassle of toggling between reports. Integrate MSPbots’ Agreement Profitability Dashboards into your PSA (ConnectWise Manage) and stay on top of your financial KPIs. The data you need is presented to you in real-time the way you want it. MSPbots gives you a complete overview, so you can better analyze metrics and make well-informed decisions for your business’s future.
Sign up for our freemium account and see how MSPbots can help your business or register to our webinar.