Finance Management

Track Profitability & Forecast Cash Flow in Real Time

Still managing finances across multiple tools? Magnetic brings everything into one place, so you can track revenue, control costs, and automate invoicing without the hassle.

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Join 100's of Global Teams using magnetic.
Visual representation of Magnetic's 'Job Financials' and 'Revenue Forecast' features, providing a strategic overview of project profitability, budget performance, and future revenue projections for informed business decisions.
A visual depiction of Magnetic's task management, showing 'Assigned to' cards with progress and duration, overlaid with a 'Link task to' dialog box for detailed task setup including billing, timeframe, and properties.

Get the Insights You Need to Stay Profitable

From live project margins to future cash flow, Magnetic gives you the financial insights you need to reduce risk and grow sustainably.

See which projects actually make you money
Stop over-servicing before it hurts profitability

Invoice faster & get paid without chasing clients

Plan ahead with revenue forecasting

Everything You Need to Keep Finances Under Control, Without the Manual Work.

Magnetic gives your team everything you need to manage projects from end to end, in one intuitive platform. Plan timelines, track budgets, assign resources, get approvals, and collaborate in real time without the chaos of switching between apps.

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Invoicing and Expense Management
Simplify financial admin with tools that turn approved timesheets and project milestones into invoices automatically. Upload expenses, track approvals, and reconcile billing faster, without spreadsheets or manual work.
Rate Cards and Estimates

Create accurate estimates using flexible rate cards tailored to clients, teams, or service lines. Build scopes that reflect true cost, align with margin targets, and eliminate billing disputes before they happen.

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Cost Management
Track project spend against budget in real time. See where costs are creeping, control scope-related expenses, and keep delivery teams aligned with financial goals.
Generate Purchase Orders and Credit Notes
Manage procurement workflows in one place, issue purchase orders and credit notes directly from your project budget, with visibility into status, approval, and financial impact.
Digital Cost Approvals
Streamline cost approvals across internal and client stakeholders. Submit, review, and approve estimates or supplier costs digitally. so work doesn’t get delayed waiting on emails.
Multi-Currency Billing
Manage international clients and projects with ease. Set billing rules by currency, account for exchange rates, and issue compliant invoices without complexity.
Currency Customisation
Define which currencies your projects operate in, customise rates by region, and maintain financial consistency across global engagements.
Cashflow Insights
Track inflows and outflows across projects and accounts. Get a clear picture of upcoming receivables and payment obligations, so you can allocate spend confidently and course-correct early.
Financial performance Snapshots
Instantly see which projects are under budget, overspending, or drifting on margin. High-level views help finance and leadership teams make quick, informed decisions.

Advanced reporting

Stop Wrestling with Spreadsheets, See Your Profits in Real Time.

Track key metrics like profitability, resource usage, and forecasts. Use real-time data to monitor performance and make smarter decisions.
Use actionable insights from Profitability Reports to ensure every project contributes to your business’s growth and success.

Access Instant Profit and Over-Servicing Insights

Quickly see which projects are boosting your bottom line, and which are draining it. Track profit margins across active and completed projects, and spot over-servicing by comparing billed hours to actual time worked.
Profitability trends
Budget vs actual insights
Project ROI
Project cost and expense tracking
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Use actionable insights from Profitability Reports to ensure every project contributes to your business’s growth and success.

Stay Ahead of Over-Servicing and Profitability Risks

Easily identify projects where actual hours exceed estimates and flag those at risk of profitability loss. Get early warnings, take corrective action, and keep projects aligned with budgets to protect your margins.
See billed vs actual hours
Monitor scope creep
Access historical trends
Get client specific insights
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What Magnetic Replaces

When budgets, billing, and reporting live in disconnected tools, things fall through the cracks. Magnetic centralises your financial operations, so you can track performance in real time, invoice faster, and protect your margins without the manual work.

Legacy Setup

Finance teams spend too much time pulling together numbers from disconnected systems, often reacting to issues after it's too late.

Excel sheets for budgets, revenue forecasts, and reconciliations
Separate systems for time tracking, invoicing, and expenses
Manual billing processes with delayed inputs from project teams
Limited visibility into project profitability or margin erosion
Financial data stuck in silos, updated inconsistently
Disconnected rate cards and non-standardised pricing
Reactive reporting that arrives too late to influence outcomes

Power Up Your Workflow With Easy Integrations

Magnetic connects with your existing tools—from CRM to accounting - so your workflows stay seamless. Plus, with Zapier, you can easily link hundreds of apps in just a few clicks.

See all integrations

Know Where Money Goes on Every Project

No more missed revenue, over-servicing, or manual invoicing. Magnetic gives you full financial visibility, automation, and forecasting, so your business stays profitable.

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