For Finance Managers

All Your Project Financials In One Place

Magnetic helps Finance Managers understand, protect, and improve project profitability, without relying on spreadsheets or chasing teams for updates.

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Free for 14 days | No credit card required
Join 100's of Professional Service Firms using Magnetic
4.5
Stars out of 5 on G2 and Capterra
The Magnetic Difference

Built for Finance Teams Who Work Across Projects

Magnetic helps Finance Managers in project-centric firms track the financial health of every project in real time, so you can control profitability, improve forecasting, and keep your firm on solid ground.

See project finances in real-time
Leave static spreadsheets behind - get a real-time view of budgets, margins, and spend, all in one place.
Catch issues before they impact margin
Plan revenue using live pipeline and progress data, so your numbers reflect reality, not assumptions.
Build revenue forecasts your can rely on
Identify overservicing, unbilled hours, and cost overruns early, while there’s still time to fix them.
Keep finance and delivery on the same page
With one system and shared data across teams, everyone works from the same reliable source

Finance Management Designed for Project Work

Most finance tools aren’t built for the reality of project-based businesses, where margins shift, scope expands, and timing changes fast. Magnetic was designed to help you manage that complexity, with data that reflects how work actually happens.

Built around live projects & teams
Designed to track shifting margins
Made for firms that bill by the hour
Finance Management Tools

Tools That Give Finance Managers Control

Magnetic brings together the tools leaders need to track performance, manage risk, and improve commercial outcomes, without relying on fragmented data or delayed updates. These features are built to give executives clarity across delivery, finance, and operations.

Built-In Revenue Forecasting Tools

Forecast revenue with accuracy by connecting sales, resources and delivery. Get full visibility into future earnings and plan growth confidently.

Billable vs. Non Billable Tracking

Instantly see how your teams time is split between client work and internal tasks. Identify opportunities to increase billable utilisation and improve efficiency.

Real-Time Over-servicing Alerts

Know the moment projects start to run beyond budget oe scope. Stay in control, protect profit margins, and manage client expectations before issues escalate.

Automated Invoicing & Billing

Eliminate manual invoicing by turning approved time and expenses into branded, accurate invoices. Save hours of admin time and get paid faster.

WIP & Unbilled Revenue Reporting

Track work in progress and outstanding billing in one place. Strengthen financial visibility and ensure nothing gets missed.

Profitability by Client & Project

Identify your most and least profitable clients, projects, and service lines to inform future decisions.

Real-Time Cash Flow Insights

See the financial impact of work as it happens. Monitor inflows and outflows in real time so you can make smarter operational decisions.
Advanced Reporting

Make Smarter Decisions With Real-time Data and Reporting

See the bigger picture with Magnetic’s reporting tools. From profitability to over-servicing, get the insights you need to make smarter decisions, boost performance, and grow your bottom line.

Profitability Reporting

Track margin in real time by project, client, or team while monitoring how time, costs, and scope changes impact overall financial performance.

Track margins by client, project, service
Compare actual costs vs. budgets
Spot your most profitable work

Over-servicing Dashboards

Monitor time logged versus what’s been scoped or billed, so you can catch unplanned work before it eats into margin.

Flag time over budget or scope
Identify consistently over-serviced clients
Compare time logged vs. time estimated

Revenue Forecasting Reports

Use live pipeline, progress, and resource data to project revenue accurately, month by month or quarter by quarter.

Forecast revenue using live pipeline data
See top revenue-generating clients
Compare forecasts to delivery capacity

Seamlessly integrate with your existing Finance tools

Connect all your favourite accounting tools in one place for a smoother, more cohesive financial management experience. Say goodbye to data silos and hello to seamless synchronisation.

Email
Campaign Monitor
Google Calendar
Zapier
Xero
Ziflow
Lead capture
Gmail
Google
Microsoft Outlook
Slack
Zoho Mail
Timeboost
PowerBI
Proven results

Proven results for finance teams

Finance teams need more than static reports and siloed systems. Magnetic brings together the data that matters, live budgets, margins, and forecasts, so you can make faster decisions, reduce risk, and stay ahead of financial issues before they escalate.

Stronger project margins
Firms using Magnetic report fewer budget overruns and improved project profitability through earlier cost intervention.
Faster forecasting cycles
Revenue forecasting that once took hours now takes minutes powered by live pipeline and project data.
Less time spent on admin
Finance teams spend less time chasing updates and more time guiding the business with accurate data.
Clearer, more confident reporting
One-click reporting gives you up-to-date insights by project, client, or team, ready to share with leadership at any time.
Free for 14 days | No credit card required

Ready to take control of Project profitability?

Get full visibility into your project financials, eliminate manual work, and make confident, data-driven decisions with Magnetic.