Claritas Labor Hours now Automatically Apply Rates for Service Contract Act Projects.

 

Monday, December 19 – Claritas, the best project reporting tool for Deltek GCS and Costpoint and for Stratosphere for QuickBooks, now features SCA rate allocations for UNPOSTED Project Labor.

The new Service Contract Act rate automation was delivered this weekend to all Claritas customers as part of the product’s Q4 upgrade release, which also features automatic monthly labor entry options for project forecasts.

The 29th consecutive quarterly functional enhancement for Claritas is available to all Claritas customers at NO additional charge.

 

          Claritas SCA Labor Rates

 

“What’s most remarkable about Claritas is our user community,” says Claritas Product Director, Debra Stehly. “They’re smart, great at what they do, and understand the value of Cloud technology to save time and improve understanding.”

Stehly says that customers recently shared that Daily Unposted Labor Hours on their Claritas reports would be even more powerful if they instantly matched the proper labor rates for Service Contract Act projects.

“SCA rate automation is a perfect fit because Claritas is designed to deliver real-time project reports with no additional consulting or report writing,” says Ms. Stehly. “Anywhere you are and on any device, Claritas project reports and insights are right at your fingertips.”

By comparison, Cognos and Impromptu require consulting to configure. Any time new tasks are added, labor rates change, or contract funding adjusts, all manually written project reports must be updated too.

“Claritas project reports automatically update as your contracts change, keeping you in the know and in charge,” says Ms. Stehly.

 

          Spread Fill Project Forecast

 

Another important timesaver included with the Claritas Q4 release is the addition of automatic monthly labor entry for project forecasts. As PMs build their project plans, they may “Spread” total annual labor hours by resource across 12 monthly periods with the click of a button. Or, they may “Fill” the same individual labor forecast from previous months to all remaining months in the year.

Says Ms. Stehly, “Often it’s the little tricks and time-savers that we add to Claritas that make a world of difference for our users. We listen to our customers, and we respond.”

The new features add to the steady growth of Claritas project forecasting capabilities, which have expanded over the past several quarters thanks to on-going customer input.

With Claritas, orgs build their Project forecasts “bottom up” at either the contract or task level. Claritas forecasts include monthly project employee and subcontractor hours by labor category and account, as well as monthly project ODCs, giving PMs a complete project forecast year by year, all on one screen.
 
A preconfigured, self-service reporting suite, Claritas dashboards and project financials, budgets and forecasts are available instantly with no report writing and consulting investment.
 
Claritas is securely accessible from any desktop or tablet device to organizations hosting their GCS Premier, Costpoint and Stratosphere QuickBooks systems in the FAR52.204-21, ITAR- and SOC2-compliant TBS Cloud. The Q4 update is available to all Claritas customers at no additional charge. 

 

To learn more about Claritas for your project reporting, budgeting and forecasting or to schedule a Claritas Demo with your data contact TBS at Claritas@TBS-llc.com or 703.444.6562 x1.
 
 
Claritas is the flagship SaaS product from TBS, aggregating project performance details – including posted, unposted and unprocessed data from an organization’s hosted QuickBooks or Deltek system into a suite of interactive dashboards and performance modules for project managers, financial managers and business leaders. In addition to 85 other performance views, Claritas includes daily Project Summary reports, Labor Utilization analysis, and a live Statement of Indirects, as well as easy-to-use Project Budgeting and Forecasting.

 

 

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Product News