Claritas Q3 Update adds Dashboard Chart for Cost-Plus Project Labor Hours.
New Claritas Experience enhances usability, speeds processing, and increases personalization.
Monday, September 25 – TBS has released its third quarter update for Claritas, adding a new performance visualization for CPFF (Cost-Plus-Fixed Fee) project hours to the recently launched Aspire dashboard for GCS Premier.
The update expands the “New Claritas Experience” introduced by TBS earlier this year.
The New Claritas Experience and the Aspire Dashboard are part of a series of Cloud-powered automation apps that TBS is rolling out in 2017. The suite empowers TBS customers to get more out of their existing system investments with enhanced security, portability, and performance insights.
The new Claritas includes:
a customized on-line dashboard, a single URL to access all TBS-hosted products – GCS Premier, Time Collection, Claritas, Time-Ade, SkyVault and more
performance charts for Aggregate Project Costs and Labor compared to Budget and Forecast, and for Period of Performance progress
an enhanced UI optimized for touch and tablets, with brighter and bigger icons, streamlined navigation options and improved readability
updated Cloud architecture that delivers instantaneous report configurations and dramatically faster syncing with Deltek and QuickBooks.
The Q3 Claritas update also adds an in-line view of Labor Costs by Employee and Labor Category to the Single Project Forecast View, which provides PMs with real-time comparative insights for ACTUAL versus PROJECTED monthly employee / subcontractor hours and monthly ODCs.
As promised, TBS continues to add new Claritas visualizations inspired by customer requests. The CPFF Aggregate Project Hours Chart compares real-time incurred labor to the baseline project budget and the latest project forecast. The analysis displays as a line chart with monthly data points for trend tracking.
Project Managers click on the line chart to jump directly into that contract’s or task’s “Single Project Profitability View” – an interactive job cost report that features real-time project expenses and labor.
Claritas’ signature feature, the Single Project View includes:
fully burdened labor hours from timesheets – whether “Approved” or “Open” and not yet processed for payroll,
job costs and travel expenses from posted and unposted AP vouchers,
calculated fee on ALL project costs
… giving PMs and Execs the most accurate view of contract performance every single day – no waiting for the monthly accounting period to close.
For current Claritas customers, the TBS product team will be reaching out to schedule personalized orientation and onboarding sessions. Claritas customers may also contact Support@TBS-llc.com to get started.
For organizations new to Claritas, TBS is hosting weekly Claritas Intro Demos every Thursday in July at 12:30 p.m. ET. To join, email Claritas@TBS-llc.com or call 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.