
Julie Lo Certo
Systems & Project Manager
LIW
Using Salesforce for projects and finances? Mission Control Project Financials Software streamlines cost tracking, revenue recognition, budgeting, and forecasting—all within Salesforce. Effective financial management is crucial for project success and essential for Professional Services Automation.
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The Billing & Cost Project Financials feature in Mission Control provides a comprehensive solution for tracking revenue, costs, and profit and loss (P&L) associated with project work. Designed to ensure accurate financial visibility, this feature helps businesses monitor billable and non-billable hours, streamline invoicing, and maintain control over project budgets. By seamlessly integrating with Salesforce, it offers a unified project financial management solution that enables organizations to track and analyze financial performance in real-time, ensuring profitability and operational efficiency.
With Billing & Cost Financials, businesses can enhance financial transparency, reduce revenue leakage, and make data-driven decisions to optimize project profitability. This feature empowers teams with precise financial insights, enabling better cost control, improved forecasting, and increased client trust through accurate financial reporting. Whether managing complex projects or tracking day-to-day financials, Mission Control ensures that every project contributes positively to the organization’s bottom line.
Budget Management in Mission Control empowers project managers with the tools needed to plan, track, and control project financials effectively. From labor costs to materials and other expenses, this feature provides a clear, real-time overview of all budget items, ensuring financial transparency and accountability. By continuously monitoring actual spending against the planned budget, teams can proactively manage costs, make data-driven decisions, and mitigate financial risks.
With comprehensive financial oversight, real-time tracking, and detailed reporting, Budget Management helps organizations optimize resource allocation and maintain project profitability. By keeping projects within budget and reducing the risk of overruns, this feature enhances financial control, improves decision-making, and ensures successful project delivery. Mission Control’s Budget Management feature is essential for businesses looking to streamline financial planning and maximize project success.
Project Invoicing in Mission Control streamlines the process of billing clients for work delivered on your projects. Fully integrated with Salesforce, this feature ensures accurate and efficient invoicing by capturing billable hours, expenses, and milestones directly within your Project Management workflow. With support for multiple billing types—Fixed Price, Time & Materials, and Retainers—you can tailor invoices to match your client agreements, improving accuracy and transparency. Automated invoicing cycles, including weekly, monthly, and milestone-based billing, help maintain a consistent cash flow while reducing manual effort.
By automating and centralizing invoicing within Mission Control, businesses can improve financial accuracy, enhance cash flow management, and maintain strong client relationships. The seamless integration eliminates the need for external tools, reducing errors and administrative overhead. With clear, timely, and professional invoices, you can ensure prompt payments and better financial oversight, making Project Invoicing an essential tool for professional services businesses managing complex projects.
Revenue recognition ensures your business records revenue when it is earned, not just when payment is received. For professional services organizations, this is critical for accurately reflecting project progress and financial performance. Whether using the percentage of completion or completed contract method, proper revenue recognition helps maintain compliance with accounting standards while providing real-time insights into cash flow and profitability.
With Mission Control, you can automate revenue recognition to align with project milestones, time-based contracts, or service delivery. Our PSA platform provides flexible recognition methods, scheduling capabilities, and integrated reporting, ensuring compliance and efficiency. By streamlining revenue recognition, your business can reduce manual errors, improve forecasting, and maintain financial transparency—empowering you to make data-driven decisions with confidence.
Mission Control’s Expense Management feature streamlines the tracking and approval of project-related expenses for both internal resources and external suppliers. Built natively on the Salesforce Platform, this feature provides a centralized solution for logging, managing, and reimbursing expenses efficiently. By automating expense tracking and approval workflows, organizations can eliminate manual processes, reduce administrative overhead, and ensure financial accuracy across all projects.
With real-time visibility into expenses, project managers can monitor budgets effectively, maintain compliance with financial policies, and make informed decisions to enhance project profitability. The seamless integration with other Mission Control features ensures a cohesive project management experience, enabling businesses to maintain financial discipline while optimizing operational efficiency.
Our Salesforce Project Financials Software equips project managers and finance teams with tools to track budgets, manage billable rates, monitor revenue, and forecast financial performance. With advanced cost tracking and planning, it keeps projects on budget and financially sound.
The Financial Insights & Reporting feature delivers deep analysis of profitability, cost variance, revenue trends, and key financial metrics for smarter decision-making.
g2.com, the world’s top software review site gathers feedback from millions of users, including those using Mission Control’s Salesforce Project Financials Software and competitors.
A key metric they track is the Net Promoter Score (NPS). As shown below, Mission Control outperforms major competitors and exceeds the SaaS industry average of 41.
G2.com Professional Services Automation Report – Summer 2021
Many new customers we speak with struggle with fragmented financial data, lack of visibility, and inconsistent reporting due to managing project budgets, invoices, and revenue across multiple tools. Mission Control’s Salesforce Project Financials Software allows you to centralize your financial management, ensuring accuracy, security, and complete financial oversight—all within Salesforce.
“Mission Control is amazing, it does everything we need it to do with all features we need to make our business successful”
Mission Control’s Project Financials Software unifies budgeting, revenue recognition, invoicing, expense tracking, and profitability reporting in one platform.
Gain complete financial visibility across sales, services, and finance—keeping projects profitable, reports up to date, and decision-makers informed.
Interested to know how Mission Control can help your business with you Project Management needs? Organise a no obligation call with one of our team who can tell you everything you need to know.
Test drive everything Mission Control has to offer at your own leisure. See how the features work, play around & begin see how the Project Management tools can help your business.
Save time and let us show you how everything works! We can show you exactly how all the features and tools can be tailored to meet the demands of your projects, and business.
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