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What is Factor AE?

Factor AE stands out as an intuitive management tool designed specifically for architecture and engineering companies, streamlining project monitoring, time allocation, invoicing, and enhancing visibility throughout the organization. This innovative platform enables firms to classify projects into various categories, including fixed fee, hourly, and non-billable segments, facilitating meticulous oversight of employee hours and budget consumption across different levels. Furthermore, it offers features for tracking sub-consultants and associated expenses, whether they are included in project costs or handled independently, all while ensuring a seamless invoicing workflow. Factor AE also equips firms with the ability to create project timelines, define crucial milestones, assign responsibilities, and optimize resource distribution, thereby helping to meet client deadlines and improve resource utilization. Its robust functionality allows users to gain quick insights into project statuses, enabling easy comparisons of budgets and timelines with actual results by phase, while also supporting revenue projections and prompt adjustments to preemptively address potential issues before they escalate. In essence, this all-encompassing platform significantly enhances operational workflows and supports informed decision-making processes for firms operating in the architecture and engineering fields. Additionally, its user-friendly nature ensures that teams can quickly adapt to the system, further promoting productivity and collaboration.

What is BigHand Budgeting and Forecasting?

BigHand Budgeting and Forecasting transforms the annual budgeting process for law firms, making what used to be a cumbersome task into a streamlined and effective operation. Its powerful integration capabilities facilitate the timely and accurate management of budget-to-actual performance metrics. This innovative solution equips firms to project both cash and accrual-based revenues while simplifying every aspect of budgeting and variance analysis. With flexible customization options, users can securely access intricate transaction data from the firm's general ledger and accounts payable systems. Transactions can be organized in various ways, allowing for sorting by multiple segments and columns according to user preference. Moreover, users can delve into specific transactions to scrutinize their individual components, such as checks, vouchers, or entries from the general ledger, which guarantees thorough oversight and control over financial information. Such detailed insights not only bolster the firms' financial management but also significantly enhance their strategic decision-making capabilities, ultimately leading to better financial outcomes.

Media

Media

Integrations Supported

Aderant
Elite 3E
Microsoft Excel
QuickBooks Online

Integrations Supported

Aderant
Elite 3E
Microsoft Excel
QuickBooks Online

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Factor AE

Company Location

United States

Company Website

factorapp.com

Company Facts

Organization Name

BigHand

Date Founded

1995

Company Location

United Kingdom

Company Website

www.bighand.com/en-us/our-solutions/budgeting-and-forecasting/

Categories and Features

Architecture

2D Drawing
3D Modeling
BIM Modeling
Bills of material
Building Information Modeling
Client Management
Contact Management
Contract Management
Document Management
Drafting
Manufacturing Design Data
Presentation Tools
Project Management
Proposal Management
Quotes/Proposals
Visualization / Presentation

Engineering

2D Drawing
3D Modeling
Chemical Engineering
Civil Engineering
Collaboration
Design Analysis
Design Export
Document Management
Electrical Engineering
Mechanical Engineering
Mechatronics
Presentation Tools
Structural Engineering

Categories and Features

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

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