Improved project financials Reporting and Insights

Eggers & Partner are ready to eliminate paper and spreadsheets

I was looking for a solution that was truly tailored and specific to management consultants and professional services. With other ERP systems, you get too many or too different structures. That’s not helpful in capturing and understanding the business we’re in."

Dr. Edgar Ennen

Managing Partner, Eggers & Partner

The challenge: Limited transparency and too much manual work

Before implementing TimeLog PSA, Eggers & Partner experienced the following challenges:

Manual Work: The company relied heavily on Excel spreadsheets to collect data and track information. This manual effort led to inefficiencies in data consolidation. When it came to invoice creation, Dr. Edgar Ennen experienced that it took too long to find the appropriate information.
Limited Availability of Controlling Information: The company had difficulty accessing the controlling information they needed to make informed business decisions, such as which customers or projects are most profitable. Their current approach hindered transparency and effective project management.
Lack of Digitalisation: The company recognised the need to adapt to the ongoing digitalisation trend in the German consulting industry. They needed a system to streamline their processes and reduce reliance on manual work.

Before TimeLog PSA, we had much manual work collecting our data in Excel files and then combining the different spreadsheets. Finding the correct information in the right place took too long. We had a substantial manual effort in invoice creation and were limited in controlling that information."

Dr. Edgar Ennen

Managing Partner, Eggers & Partner

It was also a requirement that the new system could allocate costs to specific projects and thereby provide insights into every aspect of the consultancy’s operations.

Project management and time tracking tailored for the consulting industry

After initial research, Eggers & Partner discovered TimeLog PSA. TimeLog PSA's tailored approach to the professional services industry made it stand out from competitors.

It addressed their specific needs without overwhelming them with unnecessary features.

Eggers & Partner needed a solution that addressed 4 key challenges:

Time Tracking: TimeLog PSA allows for comprehensive time tracking and management tailored to consulting services, ensuring accurate and efficient tracking of billable hours.
Project-Oriented Allocation: The system enables project managers to allocate tasks, expenses, hours, and other resources directly to specific projects, providing a clear understanding of contribution margins and project profitability.
Resource Planning: TimeLog PSA offers resource planning, CRM, expense and mileage tracking, allowances, streamlining project management, and internal cost allocation.
One solution: Everything is gathered in one solution, creating transparency and overview and making it easy for everyone to work in the same system simultaneously.

The goal is to eliminate the use of paper.

Our objective is to eliminate paper and spreadsheets and implement a single system that covers our entire process, from the very first customer contact to the invoice."

Dr. Edgar Ennen

Managing Partner, Eggers & Partner

Benefits of TimeLog PSA

As Eggers & Partner have implemented TimeLog PSA, some of the benefits they've experienced include:

Increased Transparency: The system provides greater transparency into their activities, enabling better decision-making and more accurate data analysis.

Efficiency Gains: By reducing manual work, Eggers & Partner save time and reduce the risk of errors in their processes.

Enhanced Project Management: TimeLog PSA's project-oriented allocation leads to more efficient project management and improved resource allocation.

Comprehensive Data Insights: The system's capability to capture internal costs and provide a comprehensive view of their business activities enables better analysis and strategy development.

Streamlined Digital Processes: Eggers & Partner aims to eliminate paper-based processes and spreadsheets, fully automating project management, invoicing, and accounting. The goal is to reduce manual work and work less.

Advanced time tracking options for consultants

The "aha moment" for Eggers & Partner came when the company realised how comprehensive the time tracking data model in TimeLog PSA is and that it can also capture internal costs.

The system's ability to allocate costs to specific projects and provide insights into every aspect of their operations was a pivotal moment in recognising the value of TimeLog PSA.

It presented an opportunity for Eggers & Partner to increase transparency in management, more efficient project management, and data-driven decision-making.

A better foundation for decisions through transparency

With TimeLog, we get transparency. This will lead to better talks with employees. We can better compare partners to one another and compare projects and employees. Maybe we’ll decide against projects because they're inefficient, or we can set a different strategic focus because of what we see."

Dr. Edgar Ennen

Managing Partner, Eggers & Partner

Who are Eggers & Partner?

Eggers & Partner is a consulting and management development company based in Hannover, Germany.

The company specialises in leadership development, training, coaching, personal development, and classical consulting services related to processes, strategy, structure, technology, and digitalisation.