.png)
The latest releases of EVX Software, versions 3.11.6 & 3.11.7, bring several significant updates aimed at improving the way Environmental Consulting and Engineering firms manage their projects and financials. With enhanced reporting features, improved billing and invoicing, and a more seamless expense management system, these releases are designed to help you streamline your processes and make data-driven decisions with greater ease.
With versions 3.11.6 and 3.11.7, we are introducing the Aging Unbilled Work Report, a vital financial tracking tool designed to help Environmental Consulting and Engineering firms manage their cash flow more effectively. This report provides a detailed breakdown of unbilled work, allowing teams to see which time entries (timesheets), completed tasks, and billable expenses are pending billing, how long have they been unbilled, and which projects or clients contribute the most to delayed revenue.
Why does this matter? Whether your firm operates on Time & Materials, Fixed Fee, and/or hybrid contracts, billable work is often accumulated and remains unbilled for weeks or months. Without clear tracking, revenue leakage becomes a real risk, affecting payroll, investments, and overall business operations. By offering customizable grouping options—such as project type, project manager, client, and contract phase—this report helps firms pinpoint billing bottlenecks, prioritize invoicing, and keep a steady cash flow.
This release is part of our broader commitment to bringing business intelligence to the industry, equipping firms with comprehensive reports and deeper insights into their financial performance. With better visibility into unbilled invoices, teams can make data-driven decisions that ensure projects remain funded, operations run smoothly, and profitability stays on track.
We are pleased to also announce the release of another new report: the ‘Work in Progress (WIP) Summary by Project’ Report, which is based on the old WIP report and has been further refined to provide even more valuable insights into project financials. This report now allows users to view the contracted amounts, estimated revenue, total invoiced amounts, and the amounts ready to be invoiced—all within a user-defined date range. This feature enables project managers to track project progress, compare expected revenue against actual billing, and ensure that their financial forecasts are accurate.
As part of our ongoing efforts to bring business intelligence to the industry, these new report capabilities are designed to provide a comprehensive analysis of a company’s performance. By integrating deeper financial insights into the project management process, this release gives teams the tools they need to make more informed decisions, maintain better cash flow management, and improve project profitability.
With the latest updates in EVX Software, the Project Financials Report now provides even more detailed insights into your company’s financial health. By offering advanced grouping options and a new unbilled project filter, you can now make more informed decisions based on the most relevant financial data.
The Project Financials Report is designed to give you a comprehensive view of your company's financials, broken down by individual projects. This means you can easily see costs, revenue, and profitability at a project level. With these enhancements, you can now group financial data by various criteria like project type, project manager, and even client or country, providing you with a clearer picture of where money is being spent and where opportunities for growth exist. The new unbilled project filter helps identify outstanding revenue, ensuring that nothing slips through the cracks.
These improvements empower you to have a more granular view of your project finances, making it easier to track profitability and plan for future growth.
What’s New: A new address display format option has been added to improve the layout and presentation of your invoices. This improvement allows for more flexibility in how billing addresses are shown, ensuring that your invoices are clear and professional.
What’s New: When quoting your projects using Expense templates, you can now define the expense type for each budgeted expense. This ensures that your actual expenses inherit the correct type as you execute the project. No more worrying about manually adjusting expense types – it’s now handled automatically for you.
400.png)
Join a growing community of professionals and receive expert knowledge on Project Management and industry insights from the ONLY Software designed specifically for Environmental Consulting and Engineering firms.
