Function Point Software Review: Overview – Features – Pricing
Function Point is an integrated, web-based project management software for agencies and creative teams. It helps users gain visibility into projects and budgets so they can quickly gauge the health of their projects and enable them to become more efficient and productive, making the company profitable. It includes features such as resource management, financial management, business intelligence, custom reporting, and collaboration. Boost your agency’s productivity by applying project management to prioritize goals and maximize each team member’s contribution towards the agency’s overall success.
Features, Benefits, Product Strengths
- Project Management and Resource Management – Function Point project management software includes integrated project management tools that give users the insight they need to track quickly and accurately work that matters most. Task management tools enable them to assign jobs to help the team deliver on time. The built-in project brief tool streamlines how briefs are accepted, converted into actionable tasks, priced profitably, and monitored to stay in scope. Resource management tools allows teams to predict productivity and success, with planning insights linking rates and expenses to allocated resources. It shows when capacity plans are becoming constrained and when it’s time to hire new staff. Other features include integrated alerts, customizable timesheets, built-in time tracking, dynamic Gantt charts, and on-demand client portal.
- Financials Management and Reporting – The integrated web solution includes financial tools that help agencies manage finances across their business and save time. It has tools to manage rate cards and track time and expenses. Users can issue invoices individually or by batch and track payments with QuickBooks integration. Generate selective financial reports that show estimates and actuals for every task and project. Visual reports show profitability at a glance grouped by project, campaign, client, or overall. Easily monitor and manage agency expense including overhead and staff costs. Other features include timesheet summaries that can filter billable and non-billable hours, as well as customizable rates to timesheets.
- Business Intelligence, Collaboration, and more – Function Point has built-in business intelligence reporting that provides insights so agencies can make informed decisions. BI reporting allows users immediate access to core metrics from a single, centralized source. It promotes visibility such as through agency capacity planning, projected vs. actual margin, and staff efficiency reports. Customize reports like workforce planning or project profitability to core metrics that matter. Other tools include client portal for collaboration and native mobile apps for iOS and Android platforms.
Function Point offers several paid plans that can be paid monthly or annually. The Starter plan is priced at $45 per user per month billed annually ($50 per user month-by-month) for 5-9 users. The Standard plan is $40 per user per month billed annually for 10-29 users, and the Pro plan is at $38 per user per month billed annually for 30-49 users. An Enterprise plan for 50 and above users is also available. All plans include CRM, Briefs/Proposal Templates, Tasks, Mobile Time Tracking App, Gantt Charts, Resource Planning/Forecasting, Collaboration, Expenses and Invoicing, Business Intelligence, a dedicated Customer Success Manager, unlimited customer support, and options for product add-ons and professional service add-ons.
Social Network Presence
Function Point is ideal for advertising agencies and creative firms of all sizes. It is valuable to business owners and managers in charge of projects, new business, traffic, accounting, client services, and creative staff. Teams and organizations that need to manage clients and projects, track time and expenses, delegate tasks, and communicate with team members on a project basis will derive great value in using the solution.
Supports English and French.
Some of their Clients
Clients include BRINK, Red Rocket, PHCP, Argyle PR, McOuat Partnership, DHD Films, and Veugeler Design Group.
Jeff Hawley stated that Function Point has become integral in ensuring their company’s transition to a remote work environment. They are able to meet all job deadlines and know each one’s workload. The PM software helps provide real-time information to ensure that budget is not exceeded.
Christy Sevier stated that Function Point gives their team a uniform and consistent method of completing projects while offering the flexibility for each person to work in their own unique way. With the software, they are able to customize a large number of descriptors and add many custom field options. It provided an automated system to streamline their business processes, particularly those that offer custom-built scenarios, which was a priority for the company.
Why Function Point
Function Point provides an integrated business solution that efficiently eliminates the need to use additional apps for other important business processes such as time tracking, invoicing, and analytics. Task details and project data are all connected and associated to other important functions, eliminating the need for double entry of data. Furthermore, it allows for real-time collaboration among the team and with clients for quick feedback and efficient workflows. It has been recognized as an all-in-one solution that helps companies improve business performance. To date, it is helping over 9,000 customers worldwide improve their efficiency and increase their profitability.
Function Point Productivity Software, Inc., is a privately-held software company based in Vancouver, BC, Canada. It was founded by Chris Wilson in 1997. Function Point started as a platform that automates pricing calculations, but developed into an award-winning, all-in-one web project management solution. The company continues with its mission of developing their online project management solution that empowers customers to quickly gauge the health of their projects and consistently deliver client work on time and on budget.