BQE Software - BQE Core
Company: BQE Software, Torrance, CA
Company Description: BQE Software develops innovative practice management software for professional services firms. Its products centralize and streamline the way firms enter and use information for time tracking, billing, project management, and accounting. With over 400,000 users worldwide, BQE Software is trusted by leading architects, engineers, accountants, attorneys, IT specialists, and business consultants.
Nomination Category: New Product & Service Categories - Software
Nomination Sub Category: New Product or Service of the Year - Software - Cloud Application/Service
Nomination Title: BQE Core
Tell the story about this nominated product or service (up to 650 words). Describe its function, features, benefits, and performance to date:
Launched in July 2017, BQE Core is an innovative, cloud-based project accounting solution designed specifically for professional services firms, including architects, engineers, accountants, consultants, and attorneys. By combining project management, time and expense tracking, billing, accounting, and business intelligence on one platform, Core streamlines work processes, dramatically reduces data entry, and increases profitability. Each of Core’s modules is impressive in its own right, but their benefits exponentially grow when combined.
Core’s project management functions include Gantt charts, powerful job costing, forecasting, and allocation capabilities in addition to impressive real-time analytics. Users are able to instantly understand the health of their projects and effectively manage their resources.
The time and expense module, meanwhile, offers an intuitive interface and flexible options suited to the different ways in which users work. Users can also take advantage of automations like visit tracking in Core’s mobile app: The app will track their work-related trips to locations like client offices or project sites, and automatically create time entries for them.
Core’s billing features are versatile enough for virtually any contract users have. The whole invoicing life cycle is accelerated by the data flow from other areas of the program. Moreover, Core’s automatic billing feature significantly diminishes the time it takes to create invoices. The Core mobile app also allows users to generate and send invoices right from their smartphones.
The comprehensive accounting module handles all financial transactions with ease. It offers full A/R and A/P in addition to in-depth reporting. The most notable feature, though, is its automated bank feeds, which connect to banks and utilities all over the world and enable users to reconcile accounts in mere seconds.
Core’s business intelligence is a game changer for professional services firms. Its offerings include robust dashboards, performance screens, and reports. The dashboards are fully customizable, allowing users to choose the exact information they need from among over 30 widgets. Core also has specialized performance screens for clients, employees, projects, and vendors. These display valuable insights in real-time. Additionally, Core’s wide array of reports are straightforward to generate, customize, and share. Users enjoy report scheduling, which lets them choose reports to be automatically generated and delivered to stakeholders.
It’s essential to take note of Core’s mobile app—available for iOS and Android—which is the most wide-ranging and powerful of its kind. Users can not only track time and expenses, but can also check in on performance metrics, create and send invoices and reports, pay vendor bills, manage employees and clients, and much more.
Core also offers integrations with popular accounting and storage solutions such as QuickBooks Online, Xero, MYOB AccountRight, Google Drive, Amazon Web Services, and Dropbox. Thanks to its API-based structure, new integrations are being added all the time.
The pricing structure for Core is as innovative as the software itself. Instead of paying for capabilities that certain users will never need, firms only subscribe to licenses for the features they want. This pay-only-for-what-you-need pricing plan means that businesses will never waste money or find themselves shut out of certain modules.
In summary, Core is a best-in-class cloud project accounting platform that is shifting the lives of its users. This centralized solution’s time-saving automations, mobile capabilities, and impactful insights cut down on repetitive tasks and offer the information that businesses need to enhance efficiency and profits.
In bullet-list form, briefly summarize up to ten (10) of the chief features and benefits of the nominated product or service.
-Automation - Automations and information flows reduce data entry, save time, and make user experience intuitive.
-Business Intelligence - Dashboards, performance screens, and reports give insights to users that allow them to pinpoint successes and weak spots.
-Project Management - Core provides instant answers to project- and performance-related questions and helps maximize resources.
-Time and Expense Tracking - Time and expense tracking is straightforward, flexible and intuitive.
-Billing - Core’s billing module includes automated billing, batch invoicing, and a wide array of contract types and billing methods.
-Accounting - The accounting module is a comprehensive solution for all of a firm’s financials, and enables users to reconcile accounts in seconds.
-Mobile Apps - Apps for iOS and Android offer impressive billing, project management, analytics, reporting, time and expense, and workflow functions.
-Integrations - Core connects with popular software including QuickBooks Online, Xero, Dropbox, and more, minimizing data entry.