Skip to main content
Help Center

Process index · third axis

Cost control

↗ Process on www.teamspace.de/prozesse/

Start here · process guide

Cost control in teamspace

Keep costs and margin under control – not through software, but in layers: from goal and core question through measurable metrics to modelling in the tool. With maturity levels, a stocktake and the recommended path through teamspace.

Read the guide →

Key figures & metrics

Key figures for cost control

The most important cost metrics along the three perspectives margin, early warning and documents – what they say and whether and how teamspace delivers them.

The key steps

The recommended path through the process – step by step.

  1. 1

    Cost plan & rates

    Set up cost rates, commissions & ad-hoc reports

    The three adjustments outside the Controlling module: the internal cost rate in the HR portal, commission rates per category and automatic ad-hoc dispatch.

  2. 2

    Capture expenditure

    Record expenses & material

    Create an expense receipt, expense invoice and material – step by step, with payment method, gross/net logic and the link to the trip.

  3. 3

    Review & approve

    Incoming documents: purchase orders, expenses & incoming letters

    Manage purchase orders, incoming invoices and incoming letters – including creating an incoming invoice from an email, reviewing it, approving it and recording the outgoing payment.

  4. 4

    Planned/actual

    Project reports

    Project times, Project time analysis and Project analysis – what has been worked on in projects and how they stand financially.

  5. 5

    Contribution margin & traffic light

    Project controlling methods

    The mental model behind the figures: planned/actual comparison, earned value analysis, the traffic-light method, milestone trend analysis and contribution margin – and how teamspace implements them.

  6. 6

    Forecast & correct

    Financial reports

    Finance analysis, Invoicing analysis, Invoice line items, Future revenue, Post-calculation as well as Cost analysis and Cost items – what comes in and goes out.

All articles for this process (26)

Understand

How-tos

Set up & manage