AFA Burn List
Manage Margins WITHIN Workfront by Portfolio, Program, and Project
AtAppStore’s AFA (Approved, Forecast and Actuals) Burn List solution tracks Rates, Hours and Hour Costs at the Project level and rolls them up the Program, Portfolio, and Total level, in any currency, in real-time, right within Workfront. Business owners can filter for the projects of interest, set the desired level of hierarchical detail and choose a +/- Delta Cutoff to then visually highlight opportunities (green) and problems (red). By then identifying those levels of most interest (e.g. a Program that heading towards being over budget), they can drill down to see which Projects in particular need further attention. The AFA Burn List leverages native Workfront functionality, includes up to 8 hours to install, configure, and train, and is eligible for a paid trial so users can confirm its value against their own data. The AFA Burn List is designed to work in collaboration with the AFA Burn Report (licensed separately), which provides a similar functionality within projects, at the department, role, and user level.
TARGET CLIENT:
This is an ADVANCED solution for WORKFRONT SPONSORS who are committed to a Workfront-based business, invest at least USD$100K/yr on Workfront licenses, recognize Workfront has limitations holding them back, understand that additional solutions could help, acknowledging that extra costs will be required, and are prepared to invest funds, time and energy to judge such solutions value using ROI and then license, endorse, and improve it accordingly.
CLIENT USE CASE:
The phrase “you can’t do financials” has been the disappointing but standard response to those business owners seeking to manage and make decisions based on profit margins, rather than just hours. That is about to change.
CLIENT SOLUTION:
AtAppStore’s AFA Burn List
solution will allow our mutual clients to track financial margins on multi-currency projects in a drill down fashion at the portfolio, program, and project level. Our sponsor and mutual client Ross Allmark, VP of Transformations at Vice Media is extremely pleased with the results, asserting that “every professional services or marketing client needs this”, and predicting “Adobe will be coming to you for this one, Doug!” See our website for more details.
COMPETITIVE POSITION:
Most clients in need of this functionality currently resort to Excel, with disappointing results. Some might use Fusion and/or other external solutions, but NONE of those match our distinct competitive advantage of real-time margin calculations from directly within Workfront.