COR provides a project management solution that automates time tracking and offers data-driven insights to enhance project profitability and team efficiency. By enabling managers to optimize resource allocation and renegotiate client fees, COR helps agencies and professional services firms increase their year-over-year revenue by up to 37%.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Creative agencies, consulting firms, and professional services often struggle with inaccurate time tracking, leading to difficulties in predicting delivery times and identifying unprofitable projects. This lack of visibility into project performance hinders effective resource allocation and makes it challenging to renegotiate client fees based on accurate operational data. Many firms rely on multiple tools for project management, further complicating workflows and reducing overall team efficiency.
Solution
COR provides an integrated project management solution designed to automate time tracking and deliver data-driven insights, enabling firms to enhance project profitability and team efficiency. The platform offers real-time visibility into project performance, allowing managers to identify deviations between estimated and actual time, optimize resource allocation, and centralize project information. By providing detailed operational analysis and customized performance dashboards, COR empowers businesses to make informed decisions, renegotiate client fees with accurate data, and reduce rework. The system also includes access to quarterly business reviews with insights into operational performance compared to industry benchmarks.
Target Audience
COR primarily targets creative agencies, consulting firms, and professional services organizations seeking to improve project profitability, streamline operations, and enhance team efficiency.
Features
- Automated time tracking to accurately predict delivery times and identify time spent on rework
- Profitability analysis to identify profitable and unprofitable projects, services, or clients
- Resource management tools providing real-time knowledge of team capacity and performance
- Project management features to centralize information, files, and communication in one place
- Customizable performance dashboards by position to reassign talent and reduce employee overload
- Deviation tracking to visualize differences between estimated and actual time, broken down by client and fee
- Tools to visualize team billable hours and implement best practices to increase them
- Integration capabilities to simplify operations by connecting with other business tools