Financial Manager is now available independent of Timesheets

Financial Manager can now use native Jira worklogs in the same way it traditionally used Timesheets worklog data – meaning it is now an independent tool. That means new possibilities and options for teams that want to understand their costs and profitability without additional setup.

Financial Manager enables you to get real-time views of your costs, budgets, and profits that can be shared throughout your entire organization. That means reports on CapEx vs. OpEx, real-time revenue projections, and reports on billable vs. non-billable time – now coming directly from your Jira instance.

For the eagle-eyes fans out there, this also means Financial Manager will no longer be known as just Financial Manager – not Financial Manager for Timesheets

Key info:

• Direct connection to Jira: You can now use the worklog data your teams are already entering into Jira with Financial Manager – no extra configuration needed.

• Faster time-to-value: Start tracking project costs and financial performance immediately within Jira.

• Flexible cost tracking: Assign hourly rates and calculate project costs directly from your Jira worklogs.

• Actionable insights: Understand how time translates into costs and margins, enabling better project and portfolio decisions.

However, as some aspects of Financial Manager are directly tied to Timesheets, there will still be benefits to having both tools. Features such as project time approvals, Tempo teams, projections, and planned reports and exports are made available through direct access to Timesheets information, and will only be accessible to those with both tools.