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What ROI can you expect by using Mastt on your projects?
We've compiled clients' feedback on their actual time savings below.
This is from over $25bn+ of works programs being managed with Mastt.
100% time savings / save 16 hours one-off
Mastt is a turn key solution and the set up of Project Controls in spreadsheets for managing finances, cash flow, risk and more is no longer required.
57% time savings / save 8 to 16 hours per month
Mastt automatically prepares PDF and excel annexures, tables and data visualizations for insertion to the monthly report, including actual/forecast spends, risk provision management, risk registers, variation registers and project cost plans.
Expect to save your Data Analyst 8 hours a month
Preparing charts and visualizations in complex multi dimensional views is hard in spreadsheets. Mastt automates charts and drill down analysis on finances, variations, categorizations and more so you don't have to.
2 days faster
On average, teams draft, iterate and procure reports faster with Mastt. With preparation time reduced, reports can be delivered current and on-time.
30 days saving
Rather than wait until the end of the month for a report, get a live financial, risk and reporting snapshot directly from Mastt's Dashboards.
50% time savings / save 2 hours per month
Mastt provides a significant increase in capability with respect to the management, tracking and reporting of risks in accordance with the E&IG Risk Management framework. Mastt is the only risk system globally that integrates with costs, automatically feeding financial risk provisions into cost planning and forecasting within Mastt’s cost module. Save time updating risk registers, presenting risk.
2 x Faster
Discussing risk management in workshops or meetings for hours on end is unlikely to inspire stakeholders. Instead, a more collaborative and constructive method should be taken. Mastt data visualizations ensure the risk register drives the insights that matter most to show senior stakeholders the benefits of a well-managed risk register in Mastt.
50% time savings / save 8 hours per month
Mastt provides a solution for financial management and reporting including all aspects of budgeting, project contracts, claim management, forecasting, reimbursable contracts, cash flow and trend analysis. Enter data once and have it reflected across the system.
75% time savings / save 1 hour per month
Mastt manages progress claim compliance and preparation of artefacts to support Payment Certification, saving time managing this information in spreadsheets and documents.
50% time savings / save 8 hours per month
Mastt automatically generates the Monthly Review Excel sheet in support of Defence reporting. With Mastt, CFI no longer has to populate this sheet, and instead can download the spreadsheet automatically from Mastt.
save 38 hours one-off
Kicking off a program? Save a week's work and adopt one of Mastt's Program Management Support Plans so you don't have to reinvent the wheel on your program governance, methodology, processes and procedures.
8 hours
Mastt automatically rolls up projects into one or more programs.
100% time savings / save 16 hours one-off
Mastt is a turn-key solution and the setup of program templates in spreadsheets for managing finances, cash flow, risk and more is no longer required.
57% time savings / save 16 to 24 hours per month
Mastt automatically prepares PDF and Excel annexures, tables and data visualizations for insertion to the program monthly report, including actual/forecast spends, risk provision management, risk registers, variation registers and project cost plans. No information is removed from Mastt or double-handled, and no spreadsheets or documents are extracted and re-entered.
save 1 hour of handling per project on your program
Mastt saves a significant amount of time for program offices in automating reporting and roll-up of information and reduced time spent on data entry. Mastt data is captured through smart forms with built-in validation to clean and receive data only once in the system and provide a global update. Mastt data is rolled up into projects, programs, portfolios, regions, electorates and more in real-time thanks to Mastt’s in-house cloud solutions architects and software developers who have produced bespoke software and efficient database queries.
expect to save your Program Data Analyst 8 hours a month
Preparing charts and visualizations in complex multi-dimensional views is hard in spreadsheets. Mastt automates charts and drill down analysis on finances, variations, categorizations and more so you don't have to spend weeks or months populating spreadsheets.
5+ days faster
Program offices draft, iterate and procure reports faster with Mastt. Program offices no longer have to wait for Projects to submit data, with real-time live access to project risk, cost and time reporting. With lead and preparation time reduced, reports can be delivered current and on time.
30 days saving
Rather than waiting until the end of the month for a report, get a live financial, risk and reporting snapshot directly from Mastt's Dashboards.
save 8 hours per month
Mastt project risks are standardized and aggregated to save significant time in the program office compiling program-level risk analysis. Preparing charts and visualizations in complex multi-dimensional views is hard in spreadsheets. Mastt automates charts and drill down analysis on finances, variations, categorizations and more so you don't have to.
2 x Faster
Discussing risk management in workshops or meetings for hours on end is unlikely to inspire stakeholders. Instead, a more collaborative and constructive method should be taken. Mastt data visualizations ensure the risk register drives the insights that matter most to show senior stakeholders the benefits of a well-managed risk register in Mastt.
50% time savings / save 8 hours per month
Mastt provides a solution for financial management and reporting including all aspects of budgeting, project contracts, claim management, forecasting, reimbursable contracts, cash flow and trend analysis. Enter data once and have it reflected across the system.
75% time savings / save 1 hour per month
Mastt manages progress claim compliance and preparation of artifacts to support Payment Certification, saving time managing this information in spreadsheets and documents.
50% time savings / save 8 hours per month
Mastt automatically generates the Monthly Review Excel sheets in support of Defence reporting. With Mastt, CFI no longer has to populate this sheet, and instead can download the spreadsheet automatically from Mastt.
2% of capital unlocked
Mastt's real-time and transparent solution enables visibility over financial scope, risk provisions, contracts and more by PMCA and CFI, enabling effective decision-making on capital reallocation and risk provision management with confidence.
>20% improvements in cash flow accuracy
Mastt's real time and transparent solution enables visibility at a granular level over historical and forecast cash flows, enabling effective collaboration on cash allocation and payment lead times. With Mastt, no data is lost or forgotten as all ledgers are integrated ensuring the cash flow picks up all known costs. With cash flow data no longer hidden behind complicated formulas, projects are experiencing cash flow accuracy improvements of order 20%.
proactive, rather than reactive
Rather than wait until the claims are received, know in advance which claims you need to proactively seek out and chase before month end to ensure your project hits their spend.
Improves teams' ability to communicate in a single platform and to client communication. No data is hidden behind complicated formulas as all rows can be 'drilled’ into or ‘unraveled’ in the same screen to reveal the true state of the data and give immediate answers to the viewer, rather than following complicated formulas in spreadsheets and documents
2 hours per project
Save time performing project reviews and audits, with real-time access to the single source of truth so program managers can get answers quickly without bothering projects. Mastt is transparent in its ability for PMCA and CFI to operate in such a way that it is easy for each other to see information and actions, with the ability to interrogate that information to find answers and build collective knowledge
1 hour per month per project
Mastt templates the program's stages/gates/milestones onto each project to ensure capture of project start, baseline, planned and actual dates for powerful program aggregation. Program schedule is automatically aggregated onto powerful program schedule views for completed visibility and one-click reporting.
2 hours
Mastt is a fully transparent and standardized system allowing any Mastt-trained user to operate across any project irrespective of prior knowledge. Time is saved to bring resources up to speed on new projects or dive into current projects to perform fixes or urgent updates in the absence of project-level users.
ad-hoc requests reduced by 50%
Working in a common data environment with all information transparent and accessible to all parties reduced back-and-forth RFI and question-answer situations freeing up time. Interpret and handle data electronically and in a standard format to increase efficiency, reduce errors and save time aggregating for direct reporting. Mastt is accessible by all parties via the cloud, logging into www.mastt.com.au on/off the DPN to view the same information anytime, anywhere.
Mastt provides for efficient allocation of resources inside projects and programs. Mastt’s system and training are standardized allowing users to move resources around confidently, knowing that users can start straight away in understanding project information in Mastt’s transparent and standardized system.
