Magnetic vs. Planview ChangePoint

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Magnetic
Score 0.0 out of 10
Small Businesses (1-50 employees)
Magnetic is a workflow management platform designed and built for professional services firms. It combines essential project management capabilities into a single system: account management, business development, task management, project management, project finances, time tracking, billing, HR management and resource scheduling. Magnetic is designed to help businesses waste less time, manage projects smarter, and deliver on time and within budget. The system offers a bird’s eye…
$0
Planview ChangePoint
Score 7.5 out of 10
N/A
Planview Changepoint is a platform that marries professional services automation (PSA), project portfolio management (PPM) and business analytics to provide managers broad operational visibility and control over their strategic business portfolios.N/A
Pricing
MagneticPlanview ChangePoint
Editions & Modules
Solo
$0
Essentials
$10
per month per user
Pro
$22
per month per user
Enterprise
Contact Sales
No answers on this topic
Offerings
Pricing Offerings
MagneticPlanview ChangePoint
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details20% discount available for annual billing.
More Pricing Information
Community Pulse
MagneticPlanview ChangePoint
Best Alternatives
MagneticPlanview ChangePoint
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Medium-sized Companies
Teamwork.com
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Enterprises
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Score 7.4 out of 10
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User Ratings
MagneticPlanview ChangePoint
Likelihood to Recommend
-
(0 ratings)
7.5
(0 ratings)
Likelihood to Renew
-
(0 ratings)
7.6
(0 ratings)
Usability
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
MagneticPlanview ChangePoint
Likelihood to Recommend
No answers on this topic
Changepoint is well-suited for consulting firms and other companies that charge clients for their time and have a need for significant project-management capabilities along with reporting and invoicing. It is not well-suited for companies that want a more basic solution to time reporting and expense reimbursement. The key questions to ask during the selection process revolve around this basic question: how are you going to use this software? Though it has a lot of functionality, the learning curve is steep and basic functionality is not as easy as one would expect.
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Pros
No answers on this topic
  • There are lots of reporting options. Once you figure out how to work the parameters of a report, the system is able to provide detailed and accurate compilations of data. There are also many custom reports than can be setup, as well. In my experience, we have told Changepoint PSA administrators what kind of report we were needed and they set it up for us, available in a 'custom reports' folder.
  • You can have several things open at once -- 'portals'. These are up at the top of the screen, much like how Google Chrome has tabs at the top. This is useful.
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Cons
No answers on this topic
  • The site could become slow with high volumes of traffic. This may have been due to the way that our infrastructure was setup.
  • Analytic reporting was not available in the version that we used. We created external reports to slice and dice the data and view it as the business demanded.
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Likelihood to Renew
No answers on this topic
Sometimes the decision to renew boils down to an old adage "if it isn't broken don't fix it". Previous to moving to Changepoint, it was obvious that we needed a better project management tool. Projects we completed on time but the time zone difference between the teams and several iterations of back and forth caused a number of communication issues with projects. The difference is night and day.
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Usability
No answers on this topic
It could be more intuitive and user friendly.
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Alternatives Considered
No answers on this topic
The system predates me as I was not working for the company when the solution was chosen - I understand this may have been an 'overpromise, underdeliver' scenario. However, we are now moving towards replacing it with Supportworks - and having seen Supportworks in action I genuinely cannot wait to switch from Changepoint and move on...
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Return on Investment
No answers on this topic
  • Our ability to maintain a global IS Scorecard helped us to maintain a focus on completing projects on time and within budget.
  • Having a single instance of Changepoint with projects aligned to specific portfolios helps senior management to maintain a focus on the investment of IS resources. It is foundational to our governance processes.
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ScreenShots

Magnetic Screenshots

Screenshot of the Project Dashboard, which is logically divided into 3 sections:

Budget
For tracking how a project is performing against what was agreed upon with the client, as well as key KPI’s such as Net Margin and Gross Margin.

Scheduling
Magnetic will predict if a project is going over- or underservice. Through key metrics such as Estimate to Complete and Estimate at Complete, Magentic helps users to understand if a project is going to be on or off track.

Financials
Displays projects’ financial performance through key financial indicators such as Actual Net/Gross Margin, un-billable work and supplier purchases.Screenshot of the navigable Resource Capacity dashboard in Magnetic, where users can apply filters based on department, position, or line manager. It provides instant visibility into available capacity, booked capacity across billable and non-billable work, opportunities, and leave time.Screenshot of the profitability dashboard financial tool, that offers a concise and real-time overview of a company's financial performance. It consolidates key metrics, providing a snapshot of revenue, costs, and profit margins. Customizable filters and dynamic charts enable stakeholders to analyze specific aspects of any business, fostering informed decision-making.Screenshot of Magnetic's comprehensive dashboard, providing tools to monitor and manage client engagements.

This helps users to stay informed and in control through Magnetic's interface, using valuable insights into a projects and client relationships for improved efficiency and client satisfaction.Screenshot of Magnetic's Revenue Forecast, used to monitor billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic helps to drive informed decisions.Screenshot of customisable templates used to create precise cost estimates and time plans. This helps to ensure accurate client quotes and allocate tasks with optimal timings, maximising productivity and project success.

Planview ChangePoint Screenshots

Screenshot of End-to-end view to drive financially successful customer-facing projects.Screenshot of A flexible approach to tracking elaborate contractual terms and conditions.Screenshot of Quote-to-cash success with structured processes.Screenshot of Build project rigor and standardization for services delivery.Screenshot of Improve resource utilization on the work that best meets the needs of customers.Screenshot of Ensure process adherence to drive financial success.