"We've qualified for a huge tax credit by capturing our research and development (R&D) hours. The tax law in California has requirements about tracking R&D hours and – if they meet certain criteria – the company qualifies for a tax credit. With Project Insight, we're able to gather all the data on the hours that are being worked on for R&D projects, submit them, and receive a significant tax break."
- Manager of Program Management
Why PI®
ICU Medical's program management team needed a solution that would:
- Enable time tracking and resource allocation
- Provide a central place for visibility into all projects, company-wide
- Be web accessible and easy to learn
- Automate many of the tasks involved in project management
Outcome
ICU Medical was pleased with all Project Insight had to offer and now uses PI for all its R&D and program management projects. PI has given ICU Medical a foundation for building their project selection and approval process.
- User friendly and web-accessible
- Ability to customize things, tweak, and modify
- Provides broad and deep visibility into the full spectrum of company projects
- Automates many repetitive project management and reporting tasks
- Enables resource allocation
- Detailed time tracking
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SureCom gave up a cumbersome process with Excel for PI's centralized platform capable of giving them a real-time overview of project status, resources, costs, and reporting.
ThedaCare streamlined their process for managing projects and increased their user adoption exponentially.
ICU Medical earned a huge tax credit when PI showed them how to monitor and report on all of their R&D projects more effectively.