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Software for Professional Services

Software for Professional Services. Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting. How much time do your people spend on administration?. How much time do your people spend on administration?.

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Software for Professional Services

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  1. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting

  2. How much time do your people spend on administration?

  3. How much time do your people spend on administration?

  4. How much time do your people spend on administration? Are you over-servicing your clients?

  5. Are you over-servicing your clients?

  6. Are you over-servicing your clients?

  7. Can you bill all the time that you’ve spent?

  8. Do you know which projects are losing you money? Can you bill all the time that you’ve spent?

  9. Do you know which projects are losing you money?

  10. Can you bill all the time that you’ve spent? How much time do your people spend on administration? Are you over-servicing your clients? How well do your budgets reflect reality? Can you measure your work in progress and its value? Do you know which projects are losing you money? Have you billed all your rechargeable expenses?

  11. Most can’t answer them easily. Many services organisations can’t answer these questions.

  12. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting It’s your timeMake the most of it

  13. Sectors • Accountants • Consultants • Oil&Gas Exploration • Charity Disbursement • Financial Services • Surveyors • Advertising • Law Offices • Public Relations • IT Services • Software Development • Engineering • Architects • Auditing • Payroll Services • Construction Project Management

  14. Have you billed all your rechargeable expenses?

  15. How much are you paying for inefficient processes? Have you billed all your rechargeable expenses?

  16. How much are you paying for inefficient processes?

  17. Do you know who are your best clients and your most profitable employees and activities?

  18. How much time do your people spend on administration? Can you bill all the time that you’ve spent? How well do your budgets reflect reality? Are you over-servicing your clients? Do you know which projects are losing you money? How much are you paying for inefficient processes? Can you measure your work in progress and its value? Do you know who are your best clients and your most profitable employees and activities? Have you billed all your rechargeable expenses?

  19. Many services organisations can’t answer these questions. Most can’t answer them easily.

  20. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting It’s your timeMake the most of it

  21. Integrated software solutions have been commonplace in manufacturing and distribution for decades. Professional Services Automation brings a comparable level of integration to the Professional Services Organisation

  22. time@work provides a complete solution for the management of professional services

  23. Timesheet Entry and Authorisation Expense Form Entry, Authorisation and Review Reporting Employee Allocations Project Manager Approvals All Browser Based

  24. …from time and expense entry, and billing, to resource planning and in-depth financial analysis

  25. Optional Analytical Entry (up to 20 dimensions) Selection by Project Time Entry in chosen units Optional Status Entry Optional Notes Entry Optional Task Entry Unlimited Timesheet Types with the right data capture fields for each Employee and Project Timesheet Entry

  26. Configurable value entry fields and calculations Selection by Project Explanatory Notes Expense Type Transaction Date Up tp 20 Analytical fields - used here for VAT Optional Currency Codes Unlimited Expense Form Types: Domestic and Foreign Currency Advances Credit Card Statements Expense Form Entry

  27. Invoicing: Time and Materials Advance Milestone % Complete Fixed Price

  28. ‘People and time are critical elements in any project, therefore the ability to allocate the correct level and skill of human resources, as well as analysing information that enables managers to keep tight control on the work content – and, therefore, all relevant costs over the total period of the project are vital.’ - Butler Group

  29. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting It’s your timeMake the most of it

  30. Sectors • Accountants • Consultants • Oil&Gas Exploration • Charity Disbursement • Financial Services • Surveyors • Advertising • Law Offices • Public Relations • IT Services • Software Development • Engineering • Architects • Auditing • Payroll Services • Construction Project Management

  31. Key Modules • Time & Expense Recording • Billing • Project Management • Management Information • Resource Planning • Accounting

  32. time@work Users Key Features • Budgeting • Resource Allocation • Time Sheet Entry • Expense Entry • Billing • Project Management • Approval • Report Generation • Easy to Deploy – Easy to use

  33. time@work Users Technology • MS SQL • VB.Net ASP.Net • IIS • Crystal Decisions Crystal Reports

  34. “We need to keep a close eye on the time we spend on each project to ensure that costs are kept low. time@work, with its multi-lingual, multi-company, multi-national functionality enables us to do just that, whatever the location and currency.” Ilonka Alexandrova, Regional Finance Director of the Open Society Institute Network

  35. time@work Users Key Features • Multi Company • Multi Language (Unicode) • Multi Currency

  36. Benefits “We’ve seen a very quick payback just in terms of reducing the outstanding balance of unbilled expenses. This system enables people to take a more active interest in the profitability of their projects.” Jonathan Hedges – Financial Controller – KBC Advanced Technologies • Revenue • Accurate time and expenses • Increased utilisation • Correct pricing

  37. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting It’s your timeMake the most of it

  38. time@work Users Benefits • Cost • Reduced administration • Reduced double entry • Automatic transfer to finance and payroll

  39. time@work Users Benefits “The time it takes for accounting to produce an invoice schedule has gone from 1 week to 1 day. It used to take a week to print invoices from the schedule, check and approve them - time@work has improved this by 4 days. Erick Gillier – Accounting & Consulting Manager - Mazars • Cash Flow • Faster billing

  40. time@work Users Benefits • Control • Analytical reporting • Profitability • Project Risk

  41. time@work Users Benefits “We needed an integrated solution that would be easy … to use and which would provide us with sophisticated multi-currency capabilities, and our customers and ourselves with up to date information on billings, work in progress and utilization.” Stefan Jacyno – Managing Partner – Wardynski • Client Relationships • Keep your clients informed • Client approval workflow

  42. Software for Professional Services Time & Expense Recording Billing • Project Management Management Information Resource Planning • Accounting It’s your timeMake the most of it

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