Professional Services Management
time@work enables professional services organizations to streamline processes such as timesheets, expenses, billing, planning, resource allocation, reporting, and accounting. It provides managers with tools for detailed analysis of KPIs such as utilization, realization, fee variance, activity variance, work in progress, and other useful data.
Main Benefits
- Accurate fee calculation
- Prompt invoicing
- Work in Progress visibility
- Project Profitability
- Utilization & Realization (% WIP to Revenue) tracking
- Variances against Forecast
- Timely KPIs
- Reduced administration
Key Features
- Timesheets and Attendance Forms
- Expenses
(Local, Foreign, Mileage and Allowances, Credit Card Statements) - Forms
(Absence Requests, Procurement Requests, etc.) - Invoicing
(Work in Progress, Ad-hoc, Milestone, Fixed Price, Scheduled) - Planning and Budgeting
(Annual Plans, Project Plans, Diaries) - Resource Planning, Allocation and Skills Database
- Reporting
(Crystal or Microsoft Reporting Services) - Multi-Company, Multi-Language, Multi-Currency
- Highly configurable multi-level fee and cost structures
(client, project, location, grade, role and activity based) - Simple or Sophisticated Approval Workflow
(document or project-based) - Interfaces to any accounting software
- Multi-device ready for desktop, tablet, or mobile
(systems@work App for iPhone and Android)
Petr Vykoukal
Finance Director
“DDB is an advertising agency that provides very diverse communication services to its clients. For some of them, but also for internal purposes, we need to understand the relationship between the time spent by our employees on projects (or by months) and the revenue we earn. To be able to assess this in real-time, we need not only quick reports but also detailed analysis. We have solved this thanks to time@work.”
Cristian Ene
Senior Business Consultant
time@work implementation: “When we recognised the need for better resource management in our company, we focused not only on finding a system that would ease data processing and allow automation, but also a solution that would give us the possibility to extract detailed reports. This was very important for us. Based on recommendations, we decided on time@work which has met all our expectations. The project was a great success as time@work is a flexible application and, thanks to LLP’s professional services, the implementation was smooth.”
Jonathan Hedges
Financial Controller
“There were three main reasons we selected the time@work solution. Firstly, our end-users and project managers preferred the more intuitive and easy to use interface of time@work. Secondly the variety of reporting options in time@work made me feel very confident that I would be able to deliver a high level of management information. Perhaps of most importance however, we felt the time@work team were clearly committed to providing a solution to KBC’s business needs rather than just a software package.”
Want to see how time@work can help you?
Contact us for access to the time@work demo.
