Wednesday, September 2, 2009

Timesheet and Time Tracking Software

Are you getting into the habit of keeping paper based attendance records for your employees? Does your law firm manually tally time sheets each month? Is your firm struggling with the complex regulations related to payroll and overtime? Things have changed and now you can do a lot of things using a timesheet and time tracking software. In fact, you can now keep track of all your billable hours, project costs, and project time among others. This is all been made possible due to the availability, flexibility, and accessibility of a timesheet and time tracking software.

There are several features that you can take advantage of in a timesheet and time tracking software. One of the best features of a timesheet and time tracking software is that you will be able to derive thorough time tracking using one of the most intuitive interfaces. The interface is user friendly and this makes time entry easy to do. In fact, you can even enter the time using internet from just about anywhere and any point. If you are traveling from San Francisco to Barcelona then you can update the timesheet or make corrections sitting in San Francisco as well as Barcelona. You will even have the luxury of pre-populating various tasks for time entry. You will also have the flexibility of entering time using offline timesheets in case internet is unavailable.

The second most important feature is the flexibility of managing various projects. You will have the necessary access for setting up multi-level projects as well as tasks with an estimated cost as well as a timeline. You can even assign different users for each of the projects and have the luxury of viewing real-time estimate every time a user enters their time. There is another feature or functionality that will enable you to compare time as well as the overall cost estimates and provide you with actual numbers through at-a-glance reporting.

The third important functionality is the capability of the time tracking software to manage billing. You will be able to base rates on various tasks, projects, resources, roles, clients, employees, attorneys, users, and even departments. You will be able to set a default user rate when you want to bill employee time against any of the projects completed by the employee or attorney. You can even set the billing rates in several or multiple currencies like USD, GBP, EURO etc.

The fourth important functionality of a timesheet and time tracking software is that it offers comprehensive reporting. Some of the other functions include:

• You will be able to take advantage of real-time visibility and this comes along with several standard as well as configurable reports
• You will be able to configure reports using a customized report writing tool
• You will be able to view several different reports in the formats you choose and this includes graphs and tables
• You can save all the reports or even share them after converting the reports into a PDF format file or even an Excel sheet

The bottom line is that a timesheet and time tracking software is a perfect tool for businesses and organizations who need to keep a tab on their projects, employees, and work.


For further information please visit:

http://www.timesolv.com

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