What is Time Billing or Time Tracking Software?

Time billing software is used in billing clients for hours worked on specific assignments. The software allows consultants to acknowledge the time worked on a project in comparison to the budget. Consultants and marketing professionals use time billing and tracking software to remain in sync with their revolving projects. The software allows freedom to have a paperless office, unlimited access to its interface, and the correct hours billed.

Develop a Paperless Office

Time tracking software reduces the amount of paperwork involved in projects. Users enjoy the efficiency of internet hosted software by sending inquiries, contracts, and invoices online. With the advanced interfaces, consultants will have access to each accessory necessary for a successful practice. The reduction of paper helps its users conduct business on-the-road without leaving a paper trail regarding an assignment.

Keep Track of Tasks

Project milestones are important in the consulting industry. Clients expect consultants to generate reports based on their productivity. With a time tracking software available, the clients obtain a sense of security. Consultants use the software to connect with clients during working hours, inform them of updates, and request confirmations. Wi-Fi accessibility has increased consultant productivity throughout the world with TimeSolv. Now, consultants can access the databases outside of the office whether they are online or offline.

Bill the Right Hours

Consultants are busy conducting business and the ability to keep time is a bit frustrating. Time billing software informs the consultant of tasks completed. The information available keeps invoices intact with the correct hours worked, tasks completed, and price for services. Clients are concerned of billing hours because they are not present during consultant’s work. To ease the concerns, TimeSolvs allows consultants to work in remote locations while providing client’s the latest information regarding their projects.

Perfect for Consultants and Marketing Professionals

Legal professionals, IT consultants, and marketing professionals find this software the most effective in guiding clients through work processes. Time billing assures clients that their budget is well-spent on productive tasks. Without time billing or time tracking software, clients are unaware or curious of what consultants are doing. The automated reports confirm tasks, bills at the moment of completion, and updates automatically. No other software offers such high-tech features and ease of use than TimeSolv software. In the midst of project progress, a client can log into the interface to review reports the same time consultants are updating notifications.



Customizable Interfaces for Consultant Needs

With Timesolv time billing and tracking software, consultants and lawyers receive a customized interface for their needs. Integration capabilities enhance workflow processes by current upgrades of the time billing and tracking software.

Professionals have reduced the time needed to complete accountability tasks with TimeSolv technology. Improved time and project management, tracking, and billing improve a firm’s profitability through advanced interfaces created for each firm. Time billing and tracking efficiently is suited for a firm’s various clients and billing options without restraint.

New Feature – Require Task Code selection for time entries for improved billing process

As requested by TimeSolv customers, Task Code for time entries can now be made a required field. The main benefit is that it will streamline billing process by requiring less effort by the billing person to correct missing tasks.

Benefits

Previously, timekeepers would forget to select a task code while entering their time causing multiple issues at the billing process.

1- Billing person had to ensure that all timekeepers had selected a task. To correct the entries that were missing tasks, the billing person had to either make an educated guess or contact the timekeeper to update the entry with the missing task. This was even more important for LEDES bills, because task is a required field for electronic billing.

2- Some customers use task based billing rates. If a time entry is missing a task, the billing rate would default to hourly rates.

3- This is even more important for customers charging tax for services. Tax is calculated based on selection of taxable tasks. If a timekeeper did not select a task, it would cause the time entry to not be taxed.

Firm setting to make tasks required for time entries

Under Administration, click on Firm Settings, check Require Task Code Selection on the right side and save.