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

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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?. - PowerPoint PPT Presentation

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Page 1: Software for Professional Services

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting

Page 2: Software for Professional Services

How much time

do your people

spend on

administration?

Page 3: Software for Professional Services

How much time

do your people

spend on

administration?

Page 4: Software for Professional Services

Are you

over-servicing

your clients?

How much time

do your people

spend on

administration?

Page 5: Software for Professional Services

Are you

over-servicing

your clients?

Page 6: Software for Professional Services

Are you

over-servicing

your clients?

Page 7: Software for Professional Services
Page 8: Software for Professional Services

Can you bill all

the time that

you’ve spent?

Page 9: Software for Professional Services

Can you bill all

the time that

you’ve spent?

Do you know

which projects

are losing you

money?

Page 10: Software for Professional Services

Do you know

which projects

are losing you

money?

Page 11: Software for Professional Services

Can you bill all the time that

you’ve spent?

Do you know which projects are

losing you money?

Are you over-servicing

your clients?

How much time do your people

spend on administration?

Can you measure your work in

progress and its value?

Have you billed all your

rechargeable expenses?

How well do your budgets

reflect reality?

Page 12: Software for Professional Services

Many services

organisations

can’t answer

these questions.

Most can’t answer

them easily.

Page 13: Software for Professional Services

It’s your timeMake the most of it

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting

Page 14: Software for Professional Services

• Public Relations

• IT Services

• Software Development

• Engineering

• Architects

• Auditing

• Payroll Services

• Construction Project Management

• Accountants

• Consultants

• Oil&Gas Exploration

• Charity Disbursement

• Financial Services

• Surveyors

• Advertising

• Law Offices

Sectors

Page 15: Software for Professional Services

Have you billed all

your rechargeable

expenses?

Page 16: Software for Professional Services

How much are

you paying for

inefficient

processes?

Have you billed all

your rechargeable

expenses?

Page 17: Software for Professional Services

How much are

you paying for

inefficient

processes?

Page 18: Software for Professional Services
Page 19: Software for Professional Services

Do you know who

are your best

clients and your

most profitable

employees and

activities?

Page 20: Software for Professional Services

Can you bill all the time that

you’ve spent?

Do you know which projects are

losing you money?

Are you over-servicing

your clients?

How much time do your people

spend on administration?

Can you measure your work in

progress and its value?

Have you billed all your

rechargeable expenses?

How well do your budgets

reflect reality?

How much are you paying for

inefficient processes?

Do you know who are your best

clients and your most profitable

employees and activities?

Page 21: Software for Professional Services

Most can’t answer

them easily.

Many services

organisations

can’t answer

these questions.

Page 22: Software for Professional Services

It’s your timeMake the most of it

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting

Page 23: Software for Professional Services

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

Page 24: Software for Professional Services

time@work provides

a complete solution

for the management

of professional

services

Page 25: Software for Professional Services
Page 26: Software for Professional Services

Timesheet Entry and Authorisation

Expense Form Entry, Authorisation and Review

Reporting

Project Manager Approvals

Employee Allocations

All Browser Based

Page 27: Software for Professional Services

…from time and

expense entry, and

billing, to resource

planning and in-depth

financial analysis

Page 28: Software for Professional Services
Page 29: Software for Professional Services

Selection by Project

Optional Task Entry

Optional Analytical Entry (up to 20 dimensions)

Optional Status Entry

Time Entry in chosen units

Optional Notes Entry

Unlimited Timesheet Types with the right data capture fields for each Employee and Project

Timesheet Entry

Page 30: Software for Professional Services

Expense Form Entry

Selection by Project

Transaction Date

Expense Type

Up tp 20 Analytical fields - used here for VAT

Configurable value entry fields and calculations

Optional Currency Codes

Explanatory Notes

Unlimited Expense Form Types:Domestic and Foreign Currency

AdvancesCredit Card Statements

Page 31: Software for Professional Services

Invoicing:

Time and MaterialsAdvanceMilestone

% CompleteFixed Price

Page 32: Software for Professional Services

‘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

Page 33: Software for Professional Services

It’s your timeMake the most of it

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting

Page 34: Software for Professional Services

• Public Relations

• IT Services

• Software Development

• Engineering

• Architects

• Auditing

• Payroll Services

• Construction Project Management

• Accountants

• Consultants

• Oil&Gas Exploration

• Charity Disbursement

• Financial Services

• Surveyors

• Advertising

• Law Offices

Sectors

Page 35: Software for Professional Services

Key Modules

•Time & Expense Recording

•Billing

•Project Management

•Management Information

•Resource Planning

•Accounting

Page 36: Software for Professional Services

Key Features

•Budgeting

•Resource Allocation

•Time Sheet Entry

•Expense Entry

•Billing

•Project Management

•Approval

•Report Generation

•Easy to Deploy – Easy to use

time@work Users

Page 37: Software for Professional Services

•MS SQL

•VB.Net ASP.Net

• IIS

•Crystal Decisions Crystal Reports

Technologytime@work Users

Page 38: Software for Professional Services

“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

Page 39: Software for Professional Services

Key Features

• Multi Company

• Multi Language (Unicode)

• Multi Currency

time@work Users

Page 40: Software for Professional Services

“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

Benefits

Page 41: Software for Professional Services

It’s your timeMake the most of it

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting

Page 42: Software for Professional Services

• Cost– Reduced administration

– Reduced double entry

– Automatic transfer to finance and payroll

Benefits time@work Users

Page 43: Software for Professional Services

“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

Benefits time@work Users

Page 44: Software for Professional Services

• Control– Analytical reporting

– Profitability

– Project Risk

Benefits time@work Users

Page 45: Software for Professional Services

• Client Relationships– Keep your clients informed

– Client approval workflow

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

time@work Users

Page 46: Software for Professional Services

It’s your timeMake the most of it

Software for Professional Services

Time & Expense RecordingBilling • Project Management

Management InformationResource Planning • Accounting