Execution Excellence in “Time and Labor management”
Improve Revenue
Ensure all time is entered and on-time to improve Revenue
Insight into time spent is important to keep track of the work performed by employees and to monitor the progress of your projects, which gives you insight into the ratio of hours worked and budgeted hours in order to keep an eye on profitability.
Avoid rework
Prevent incorrectly submitted Timecards
Previous
Next
Painpoints addressed
Risk and Compliance:
Insight into time spent is important to keep track of the work performed by employees and contractors.
Project Profitability:
Insight in the timecards entered by the project members and the timecards that are still missing to enable accurate and timely invoicing for projects. It is equally important to compare the hours worked with the budget so that the profitability of projects can be monitored.
Approval Cycle Time
Reduce Approval Cycle Time:
The Approval Cycle Time analysis for Timecards provides a comprehensive overview of the duration taken for timecards to be reviewed and approved. By examining this metric, organizations can gain insights into the efficiency and effectiveness of their approval processes. Delays in timecard approvals can impact payroll processing, employee satisfaction, and overall operational efficiency.