How can Time Cost Manager help you?
The software has been designed to help business people on three levels of enquiry and use. The first level is the operational level which is day-to-day use for accurate recording of job and cost information. The second managerial level is to provide managers with accurate and timely information so they can make decisions based on work flow and billing. The strategic or third level is to allow for a higher level of analysis regarding productivity, efficiency and cost recovery. This level allows for analysis of the varying types of work carried on by a business for the purpose of strategic planning. Examples of the operational, managerial and strategic levels of use are as follows.
Operational use:
- Recording of daily time sheets and retrieval of individual statements for each job.
- Recording and searching of job records to find specific job information.
- Searching of cost records to find past activities on any particular day.
Managerial use:
- Tracking work flow and billing using ‘jobs in progress’ report.
- Entering and tracking time line events for job scheduling purposes.
- Comparison of quotes with actual costs to ensure correct invoicing.
Strategic use:
- Analysis of staff and job productivity in varying disciplines.
- Analysis and comparison of job types regarding cost recovery.
- Analysis and comparison of clients, job sources, and offices.
TimeCost Manager is designed to have minimal impact on your existing procedures and practices and is not designed to take over your business. Time Cost Manager does what accounting software cannot do. It will assist you with a panoramic view of your business economics and ultimately increase productivity. The results are seen in the ability to identify viable jobs, accurately quote for future work and pin-point areas that drain time and resources.
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