Today, with the increasing competition and market challenges, every company has felt the need to optimize time and resources. Without a proper time & expense report and budget tracking software for managing the projects, the businesses have a risk of using inaccurate time and expense data to make budgeting & business decisions. Osource’s Time and Expense Management system (TimEx) allows complex, multi-location organizations to automate their time and expense record so as to track revenue leakage, assignment profit, client relationship, business volume etc.
TimEx allows you to create projects, jobs and assign budgets accordingly. Deploying of resources and tracking their utility becomes relatively easy. TimEx provides client with a real-time view of all billable work and spending. TimEx gives control, visibility and reporting which is required to avoid revenue leakages and escalating costs. TimEx takes care of the audits and work flow throughout the process to ensure right and approved spending.
The salient features of TimEx are listed below –
- Project/Job Creation & Resource Allocation
- Time Sheet Entry & Approval
- Expense Sheet Entry & Approval
- Billing & Collections
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