Chartsoft : Time Management







Friday 30th July 2010

 

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Welcome

Time

      is

        Money


Increase your Bank Balance by converting WIP and Debtors into Income

Maximise your time by:

  • Accurately recording timesheets for all personnel
  • Using data to control the practice
  • Reviewing income against forecast.
  • Monitoring chargeable and non-chargeable activities
  • Analysing data for future activities

Minimise time erosion by:

  • Indentifying potential income squandered through unrecorded work undertaken
  • Not allowing projects/activities to overrun undetected or unaddressed
  • Not permitting staff to spend excessive time on non-chargeable activities
  • Not ignoring trends or workflow fluctuations due to external influences

Profit from Return on Investment (ROI) in minimal time by:

  • Ensuring billing accurately reflects time worked by all personnel
  • Allocating and monitoring WIP in line with staff competence
  • Monitoring flexible time units, charge out rates and overrides
  • Controlling debtors
  • Fully utilising the SQL server for data storage and manipulation

        Effective Time Recording is achieved by:

  • Capturing data input by staff on work undertaken and the associated expenses
  • Automatically processing results against defined charge out rates
  • Accessing and updating the timesheets from any area within the integrated system
  • Recording all types of activities, ledger updates, emails, telephone call etc
  • Tracking any unplanned work undertaken by other teams for a particular client
  • Using this additional information for authorising additional billing
  • Prompting staff to update their timesheet prior to leaving work areas

        Confidentiality and Control is achieved by:

  • Password protecting access to the module ensuring staff can only update their own time record
  • Authorising line managers to review their teams work then agree and authorise it
  • Coordinating unplanned work between managers and their teams
  • Using either the default restrictions or customising them to suit your needs
  • Enabling managers to review timesheets and expenses per client, per employee or per team on one screen

        Refined work methodology is achieved by:

  • Analysing planned and unplanned work across teams
  • Providing an overview of projected income as well as providing the facility to compare the percentage of chargeable and non-chargeable hours
  • Comparing allocated hours versus time taken
  • Identifying training priorities to meet existing and future practice commitments

Akhtar & Co 11 Regent Place Rugby Warwickshire. CV21 2PJ. Tel: 01788 579449.
Registration Number 3267543 Registered Office 16 Bromleigh Drive Coventry. CV2 5LX.