Accounting for work performed and costs incurred on T& M projects is part of the unified management solution.
Timetta allows you to set up a catalog of rates and manage them at the client or project level.
Filling out timesheets, users specify at what role and rate the work should be billed, and once the timesheets are approved, the work can be recognized in a new invoice.
Billing estimation is set at the project level in the form of a payment calendar and individual transactions. Estimation by billing date and payment date is available.
Billing is directly related to the project’s revenue — it’s the income side of the project. Therefore, the estimation of revenue and billing is done in the same interface.
Fixing the baseline plan and updating it is implemented through project versions. A plan-fact analysis is available during project progress.
The accounting of work is done through timesheets. Billing rate is defined for a project role. If the user has more than one role on the project — he chooses the necessary one. Each time entry is supplemented with a comment, which can be added to the detail of the bill.
The cost accounting is done through requests. The special attribute «Paid» indicates that these expenses is pass-through.
Invoices allow you to bill provided hours and expenses incurred. Invoices add lines for approved T&M work, approved expense requests, and fixed cost project phases.
Comprehensive lifecycle management is implemented. The invoice can be downloaded in PDF format and sent immediately to the client.
The " Billing Overview» dashboard helps the billing manager not to miss a single billable hour and to control timely payment.
Analysis and control of billing is available through dashboards and reports.
The project card clearly shows the current estimate, plan and fact on billing and payment.
Billing managers work with the «Billing overview» dashboard, tracking hours and expenses not included in invoices, as well as payment.
Analytical analytical reports help to control and predict billing for a portfolio of projects as a whole.
Timetta is a ready-made solution for companies from various industries — consulting, IT integration, architecture, audit and marketing etc. Find out what business owners are saying about Timetta and how the product has changed the way they work.
All reviews
Blank Architects specializes in complex architectural projects. For us, time is a basic economic indicator. We have been using Timetta for over 2 years and can recommend the system as a reliable timekeeping tool and performance evaluation tool for project teams.
NMi Group Holding helps large federal brands promote themselves on the Internet, on TV radio and city banners. The company now employs more than 100 people. In a year of working with Timetta, we have optimized the team's working hours and relieved high-paying employees.
Dinord develops business solutions for the SAP platform. We have 60 people in our team. After the implementation of Timetta, each employee sees his own workload and can better plan his work schedule.
The service came to us at Func while we were thinking about our own accounting system development. And saved us from wasting thousands of internal hours. It's a great way to keep track of project portfolios. Analyze slices of important parameters, helps the project office keep its hand on the pulse.
More than 120 employees of the investment-consulting ALTHAUS Group successfully use Timetta for timekeeping. The company uses the system to evaluate employee efficiency and project margins.
Compared to Excel spreadsheets, it takes much less time to fill in timesheets and analyze them. We liked working with Timetta because of the system's convenience. We can safely recommend it to our colleagues from other companies.
The KSP workshop has been using Timetta since January 2018. During this time, the system has become a familiar tool for accounting and labor planning, and has taken its place in the company's business processes. Filling out and coordinating timesheets in Timetta has become a routine operation and takes 5 minutes a day.
Within a month, we managed to configure and implement Timetta in ADE. Convenient report designer, configuration of workflow approvals, prompt technical support — all this allowed us to make the system startup process comfortable for our employees. We recommend Timetta as a convenient functional tool with good technical support.
Timetta we have been using for more than 2 years. Thanks to this system, we have practically eliminated «resource» wars in GMCS, which was one of the main goals of the resource management system. The system allowed us to see a clear and transparent picture of the work on projects.
It is fundamentally important for EAE-Consult to use resources rationally and manage projects efficiently. That is why we use the Timetta-based resource planning and labor accounting system. The system provides capabilities for timekeeping, resource utilization management and project performance control.
PKF MEF has been using Timetta for three years. Today, PKF MEF managers see all projects in a dynamic way, and it takes us considerably less time to consolidate data and analyze the performance of our divisions. Timetta allows us to assess projects, employees and customers from different angles and be even more efficient.
We like Timetta for its clear interface and functionality. It has everything you need to constantly track the economics of your projects. The analytics allow us to quickly put together a report with a focus on different metrics. We can safely say that Timetta meets all the needs of Beyond Taylor.
The Corporate Solutions Center was looking for a solution that would capture the distribution of workload into priority or non-target operations, their composition, and help determine the share of employees' involvement in project activities. The choice was made in favor of implementing Timetta.
In March 2022, more than 2,000 of our employees found themselves without all the technological tools or even a basic email and Internet site — Accenture made the decision to separate us. So we started looking at what ready-made products were already on the market, naturally local and without global clouds. In the end, we chose a solution that suited us: the Timetta cloud system.
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