5 reasons ABM Timesheeting can save you time and money
A time sheet records actual time against a job, and while timesheets is not a new aspect of businesses many methods are outdated and slow . The Time Management System (TMS) includes specifying stage, phase, and rate for the task being performed, allowing a more comprehensive approach to the use of time sheets. Regardless of what type of consultancy or service a company offers, the ABM timesheeting can help increase productivity, business visibility and ease the billing process.
Track jobs more efficiently
Keeping on top of costs requires you know exactly what’s going into a product in terms of both materials and labour. If you’re not tracking time carefully, it can be easy to misunderstand what a product cost you to make, and therefore what you need to charge for it in order to profit. Job tracking also helps you learn how long jobs take and gives you the opportunity to look for points in the production that can be improved to save you time and money.
Simplify Billing and provide more accurate quotes
With ABM timesheeting, billing customers can be significantly easier. Remove the need for copying data from spreadsheet to spreadsheet or trying to get your different systems to work properly together. All the data from the timesheets and job tracking can be utilised in the billing section for accurate customer invoicing. Initial quotes are an important aspect of your business, its important to give an accurate and competitive quote to secure a job. ABM timesheets allows you to use the historical data to develop your quoting practices to become much more accurate.
Get insights to employee productivity
In a large production process, it can be difficult to keep an eye on everyone’s personal productivity. With accurate timesheet software that’s integrated with job tracking, seeing not only the hours your employees are putting in but their productivity is easy. Productive employees deserve to be rewarded and less productive employees may need assistance to get them up to speed to save you time and money in the long run.
Instant data entry
ABM timesheeting can be accessed via Desktop, Web or Mobile applications. The Mobile application allows your employees to record time and costs without ever setting foot in the office. The range of platforms allow staff that are out of the office to record their time and manage their jobs using a simple application which automatically uploads data to the system, ensuring you never lose timesheets again.
Customisable for your Business
There are a number of customisable options available which provide control over how the timesheets manage different situation, the value of a normal working day can be specified to allow posting of automated timesheets, such as public holidays and leave. By tailoring ABM timesheets to your specific business needs you can be confident you are only paying for what you need and increasing the efficiency for your business.