For many professional services organisations, quick and accurate registration of employees’ time sheets is a key factor in the ability to optimise project and resource management, manage costs and drive profitable behaviour.

Being able to quickly and easily capture the time your employees use on scheduled, as well as odd jobs during the day – replying to e-mails and answering calls from customers, day-to-day visits and other short-term services – is crucial for increasing the number of hours being accounted for and subsequently invoiced.

“Time is money” may be an over-used expression, but when a company’s existence is based on providing time based services, time tracking becomes vital to overall profitability. For this reason, time tracking is the right place to start for any business that is looking to reap the benefits of automating, streamlining and optimising its business processes. After all, employees’ time is the most important source of income, and within the service industry, being able to track time on individual jobs and projects is essential to managing profitability.

Deltek's time and expense solutions help professional services firms:

• Reduce employee administrative time
• Give a holistic view of time and expenses on in projects
• Improve decision making through business intelligence and reporting functionality
• Improve payroll and expense processing time
• Adhere to compliance regulations