Time and expense tracking
The platform’s time tracking software
The Acollab collaborative platform has a time tracking tool of its own, called Timecollab, which allows you to track time spent on all your projects or activities on a daily basis.
This tool is particularly suitable for teams working on a project basis and helps answer the following questions:
- How much time does a team spend on a particular project?
- What is the cost of a given project?
Time tracking features
Time-spent reporting
Each employee can report their time spent per project or task, on a daily or weekly basis.
A timer allows you to keep track of the time spent in real time.
Expenses reporting
This tool also allows each team member to allocate an expense to a project or even a task. For service companies, it is possible to separate billable expenses from non-billable expenses.
Integration with the collaborative platform
Timecollab is perfectly integrated with the collaborative platform’s project management tool, since the time spent and expenses incurred can be attributed to the projects and tasks created in the platform’s various collaborative spaces.
Contract or fixed-price management
For each “billable” project, it is possible to define whether invoicing is done on a time-spent (managed) or fixed price basis. This feature allows you to evaluate the profitability of a project by comparing its costs and revenues.
Employee management
For each member of a project, it is possible to define a daily working time, a number of chargeable hours in the day, overtime and an hourly rate.
Comprehensive and customized reports
Several time and expense tracking dashboards are available:
- The weekly, monthly and annual times of each employee.
- Time and expense details by project, user and task.
- The monthly aggregation of the times of a project.
- The annual summary of project times.
- Time per employee over the period of your choice.
- The times per project over the period of your choice.
Would you like to try the time tracking tool ?
The ideal tool for service providers
From IT services companies, web agencies, consulting firms, communication agencies, to architectural firms, law firms, small to large service companies… if your activity is organized by projects, it is important for you to follow the time spent by each employee on the different projects you manage.
The integration of the Acollab collaborative platform and its Timecollab time management tool allows for simple, frictionless and efficient project management.
Why use Acollab time tracking ?
- To evaluate the profitability of your projects, whether they are managed on a contract or fixed price basis.
- To facilitate the invoicing of your services.
- To assign the workload to the different employees.
- To establish complete activity reporting.