Time and Expense Tracking
What if you could link timesheets and project costing?
Well, now you can! Genius Project is a powerful project managment software that links timesheet data directly to a project and updates the information automatically.
Time and Expense Tracking Highlights and Benefits
- Weekly time and expense report
- Compliance reporting
- Approval workflow
- Detailed reporting views
- Task re-estimation process
- All standard reporting tools supported
- Export to Microsoft Excel with field to cell mapping
Time Spent on Each Task
Genius Project provides a user-friendly way of collecting actual hours and estimates of time required to complete tasks related to projects. When entering the data, an individual can also enter comments or detailed information regarding the nature of their time spent.
When timesheets are completed, if an approval workflow has been enabled, users can send their approval requests to the project manager using the workflow feature and project managers can approve or reject them. Otherwise timesheets can be set-up to be approved automatically.
Expense Report: Input Expenses Directly Into Projects
Consultants and other collaborators that travel frequently can associate their expenses directly to the corresponding projects. Different fields can be customized and expenses can be classified as already paid by the company or to be reimbursed; a time saving function that accelerates project invoicing and reduces the reimbursement effort for collaborators.
A Complete Picture of Resource Usage and Costs - Link Your Costs and Projects
All timesheet and expense sheet entries are calculated and charged to the associated projects. Each resource is assigned to an internal cost structure and a billing rate that is dependent upon the role they perform. Costs are calculated according to the planned time, time actually spent and time billed. Therefore, a complete picture of resource usage can be obtained and the financial implications (including budgets, costs and margins) can be identified. Detailed views allow management to track project hours and cost. Leveraging advanced reporting functions or advanced Microsoft Excel export (built-in), managers can create tailored views and reports.
Automatic Update of Project Progress - Have Accurate Data
The project’s actual dates are automatically updated with data entered into timesheets.
Next Steps
Sign up for a 15 day free trial
Documentation
This Feature Available In
Genius Project On-Demand
Genius Project Enterprise
Genius Project for Domino