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| TimeSolv®
CORPORATION |
Internet Hosted Time & Billing and Project Management Software Solutions for Professional Services Firms
- Makes timekeeping, billing and project management convenient for sole practitioners and small to medium sized firms
- Eliminates costs associated with internally hosted and administered systems
- Provides wired and mobile access to hosted, secure and reliable software applications from TimeSolv Corporation
Take the drudgery out of managing professional services practices with TimeSolv Corporation - the first set of software solutions that allows sole practitioners and medium-sized professional services firms to quickly establish billing and information tracking for clients and projects. Offered in a hosted Internet environment that supports personal computers, laptops and handheld devices, TimeSolv Corporation provides the fastest access to the broadest range of practice management solutions.
Big-Firm Functionality for Small to Medium-Sized Firms
TimeSolv Corporation is a subscription-based service that provides access to practice management functionality typically reserved for only the largest firms, at a fraction of the cost of an in-house solution. Two TimeSolv Corporation solutions are available by subscription: TimeSolv, an online time and billing service, and WorkSolv, an online project management solution. These applications include the following components:
- Client and Project Setup
- Time and Expense Entry
- Billing with Multiple, Flexible Formats
- Invoices and Payments
- Project Management Tools
- Financial Report
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| TimeSolv Highlights: |
- Low startup costs for immediate productivity - there are no set-up costs or implementation fees. The only requirements for operation are a personal computer, laptop or handheld device with a browser (such as Microsoft® Internet Explorer or Firefox®) and access to the Internet.
- No system administration fees - all backups, updates and hardware are maintained by TimeSolv Corporation.
- Ease of use - applications are streamlined and intuitive so users can quickly come up to speed with minimal expense. Online training is available, but not required.
- Offline synchronization - TimeSolv includes TimeSync, a Windows-based applet that allows time and expenses to be entered when a user is unable to get on the Web. The data can be uploaded the next time the user is online.
World-Class, Secure Data-Hosting Environment
Information security and protection are critical elements of TimeSolv Corporation. By selecting a professionally managed data center offering the highest levels of system protection, TimeSolv Corporation ensures the integrity and safety of your data. Information going to and from the TimeSolv servers is fully encrypted, protecting data across the Internet. In addition, all data is backed up daily and stored securely. The latest virus-protection software available also protects information stored in the system, adding another level of security for users of TimeSolv Corporation
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| TimeSolv
- ONLINE TIME AND BILLING SERVICE |
Time and Expense Management Made Simple
Tracking and managing time and expenses for billable professionals is a critical yet difficult task for most firms. As an online solution that is available from any location with online or wireless access to the Internet, TimeSolv simplifies the process of capturing information by allowing time and expense information to be input anywhere in the world, any time of the day. Employees and subcontractors can opt to either enter time manually or utilize automatic timers that measure time spent on any given task. Time is automatically entered upon completion. Both hourly and project-fee billing methods are fully supported.
TimeSolv provides comprehensive tracking of time and expenses and offers multiple methods of viewing information, including month-at-a-glance, making it easy to identify missing time. The monthly calendar supports views of time by timekeeper, client or project.
By providing a timely and accurate method of entering time and expense information, TimeSolv helps speed up the billing and collections process. The system features flexible formats for client billing, including customizable templates. For additional convenience TimeSolv can be used in conjunction with WorkSolv, TimeSolv Corporation’s online project management solution, which provides the ability to trigger billing by milestones or percentage of project completion.
Multiple Billing Delivery Methods Serve Client Needs
With TimeSolv you can satisfy the needs of the widest range of client billing preferences. Invoices can be delivered via:
- Printer - bills can be printed and mailed by in-house staff.
- Email - invoices can be included within an email message or sent as an attachment.
- Auto-mail - for an additional charge, client invoices can be routed to TimeSolv Corporation for mailing.
- Web-bill - bills can be viewed online by clients through a secure login. When opting for this service, clients receive email notification of new or outstanding bills. Web-bill also allows for online payment of bills using PayPal, an online payment service that is fully integrated with the system.
TimeSolv Corporation also supports the LEDES (Legal Electronic Data Exchange Standard) format for law firms and their corporate clients.
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WorkSolv
- ONLINE PROJECT MANAGEMENT SOLUTION |
The ability to manage multiple and complex tasks is critical to the success of any professional services engagement. A fully integrated companion solution to the TimeSolv online time and billing service, WorkSolv provides a complete set of comprehensive project management tools in a secure, online environment.
With WorkSolv, entire teams can effectively manage projects from multiple locations. And because TimeSolv Corporation handles all of the system maintenance, hardware and software upgrades, WorkSolv is easy to implement and use. You can immediately put the features of WorkSolv to work without the expense or administration of an in-house system.
WorkSolv Project Management Capabilities
WorkSolv incorporates a variety of project management and collaboration features, including:
- Unlimited capacity for projects.
- The ability to create "Project Roles" for subcontractor tracking and management.
- Online viewing of project status and progress information.
- Multiple inquiry views, including calendar, outline and Gantt chart.
- Automatic email notifications regarding project status change.
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WorkSolv provides online inquiries of project and milestone progress as well as billing, collections or other relevant financial data delivering a comprehensive view of the project status
Seamless Integration with TimeSolv - A Complete Software Solution
Because WorkSolv is seamlessly integrated with TimeSolv, users have an online view of project management as well as billing and collections information from a single login ID. Activities that incorporate usage of both applications include:
- Establishment of project milestones that trigger billing based upon percentage of completion or achieving trigger points.
- Project status inquiries, such as unbilled time and expenses, billings, collections and other relevant financial data.
- Assignment of specific personnel to a task
- Control of rate structures for individual projects or structuring billing rates by timekeeper or activity
- Creation of budgets and tracking of billings against budgets
A Solution that Makes Sense for Today’s Professional Services Provider
Automating an individual practitioner or small firm with a traditional in-house system can often be expensive, time consuming and a burden on resources needed for pursuing the true goals of the practice. TimeSolv Corporation offers an easy and cost-effective method of managing time/billing information and project management data in a secure, online environment.
Your Partner for Online Time & Billing and Project Management Software Solutions
TimeSolv Corporation is a leader in enterprise software for the professional services industry. TimeSolv Corporation provides solutions for professional services organizations in the accounting, IT and management consulting, legal, marketing services, technology, corporate, and government sectors. Contact TimeSolv Corporation to harness the power of TimeSolv Corporation in your practice today. |
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