Time & Expenses

Are you still working with paper timesheets, Excel spreadsheets or with your own application for processing hours and expenses?  There’s nothing wrong with that if it works, of course.  But tell us honestly… How long does it take to enter the hours, to check them and then invoice them?

In some organisations, the Office Manager or project manager is still chasing the hours and expenses at the end of the week.  “We will not pay our professionals’ expenses unless we have received their timesheets” is a phrase we often hear.  But that also means your invoices also are not ready to send.  Together with the regular payment term, it still takes a long time until payment is received in your bank account.  And that costs working capital.  Did you know that on average more money is outstanding within your own organisation than with customer?

Thankfully there is another way – with Twinfield.  It’s easy to use in your office, at home or at the customer’s premises.  It can also be used in multiple offices, nationally or internationally.  The product is multi-lingual, with intuitive, clear and simple input. It has comprehensive options for defining projects, phases, status, expenses types and quantities. And most importantly: fully integrated with the financial system.

All data is immediately available centrally and can be invoiced at the press of a button.  The data is available in a user-defined format, specification and language, depending on the intended recipient. You have an immediate insight into the productivity of each employee, the current work position against budgets.  In your debtor management you can monitor the amount to be paid in real time.  And you can track every timesheet until the time that the payment is in your bank account.

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