How Companies Can Rely on Project-Based Timesheet Solutions to Increase Profits and Surpass Competitors
Implementing automated methods for project costing is the most advantageous thing your organization can do to be smarter, faster and more accurate in forecasting projects and allocation resources. It is essential that companies have a web-based system in place to house their dynamic project, cost and profitability data. Without an automated timekeeping mechanism in place, it is difficult for organizations to understand and improve the many time and project-related variables that affect a company’s profitability.
Readers of this white paper will learn:
Readers of this white paper will learn:
- Why traditional project costing methods fail and can result in costly mistakes;
- How fully automating the timesheet process can reduce errors and staff time by 75 percent or more;
- How project costing software increases profitability;
- Methods for choosing a timesheet solution for project costing and the types of products to avoid.
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