Optimize business processes for time and billing?

QicsTime makes it possible to streamline the entire billing process of professional service organizations. This includes time and billing of services, contracts and products and financial accounting. It is possible to optimize these business processes quickly, even within complex organizations. More than 6,500 users use QicsTime daily. QicsTime can be integrated with QicsPlanner, QicsAnalytics, Exact Synergy (Enterprise) and Exact Globe.

Read on for the QicsTime features

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A firm grip on time recording 

We have done everything possible to ensure time recording is easy for employees. Naturally, the hours actually worked are entered via a web-based application, enabling the user to enter his/her hours also from home and at a client’s office. Employees will view only the clients and projects they are currently working for. The screen used for entering the hours worked may be customized to suit individual preferences, making it user-friendly for everyone. QicsTime will help your employees to record the hours worked correctly, without the process becoming time-consuming.

Sending the right invoice quickly

QicsTime offers many different ways for recording price agreements. We support billing of hours worked based on final costs, advance payments, fixed fees and the billing of contracts. This eliminates the need to consider rates and conditions when you are invoicing. The invoice proposals automatically contain the agreed prices. An amount that is larger or smaller than the one included in the proposal can be invoiced. It is also possible to send bills later than indicated in the proposal. QicsTime keeps a detailed record of any changes, allowing  analysis of these changes at a later date.

Detailed financial insight

QicsTime is able to create financial entries on all project related revenues and .costs, which  is done in a very detailed way. Profit margins can be monitored at project level as well as per employee, product, cost center, and cost unit. When people are being contracted for intercompany projects, QicsTime will automatically create entries in both financial accounting systems.