Business Consulting Solution
Time Billing Software System
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Even within the most sophisticated consulting organizations, there is often no true electronic routing system to handle time, expenses and billing. Instead, consultants enter data into spreadsheets; accountants re-enter data into another system to create an invoice; and all the while, project managers have no access till they see the actual invoice. Yet this manual process creates the potential for data entry errors, wasted time as well as inaccurate billing.
That's why NetSuite's software industry solution provides one, fully integrated time billing software system that handles time, expenses and billing automatically. Each user can enter time and expenses, or purchase materials for a project, via a role-based view. And since approval routing is automated, companies can shorten the time it takes to generate an invoice. Moreover, management receives standardized reports to see budgets versus actual spending, unbilled time, unbilled cost, as well as billable time by item, consultant, or customer.
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- Be proactive rather than reactive in how you manage your time, expenses and billing, sharpening your competitive advantage.
- Ease-of-use features lead to wider end-user adoption, saving time and increasing internal productivity.
- Better accuracy in billing projects results in better cash flow.
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- Eliminate data re-entry and reduce errors.
- Record all the time spent on cases, tasks, and events.
- View and approve the time your team spent per case.
- Route billing information automatically to accounts receivables.
- E-mail, print, or fax invoices directly from the system to the customer.
- Provide a full audit trail of all approvals.
- Generate comparison reports on projects or customers.
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