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Home > Products > Retain WebTime > Case study 3  
 
Retain WebTime
Case 3 - Employment contracting agencies
 
 
The internet is a natural medium for the capture of time and expense data from employees. Employment contracting agencies typically have contractors on many widely dispersed sites, this makes it an ideal environment to realize significant administrative savings by making the move to a web based system.

Retain WebTime and Retain WebExpense combine to offer the employment contracting agency not only an easy to use and efficient data capture system, but also a sales tool for front office staff.

 
What benefits does Retain WebTime/Expense offer?
 
  For agency clients you can...    
  offer your clients real time enquiries through a web browser for monitoring contractor time.  
  automatically deliver spreadsheets containing weekly timesheet data to your clients via email.
 
  provide UK and overseas VAT analysis for VAT recovery on contractor expenses.
 
  Budgets can be maintained for individual projects for reporting purposes.  
  can allow your clients the use of a web and email based system for timesheet and expense approval.  
         
  For agency sales consultants...    
  Using Project Enquiry the Contracting Agency sales consultant has immediate access to the financial information needed to manage his/her client accounts:  
       
  Accumulated time, cost and revenue values over selected periods, weeks or days.
 
  Timesheets pending client approval.
 
  Invoice values raised against a client.
 
  Enquiries showing cost and revenue values in source,base or reporting currencies where multiple currencies are relevant.
 
       
  This functionality gives your sales consultants an immediate picture of outstanding and historic transactions before they communicate with a client.  
       
  For the agency accounts department...  
  A system that is flexible enough to allow contractors to be, for example, costed in Euros, invoiced in US Dollars and reported on in Sterling.
 
  The capability to generate time and expense invoices for clients, or, alternatively, export this data in a controlled way into other in-house accounting systems.
 
  The export of contractor costs and expenses into existing accounts or payroll systems.
 
  A highly flexible way of organizing employees, administrators and time and expense approvers to allow fine control of access to the system.
 
  An intuitive and easy to use browser based user interface.
 
  Overtime can be identified and charged at different rates to standard time.
 
  Standard hours can be varied from contractor to contractor.
 
  Overtime values can be adjusted to reflect weeks containing public holidays.
 
       
  For the agency administrators...  
  Retain WebTime/Expense uses a highly configurable system of workgroups and roles so that administrators can be assigned to individual business areas. This means that the contractors and clients available to a particular administrator can be restricted to those belonging to the areas that they are responsible for.
 
  Retain WebTime/Expense has an automated system for chasing late timesheets, expenses and approvals via email.  
  On-line timesheet and expense enquiry is available to contractors, reducing the number enquiries handled by administrators.  
 
 
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