There are so many online time tracking, expense tracking and invoicing software applications available in the market with different features and varied price points. So how can small businesses decide whether AccountSight is the right one for them? How can small companies be absolutely sure that their dollars are well spent by selecting AccountSight as the correct solution? Here are 3 key criteria that will make their decision easier:
1] What are my company requirements to select a time tracking software?
Every small organization’s needs differ in terms of their core requirements for time and billing software. Some may be tracking time and expenses to manage the project budget effectively while others want to generate professional invoices. In addition, many other companies may need to impress the clients and their contractors with a personalized time and expense tracking software which also automates the approval process. AccountSight has been designed and developed keeping these specific requirements at the core.
No matter what your requirements are, you need to ensure that the project tracking software is extremely user friendly and the core requirements are fulfilled by the software. Most small companies just require the following from a project management and time tracking software:
– 24×7 system availability
– Online and easy to use time and expense tracker
– Timesheet and expenses workflow with manager approvals
– Easily duplicate weekly time sheets, expenses or invoices
– Excel based single user Time and Expense (T&E) upload or Bulk upload where the administrator uploads all timesheets
– Manual or Project Time and Expense based invoice generation
– Recurring invoice generation
– Automatic attachment of Time and Expense with Invoice
– Powerful Dashboards and reports for Online Project Management and report
– Quick 360 degrees dashboard view of time and expense, invoices and outstanding invoicing with aging summary
– Drill-down directly from dashboards into time, expenses and Invoicing reports
While these features are the key feature required by most companies, AccountSight also provides some additional things that may be very much specific to their business i.e. most consulting organization personnel may need signatures on printed timesheets from the client manager while submitting time and expenses internally to company management for invoicing. Such features are rather important to consulting companies and may be available only in specialized software applications such as AccountSight.
2] How much does it cost?
Most aspiring companies want to take advantage of professional project management and time tracking software to boost productivity rather than using outdated methods of maintaining records in Word/Excel. AccountSight’s Cloud based online time and expense tracking and billing application not only gives a faster 24×7 means to enter online timesheet and expenses but also provides total control over your account receivables.
When it comes to deciding which cloud based software you have to choose, a cost benefit analysis is required. While the company user base is small, the difference in cost of most online software systems is hardly noticeable. However, the cost can increase quickly especially if the company expands and increases the subscription to multiple users. Keeping the cost down is important for most small companies. Based on the user base of a business, AccountSight offers three different price packages so that the client can choose the right scheme as per business needs and utilize the maximum benefits in a most economic way.
Instead of spending an exorbitant sum for functionality that you don’t need and won’t use in time and expense software, it may be wiser to subscribe to a more economical package that meets all your core requirements.
Additionally, small companies can decide on the best time and expense tracking software that meets their needs by signing up for a free trial. This free trial will help ensure that they make the right choice for their business.
3] Should I adopt cloud based software?
Software and hardware requirement, installation, maintenance and upgrade of any system can be a drain on small business time and money. Being a cloud based service AccountSight offers a number of advantages without the headache of installation and upgrade from time to time:
- No upfront investment, start using the system in minutes
- Pay as you go, no hidden costs
- No worries about backups, everything is in the cloud
- No software/hardware required
Subscription based Software as a Service (SaaS) may be the best option for small companies due to distinct advantaged mentioned above and lower cost of ownership.
If you are a small business with requirements to track, report and invoice time and expenses, you might find the information particularly helpful.
Are you looking for a cloud based efficient and economic solution for your business? Why don’t you try AccountSight free trial of 30 days for a start? Register here now!
AccountSight is a fast and easy online time tracking, expense tracking and invoicing software. It is a highly useful cloud based application for small businesses, consultants and freelancers for maintaining weekly time sheets and billing online as well as for mid-size companies that require online projects management, employee timesheet & expense tracking and online invoicing capabilities. The rich functionality and hassle free user experience makes AccountSight unique.
For more information and to learn about free time tracking software trial period, please visit www.accountsight.com.
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