It is a new system designed to meet the needs of small professional services companies. We took our in-depth knowledge of time and billing to several focus groups to ensure that their needs would be met in the simplest and most direct fashion. We discovered that small businesses and sole practitioners are interested in tracking billable versus non-billable time, client development costs, client profitability and other metrics that the existing systems fail to understand. Timesolv is a system that can give users this critical, business-management information without requiring additional work. Timesync desktop application for use when not connected to the Internet Timesolv supports multiple timekeepers and users each with their own security levels and rate structures.
Users can assign separate rates for individual timekeepers, clients, or projects.
A flexible expense structure will let the firm bill its clients for any expenses incurred on their behalf. Timesolv also has a variety of bill presentment methods for producing professional-looking invoices from a broad selection of templates. E-mail as a file attachment or a URL for presentment. Conventional paper invoices that the firm can print and mail itself. All client billing and payment information are archived for 13 months, so clients can review their bills and payments for any given annual period.