Time and Expense Tracking Functions & Features

Time tracking functionality provides the ability to track the time employees spend doing specific tasks. Time tracking can also allow project managers to monitor projects and resources, define different tasks, and compare estimated time against actual time reports. Expense tracking functionality allows administrators to track expenses and calculate expense reimbursement. With built in report functionality, businesses can gain insight into their spending patterns through analytics -helping to reduce operating costs and improve internal controls.. Time and Expense Tracking Functions & Features are an important module of the comprehensive HCM RFP Template.

The HCM RFP template with Time and Expense Tracking Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:

complete response from each HCM software vendor
deep and accurate evaluation of submitted HCM proposals
impartial side-by-side comparison of HCM solutions evaluated
rational and documented selection of the best matching HCM system

The HCM software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the HCM solutions from scratch.

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The Time and Expense Tracking Functions & Features comprise the following elements:

Import/export data from/to project management systems, ERP, payroll solutions, etc.
Import/export data from/to project management systems, ERP, payroll solutions, etc., Time and Expense Tracking Functions & Features
Tracks activities through hours remaining, budget versus actuals, or other measures
Tracks activities through hours remaining, budget versus actuals, or other measures, Time and Expense Tracking Functions & Features
Multiple levels available to capture work
Multiple levels available to capture work, Time and Expense Tracking Functions & Features
Time against activity data can be entered manually
Time against activity data can be entered manually, Time and Expense Tracking Functions & Features
Imports data from the external expense tracking system
Imports data from the external expense tracking system, Time and Expense Tracking Functions & Features
Expense information is automatically sent to accounts payable system
Expense information is automatically sent to accounts payable system, Time and Expense Tracking Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which HCM solution is the best for your needs.

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Time and Expense Tracking Functions & Features

Import/export data from/to project management systems, ERP, payroll solutions, etc.

Tracks activities through hours remaining, budget versus actuals, or other measures

Multiple levels available to capture work

Time against activity data can be entered manually

Imports data from the external expense tracking system

Expense information is automatically sent to accounts payable system