Entering data into separate applications can result in a lot of errors. This may cause confusion and frustration when it is time to analyze your data within your department and when comparing it to other groups. It is a lengthy process that can slow down an organization in its daily tasks. Integrating your business management solutions, such as your timesheet application to your financial system, will help you ensure that everyone in your company has access to the same information.

1. Why Professional
Service Firms
Should Use
INTEGRATED
TIMESHEETS
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2. Using an
Integrated System
Entering data into separate applications can result in a lot of
errors. This may cause confusion and frustration when it is
time to analyze your data within your department and when
comparing it to other groups. It is a lengthy process that can
slow down an organization in its daily tasks.
Integrating your business management solutions,
such as your timesheet application to your financial
system, will help you ensure that everyone in your
company has access to the same information.

3. Integrated Timesheets
Can Help You Reduce
Revenue Leakage
Lost Hours
Profit Loss
Billing Cycles
Annual Payroll Expenses

4. Revenue
Leakage
Revenue leakage occurs
due to scattered information
when entering data.
Time and expense
information captured in
an integrated timesheet
application flows directly into
the organization’s financial
system, reducing the risk of
missed entries.

5. Lost
Hours
=1/10 hour
lost each day
23 hours
lost each year
Having to transfer data from
one system to another can
result in missing hours.
One missed 10th of an hour
each day translates to 23 lost
hours a year.

6. Profit
Loss
If an employee reports
worked hours at the
end of the month, the
organization suffers
a 30% profit loss due
to forgotten billable
activities. On the other
hand, if worked hours
are reported at the
end of the week, the
organization sees a
lower profit loss of 15%.
30%profit loss
15%profit loss
when reporting
worked hours
at the end
of the month
when reporting
worked hours
at the end
of the week

7. An integrated timesheet reduces an organization’s billing
cycles since the employee’s time and expenses will be
automatically integrated to the financial system. Less time will
be spent tracking down, entering and validating activities since
their time will appear as it is being entered into the system.
Billing
Cycles

8. 4%
Annual
Payroll
Expenses
A study by the American
Payroll Association (APA)
shows that by adopting
an automated time
and attendance system
companies can save up
to 4% on their annual
payroll expenses.

9. Brought to you by
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