Time & Expense: Creating Greater Operational Efficiency
Our integrated, mobile-friendly and DCAA compliant solution enables government contractors to comprehensively manage all of their time and expense tracking.
Costpoint’s Time and Expense module is an integrated real-time, cloud-based solution for government contractors to quickly and efficiently manage time entry, leave requests, timesheet approvals, expense entry and authorizations, extensive reporting and more. Through an automated workflow and mobile responsive design, as well as a user-friendly mobile time app, organizations gain extensive visibility into labor costs, project timelines and employee expenditures, which can positively impact their bottom line.
Integrated ERP Solution
Enable approvers to validate employees are charging projects for both time and expense in one place.
Multiple Mobile Solutions
Access mobile capabilities, including our real-time, cloud-based time app.
Keep time and expense records validated for compliance, with tracked revisions and workflow that creates a clear audit trail.
Streamline Expense Entry and Approval
- With an intuitive workflow, users can efficiently enter expenses and upload receipts in a few easy steps
- Administrators can view expenses before approving, reducing the chances of incorrect expenditures or delays in payment
- With expense status, overdue tasks and reminders are displayed, enabling expenses to be paid out in a timely manner
Mobile Workforce Support
- Mobile responsive design and a real-time, cloud-based app help better manage your workforce - anytime, anywhere
- One touch access to enter time data makes the process simple and efficient
- Within seconds of opening the mobile app, employees have easy access to view vacation, holiday and sick leave time
- Approving timesheets is quick and efficient, allowing projects to be managed more efficiently while saving time and money
- With a comprehensive view of work schedules, managers can also ensure resources are appropriately aligned with employee schedules
- Notifications help managers avoid delays and keep on top of tasks, including approving timesheets
Better Audit Preparation
- Ensure records are up-to-date and properly maintained with daily floor check inquiries
- Notifications can be sent to supervisors of employees who fail floor checks, making this a helpful tool for staying compliant
- Insights to timesheet corrections are recorded and easily referenced to ensure accuracy and provide an audit trail
Customizable to Meet Your Needs
- Configuration of the expense module includes a range of options that help ensure all user needs are being met
- The system makes expense entry, approval and reporting user-friendly while remaining efficient and compliant
- Customize settings so those who need access to approvals are included in the process