The time@work Budgeting Module enables organisations to establish unlimited budgets for forecasting and planning of both time and expenses.
Central administrative planning can take place through time@work Maintenance and time@work also enables Employees to plan their own time or their team’s time through the browser-based Budgeting Module.
You can see a short video presentation showing time@work Budgeting by clicking the play button below.
This presentation shows some of the reports that can be generated when using the time@work Budgeting module.
Plan employees’ allocations to projects (including Holiday).
Plan projects’ requirements for staff (by role and/or employee).
Plan employee and other expenses by Project.
Compare Actuals (from Timesheets) with Forecasts and Plans.
Calculate financial implications of plans including fees, costs and departmental cross charges.
Monitor and update several budgets at once, and copy between them.
Plan Employees’ time on Projects (if you are a team leader).
Plan each Project singly (if you are a project manager).
Scroll forwards and backwards in time.
Plan by Day, Timesheet Period, or Accounting Period.
Plan in Minutes, Hours or Days, or partial units.
Use Allocation Profiles to search for Employees based on Skills, Availability etc. (see Resource Planning).
Allocate Employees to Projects at configurable levels of certainty (see Resource Planning).
Use time@work’s standard reporting tools to compare Actuals with Budgets, or Multiple Budgets.
Enable Diary Maintenance for Employees, enabling them to update Project allocations.
Enable Diary Control for team, departmental, or divisional leaders.