• Clients – Those who are billed by the organisation
• Projects – The jobs done for the clients
• Employees – Those who work for the organisation either as employees, sub-contractors or who supply resources
• Activities – The tasks that are performed by employees, either for clients or to meet internal requirements

The single-entry of time, expenses and project data captures the relationship between these elements, enabling the following Management Tasks:

Timesheet Management and Employee Administration – Including that of timesheet and expenses entry, holidays, overtime, TOIL (Time Owed In Lieu) and flexi-time working arrangements.

Project Management – Using stages and flexible supervision hierarchies, project timetables and teams can be constructed and managed. Data can be taken from Coretime and used in conjunction with specialist project scheduling software if required.

Utilisation – Who is doing what for whom and when? Coretime captures all the data necessary to implement activity-based costing and productivity measurement. Who is working for clients, who is performing overhead? Which tasks are eating up precious resources? How much time and money is spent on winning business? Entertaining clients or internal training?

Recovery – Coretime will deliver accurate measurement of WIP, produce invoices and receive cash. A complete record of client profitability is available for review and for the evaluation of future business opportunities. Performance against budget can be appraised, costs can be controlled. Transactions can be exported into SAGE 50 or other external accounting packages for processing and reporting.

Accountability – Coretime is a multi-dimensional database, so that reporting to clients, funding entities, suppliers, business associates and senior management or supervisory boards is virtually without limit. Data is easily exported to be combined and collated with other data sets.