Adds value without increasing administration
IRIS Time &
Fees provides a shorter, faster route
from time spent through work-in-progress and billing to cash
in your bank. With easy timesheet entry and work-in-progress
monitoring, IRIS
gives you all the information to raise bills and collect fees
promptly.
As part of continuing development, IRIS Time & Fees now
incorporates an on-screen 'stop-watch' to give users a precise yet
easy method of recording time - right down to the minute, if
you so wish.
Gives the level of control you need
Like all IRIS modules, IRIS Time & Fees is highly flexible
in matching the way you prefer to work. Budgets can be set and
monitored for the client overall or for each client job. Budget
reports then enable you to swiftly check your budgets against the
work-in-progress.
In the same way, you can set up a choice of time units and
charge rates for staff. Timesheets are entered by individual
members of staff as the work is in progress or can be collected for
central keying-in. Staff working at branches or from home can
complete and send their timesheets in remotely for processing.
Timesheets can be daily, weekly, two-weekly, monthly or variable
and they may contain expenses.
The result is that, by setting the rules and parameters you
prefer, you gain exactly the level of detailed control you wish
within the business.
WIP detail & reporting
The level of analysis possible through IRIS Time & Fees
gives you greater visibility of how you and your staff are
investing time, and the return on this investment.
System options allow you to choose up to three levels of
detail for which you record work-in-progress: the overall client,
the individual job, and detailed work type. Work-in-progress can be
monitored by partner, manager, staff member, client category and
client. Reports are clearly laid out to show the position of
billings and recoveries. Staff performance reports show chargeable
versus non-chargeable time, giving you the opportunity to identify
any anomalies and balance workloads to improve efficiency.
Fees
The fees ledger can integrate with Microsoft Word to produce fee
notes. These can be tailored using Microsoft Word to suit your
requirements, accessing the data from the database. Using on-screen
billing, the invoice amount can be posted selecting how to write
out the WIP at the same time. Statements and payment reminders
prompt clients to pay and an aged debtor analysis assists with
credit control.
