History and background

TimeLog was established with the goal of developing the world's best product for time tracking and project management.

Already a product

In 2001 the two entrepreneurs, Søren Lund and Jakob Mikkelsen, established TimeLog in collaboration with the advertising agency & IT company Cadpeople.

The point of departure was the product Insight, which was developed in 1997 for the Danish Technological Institute to keep track of time spent on projects. Insight was renamed TimeLog Project, and the process of establishing a technical- and commercial platform began.

Time and projects - with financial management

“Our goal was to develop the best product in the world for time tracking and project management, and we wanted it to be a web application. We had gained experience from the Danish Technological Institute and Cadpeople, which is why we went ahead with it,” Søren Lund says and continues:

“Our goal has not changed – although the financial management of consultancy and project finance takes up an increasingly larger part. We view our product, TimeLog Project, as the production system of consultancies and IT-departments.”

Today Søren Lund functions as the CEO of TimeLog and Jakob Mikkelsen is a member of the board, and has also started Greener Pastures, which provides TimeLog's mobile applications.

Our values

We believe in the valid argument

At TimeLog it is – and has to be – the well-reasoned argument that wins. Our business philosophy is built around believing in the good idea, and we want that to be clearly visible and influential in our daily work, in relation to colleagues and to our customers and users.
Therefore, we strive towards having strong one-on-one dialogues with our customers and believe in the value of a flat organisation where the internal communication allows all employees to give suggestions and try out new ideas.

We are innovative

We want our customers to consider TimeLog as a supplier that clearly stands out from our competitors and continuously seeks to develop new solutions for time tracking and ERP systems.
For that reason it is essential that we are constantly on the cutting edge of the latest trends and the most innovative technology.
We try to diminish traditional sales and service principles through the use of the internet’s potential as a sales and service platform.
We nurture the innovative environment and have the patience to invest time and resources in innovation.

We take responsibility

We want our company to be noted for our great responsibility in business relationships.
Our product is in many cases our customers’s most business critical system. We want to match up to this responsibility by supplying secure and high-quality software and services.
That means that our customers’ business-related challenges also are our challenges.
Those challenges are part of our daily work, and we therefore expect a high degree of responsibility in-house.

We are focused

Developing standardised products is – and has to be – TimeLog’s core competence.
We believe that the development of standardised products to a clearly defined niche, can give our customers the most value. In order to enhance this focus we have from the beginning operated on the global market.
Deselection is in this case a necessity which we believe serves our customers’ best interest. Therefore, we will always be a product house; a choice that is sacred to us.

We believe in dedication

At TimeLog we believe that value creation is achieved through dedication.
We are passionate about solving problems in our niche area, and the quality of our software and services is measured in the value we create for our customers.
We create value for our customers through personal and professional interest in the business processes our products include and the technical solutions we apply.

We nourish profitability

Profitability is an overall feature of TimeLog’s business and our customers’, use of our software and services.
Our customers have to feel that our software makes a difference, but with a significantly little cost both financially and in terms of time.
Our customers need to experience that TimeLog eases their daily work, and that they benefit personally from using the systems.
Our employees have to feel that TimeLog, in the short and long term, is a rewarding workplace. Therefore, we emphasise further education, responsibility and that our employees strengthen their individual competences.