Introduction to TimeLog Project 4.5
Here is a brief description of some of the new things in TimeLog Project.
TimeLog Project gives management a new range of tools to create incentives for employees. Make budgets for each employee by setting goals for e.g. external registration percent, added value and average hourly rates.
These key figures – or KPI's – are shown in a personal report, which allows the employee to follow up on the goals set for her. A central key figure can even be shown on the front page of TimeLog Project.
Budgeting and the KPI report are especially powerful for consultancies and IT-companies who bill their work.
Another big headline in version 4.5 is the work load report which shows how much work is booked for each employee in the future. The report is both faster and easier to work with, and introduces a new way of adjusting the employees' allocations. All together the work load report provides management with an overview of the company's resource allocation, and a way for project managers to adjust time schedules and allocation on their project.
Furthermore, project managers can now send emails from different parts of TimeLog Project to both internal and external recipients.
The finance department gets a longstanding wish fulfilled with customer specific hourly rates. These new hourly rates are only available for a particular customer and can be used for discounts and other special agreements, which deviates from the standard price list.
Invoices can now be exported directly from TimeLog Project as a XML-file. This feature permits a secure and simple integration with other financial systems without requiring otherworldly programming skills.
