How TimeLog helps your business evolve
20 years of experience
TimeLog PSA is targeted at consulting and advisory companies who aim high and have the ambition to develop their business and optimise internal workflows all the way from the initial contract to the final invoice.
Insight comes before optimisation
A basement in Denmark. Two entrepreneurs have an idea: They want to make the world's best time tracking tool.
When you own a company in which the employees' time and knowledge is your product, it's crucial that you both know how that time is spent and have the tools you need so that you can use that time better. When we came up with the idea, that tool did not exist - so we decided to create it.
From the world's best time tracking tool to the leading PSA provider in Europe
Over the past 20 years, TimeLog has grown. From a basement to offices in Denmark, Sweden, and Malaysia. From the goal to create the world's best time tracking tool to wanting to be Europe's leading Professional Services Automation (PSA) software provider.
And we're not nearly finished growing. Or dreaming.
Viking Venture sees a unique opportunity in TimeLog
In November 2020, the renowned software investor, Viking Venture, invested € 10 million in TimeLog.
The goal of the partnership is to create a Nordic PSA power house by accelerating product development, becoming even more TimeLoggers and acquiring at least one company a year over the next five years.
First acquisition in place: TimeLog acquires AutoPilot
In March 2022, TimeLog acquired its first company: AutoPilot.
AutoPilot is a market leader in Denmark used by more than half of the Danish architects, and nearly that many engineers. It covers their need for time management, resource planning, pipeline, analysis and business intelligence.
The acquisition is part of a strategy to offer more niche solutions to our customers.
The acquisition of AutoPilot is the first after the investment from Viking Venture.
With the acquisition, we are more than 100 employees working from offices in Copenhagen, Aarhus, Aalborg, Kuala Lumpur, London and Stockholm.
Time is our focal point. Time is not only a part of our DNA, but our unique data modeling system too, which means that for every hour you register, you gain insight into your business so that:
- You know exactly what each hour is worth
- You can make decisions based on data instead of gut feelings
- You can focus 100% on the customers and projects that really add value to your business
- You have a complete overview of project finances - all the way down to the individual project, customer, department, or employee
The result? Your profit increases and you gain control of your business.
That's why TimeLog PSA is at the heart of 800 + companies' business globally.
'Discount offers' no longer steal the profit
RackPeople no longer lose profit to underestimated quotes thanks to TimeLog. As a bonus, they went from 70 to 99.9% invoicing of customer projects.
The CFO can fine-tune the business
Mølbak can see the value creation on ongoing projects and make ongoing adjustments.
”I see for which ongoing projects we make money, and for which we don’t,” says CFO Jacob Olsen.
How can we help you get started?
At TimeLog, we see you as a partner, and our success is based on more than 20 years of insight into workflows, processes, and challenges in consulting and advisory companies.
Here are a few of our initiatives to support you throughout your journey:
- Onboarding & implementation services
- Unlimited free support — through chat, email and phone
- Numerous integrations and more being developed all the time
- Inhouse team of developers who work tirelessly to give you more and better features
- User training, webinars and guides
- Online help center, articles, whitepapers and how to videos
- Blogs, e-books, & email newsletters with inspiration to exploit all the possibilities that TimeLog brings your organisation
Two entrepreneurs have an idea. "We're going to create the world's best time registration tool!".
The tool should bridge the gap that exists in the consulting industry: A single system that makes it possible to document your time, that is easy to use and that provides insight into the business.
TimeLog welcomes our first employee: Christoffer Lanstorp.
He is fortunately still here and has gone all the way from developer to team lead to Head of Product Management today.
... As we welcome our first 100 customers.
TimeLog establishes itself as a market leader in Denmark within SaaS-based time tracking.
We join forces with Malaysia's best developers and open an office in the city of Kuala Lumpur.
There are ten candles on the birthday cake!
We open an office in Stockholm. From here, we help customers with everything from consulting to sales and implementation.
We humbly receive the Børsen Gazelle Prize, which honours Denmark's fastest growing companies.
We throw our arms in the air in celebration and smile from ear to ear.
TimeLog is relaunched with a brand new design and a completely new user experience.
We break our cake record. Our belts pop with a record number of 83 cakes consumed in the office (not counting the goodies in the canteen) - primarily strawberry tarts and chocolate cakes.
That’s an average of 1.6 cakes a week.
TimeLog transforms from a time registration tool to a best of breed Professional Services Automation (PSA) solution. New features and products also see the light of day.
We introduce a free version of TimeLog: Time.
Time is targeted at smaller businesses who want to gain control of working hours, but don't need project management or invoicing systems.
TimeLog ushers in a new era including a new CEO, even greater focus on customers and focused goal management.
40 of our customers have been with us for 15 years. We celebrate our crystal anniversary with cake, kisses and hugs.
TimeLog is nominated for EY's "Entrepreneur of the Year" award.
The Nordic region's leading software investor, Viking Venture, has invested € 10 million in TimeLog. New adventures are on the way.
TimeLog acquires Danish competitor AutoPilot. AutoPilot is a market leader, and their solution is the de facto standard for architects and engineers in Denmark. The acquisition is also the first step towards more industry specific solutions in the TimeLog PSA platform.
With the acquisition of AutoPilot combined with strong organic growth in 2021 TimeLog now employees more than 100 employees.
We are excited to welcome you all - regardless of you're working from our office in London, Stockholm, Kuala Lumpur, Aarhus, Aalborg or Copenhagen.