Web based Timesheet: Return on Investments

Home : Web Timesheet and Expense

In order for an investment to benefit an organization, it requires an adequate return. Proper analysis of the return on investment on a software purchase is optimal.

Return on Investment (ROI) is calculated as: (Benefits - Costs) / Costs

We invite you to compare OfficeClip to other business management online timesheet and expense software. Investing in new software is a move which should be both well received and easily implemented. Try our Free Team Edition to help you evaluate our software; there is no time limit for 2 users and you can add more users free for 30 days. In addition, a one-on-one web conference could assist in assessing business needs.

OfficeClip confidently stands behind its wide-reaching applications and hopes your organization receives a superior gain.

Learn more about Web based Timesheet and Expense ROI Download Timesheet and Expenses Return on Investment Spreadsheet(.xls)

How does OfficeClip Web Timesheet and Expense improve ROI?

With OfficeClip Web based Timesheet and Expense, organizations should find increased productivity, communication and efficiency; reduced costs and a more organized system through automated controls, later follow up and review tools.

Increased Efficiency

Eliminates the manual, time-laden paper system. Costly hours will be significantly reduced with the use of OfficeClip's efficient timesheet and expense solution.

Eliminates Paper Distribution

Costs of toner, printers, and paper are reduced. Lighten the footwork associated with obtaining a timesheet, routing to the supervisor for approval, rerouting for further approval, distributing to payroll, and finally returning to the employee. For an expense sheet, similar tedious footwork is inevitable.

Reduced Miscalculation and Misappropriation Incidents

Hand written data is always prone to errors. Considering the process from time entry to pay distribution and deciphering script is an issue. Costly funds accrue from overpayment errors and payslip readjustment measures and the OfficeClip online Timesheet's adept reports garner reliable analysis, verification and disbursement.

Informed and Productive Employees

Employees can log on and check their time, expenses, vacations, and project assignments anytime, anywhere. This also frees management and human resources from continually answering inquiries.

Real-time Communication

Communication is improved with administrator rules, warnings, and effective routing mechanisms. When management is unavailable it forces employees to leave verbal or written messages, which is an unreliable source of communication. In addition, management can easily communicate notification of timesheet approval, resubmission, and project assignments to their subordinates.

Organized Allotment

Payroll time allotment and vacation tracking is easily viewed, sorted and archived.

Outstanding Security

Secure login and password offer the user privacy and exclusive access to their data.

Investment Cost

Investing in OfficeClip is reasonably priced. In comparison to our competitors, we offer an affordable and easy to use solution to benefit your organization.

  • OfficeClip Web based Timesheet and Expense License - Dependent on the number of licenses
  • Implementation Cost - OfficeClip estimates implementation requires one employee for three days.
  • Training
  • Support and Upgrade - Free for the first year, 20% every year thereafter.

Learn about web based Timesheet Pricing OfficeClip Web Timesheet and Expense - Pricing

How to use the ROI calculation tool?

Calculating the ROI requires enumerating the costs of employing the timesheet software against the benefits it provides. Although a perfect calculation for an organization is not always possible, we have created a spreadsheet calculator to assist you in computing your expected gains from OfficeClip.

ROI accounting methods are sometimes hard to measure because many collaboration benefits aren't quantifiable in a traditional sense. It might involve an hourly or head count measurement, rather than a dollar amount. At the same time, any investment must be profitable in order to reap. The ROI tool can be of some estimate of the provided return from investing in OfficeClip online Timesheet and Expense software.

Calculate the estimated Return on Investment (ROI) and savings your organization can expect with OfficeClip's Web Timesheet and Expense. Enter the values that most readily show your organization's current conditions. View ROI to evaluate your return.

How to calculate your ROI for Web based Timesheet Download Timesheet and Expenses Return on Investment Spreadsheet(.xls)

Related Links

web based Timesheet and Expense Manual OfficeClip Web based Timesheet Software User Manual: Html (with frames)

Note: To open the Windows Help Format file, download the file to your computer, Right Click on it and select Properties. Then click Unblock. After unblocking the file, it can be opened by double clicking on it in Windows Explorer.

Last Updated: Wednesday, September 01, 2010