Timegate’s Finance Pack can introduce new levels of business maturity for you and your teams. Out of the box key functions include invoicing, crediting, 1/12th billing, ad hoc duty billing as well as other chargeable billing. With a little customisation or more complicated configuration, the module can be used to handle more complex routines and demands.
As with all Timegate Packs, the Finance Pack is designed to help you control costs, drive procedural efficiency and remove manual manipulation and human error. Being innate with Timegate it will also give you the real-time advantage that most interfaced solutions cannot.
The Finance Pack is concerned with three principal areas of your business; absence management, tax scheme (HMRC) compliance and financial integration.
Timegate is capable of providing your business with the rigid structures and processes it needs to comply with salary sacrifice schemes. If you have a scheme, or would like a scheme agreed with the HMRC, you will need to demonstrate that you are complying with the rules. Timegate provides you with this rigour and will, if required, allow you to make real-time claims, calculations and scheduling checks to remain compliant with the dispensations you have agreed.
As a technology house for support services providers, Innovise has designed Timegate to deliver richer controls over the areas of these businesses which matter the most. Often, and without being aware, costs are bleeding from a lack of control and visibility on planned and unplanned workforce absence. Timegate resolves this.
Transforming the complex billing process, Timegate’s Finance Pack provides seamless integration from operation to invoice, ensuring that you have robust financial management in place. Invoicing, credit notes, export to ledgers - Timegate delivers accurate workforce management data straight into the finance department, enabling finance teams to reduce their labour intensive processes, improve billing response and reduce Days Sales Outstanding (DSO).
If you want to integrate Timegate to any other system you use our Finance Pack; from here we will build you a report or an interface be it to Sage or to SAP. We're very experienced at building this plumbing between key systems as for many of our clients, consumption doesn't start and end inside Timegate.