TimeControl and ERP/Finance Systems

TimeControl links with ERP, Finance, HR, Payroll and other corporate systems.

Virtually every ERP and Finance System comes with its own timesheet yet, in some organizations these timesheets are never deployed. In other organizations ERP timesheets systems are deployed and become only one of several timesheets that are maintained.

The reason for this is often the single-minded purpose of the typical ERP timesheet as a time and attendance tool.

Most modern organizations have multiple requirements for a timesheet system. Data from timesheets may be used not just for payroll but also part of a project management system. Timesheets could also be used to support activity-based costing for government compliance reporting such as R&D tax credits, Defense Contract Audit (DCAA) agency tracking or American Recovery and Restoration Act (ARRA) reporting. Timesheet data may be part of Sarbanes-Oxley compliance or billing information and timesheets might be used by Human Resources to track vacation, sick leave or other types of non-working time.

TimeControl is a multi-function timesheet designed to serve the needs of the ERP/Finance system but also other requirements such as HR, Project Management, Billing and government compliance at the same time.

TimeControl's unique Matrix Approval Process for Labor Actuals™ allows approvals for HR, Finance and Payroll on the organizational side and Client, Account, Project Management on the Work side to be approved within the same process.

TimeControl is designed to integrate with ERP systems such as Oracle Financials, PeopleSoft, JDE, SAP, Microsoft Dynamics and with service systems such as ADP along with Project management environments like Microsoft Project, Project Server, Oracle-Primavera and Deltek.

It carries the auditable financial controls to ensure that the timesheet data is auditable and appropriate for immediate integration into corporate Finance/ERP processes such as Job-Costing, Human Resources tracking, Payroll, Billing, Sub-contract management, R&D tax credit claims, and capitalization for Sarbanes-Oxley compliance.

Using a single source of timesheet data for multiple purposes means:

  • No reconciliation between disparate timesheet systems;

  • Better auditability thanks to all systems always balancing;

  • Better staff efficiency by demanding few timesheet systems to be completed.

See the following resources to find out more about using TimeControl with your ERP system or contact a TimeControl representative and have us answer any questions you may have.

Related Content

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    This webcast looks at the challenges of selecting a single timesheet that can work with both your ERP/Finance systems and your project systems at the same time and shows how TimeControl can meet that challenge.

    Note: This webcast requires registering with the TimeControl/HMS Software website which is free.

    Log In/Register
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    This paper was delivered at the Oracle Applications Users Group conference Collaborate 2011 and shows how to integrated TimeControl, Oracle Projects and Oracle Primavera to deliver a single timesheet source for both systems and then on into Oracle Financials.

    Open Whitepaper