Time America Job Costing and Validation Software Module
Overview
Gain better control over your business by knowing, at any time, where your labor hours and dollars are being spent and if those hours/dollars are running under budget. Job Costing is a powerful workforce management tool that goes beyond mere reporting to empower managers at any level with actionable information when it is needed most - at the point of decision. Job Costing provides managers with the insight they need to make workforce performance improvement decisions. Time America’s innovative Job/Labor Cost & Validation Module enables you to accurately track and attribute time and labor costs by department, job, operation, employee, and more. Up to Five levels of totals may be defined, each with its own user defined name. These additional levels allow for a more in-depth breakdown of cost information.
Hours
Know exactly how much time was spent in all areas of your operation. Recorded hours can be broken down by, employee, shift, department, job, step, operation, task and sorted in any order you request. Hours can further be broken down by regular time and up to three levels of overtime.
Wages
In addition to tracking and reporting hours spent within these areas wage or labor rates may also be applied to allow accurate recording of labor costs incurred. Actual employee wages or preset rates (including overhead) can be used.
Quantities
Keep track of quantities produced, accepted and rejected, and the labor associated with producing them. With accuracy and ease, employees can enter quantities produced, accepted and rejected as they are performing the work. The quantity report will show how much time, by department, employee, job, step, etc. was expended to produce a particular quantity.
Piece Rate
Used in conjunction with quantities, piece rate enables you to multiply a particular quantity by its assigned rate. A gross piece rate can then be reported by department, employee, job, step, etc.
Budgeting, Charge Rates & Forecasting
Immediately see if you are on schedule for the completion of any project. Forecasting takes into consideration the hours worked and dollars spent to date, along with the scheduled hours still to work, to come up with forecasted totals for any department, job, step, operation and task in the system. Forecasting can tell you if you will be over or under budget prior to the completion of a job. This allows you to adjust schedules to meet future requirements and avoid overpaying employees. You can enter budgetary numbers for both hours and dollars. These budgetary factors can be applied to each function within your business. Budgetary reports such as an Actual vs. Scheduled vs. Budgeted, report on the comparisons. In addition you can also enter charge rates. These rates are compared with budgeted, scheduled and actual wages paid to give you the complete picture
Validation
Eliminate key stroke errors, increase job costing accuracy, validate data entry through one of four formats: Visual only, Table validation, Visual and Table, Visual and Table with description. Download valid jobs, employees, levels, steps, and more to the time clock. These items can be verified by the time clock at the time of entry appropriately rejecting bad entries and accepting valid entries while optionally displaying the particular item’s name.
Features
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Empowers your managers with the insight into actual labor performance, allowing them to make valuable workforce management decisions.
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Align workforce performance with corporate revenue, cost, and profitability objectives
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Improve workforce productivity while reducing your total payroll costs
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Over 100 User definable reports
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Employees Can Collect Data From Any Remote Location using multiple data collection methods
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Completely integrated with Time & Attendance
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Compares Actual wages paid with input Budgetary, Scheduled and Charge rate factors.
Please provide your software serial number to retrieve the update code.
1 Year Warranty from Manufacture on the first year from purchase date. Optional extended warranty may be purchased.