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TimeStatement has proven to be an invaluable tool for users when it comes to generating professional invoices for their clients. Users …
Starting at $10 per month
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What is TimeStatement?
TimeStatement is a time tracking software designed to simplify and streamline time tracking, project timesheet tracking, and absence management. It is marketed as suitable for small and medium-sized businesses (SMBs), as well as freelancers and independent professionals. According to the vendor,...
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Basic
$10
Cloud
per month
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is TimeStatement?
TimeStatement is a time tracking software designed to simplify and streamline time tracking, project timesheet tracking, and absence management. It is marketed as suitable for small and medium-sized businesses (SMBs), as well as freelancers and independent professionals. According to the vendor, TimeStatement caters to a wide range of professions and industries, including engineering offices, accounting firms, consulting companies, legal firms, and IT and technology services.
Key Features
Project Timesheet: According to the vendor, TimeStatement allows service providers to easily and quickly record the services they provide, providing real-time visibility into employees' working hours on projects and enabling accurate and efficient billing.
Work Time Tracking: TimeStatement enables flexible and compliant tracking of employees' working hours, providing a clear overview of scheduled and actual hours, overtime, and absences, and generating comprehensive reports for time management and control.
Easy Billing: The vendor states that TimeStatement simplifies the process of creating and sending professional invoices, allowing customization of invoice templates to match corporate design, supporting recurring billing, QR invoicing, and handling multiple languages and foreign currencies.
Vacation Management: TimeStatement helps organizations efficiently manage and track employee absences, allowing employees to submit absence requests and managers to approve or reject them, with customizable absence categories and rules, and providing absence lists, reports, and monitoring of remaining holidays and absences.
Detailed Reports: TimeStatement generates comprehensive and detailed reports on various aspects of time tracking, providing insights into employee productivity, project performance, and resource allocation, helping identify trends, analyze data, and make informed business decisions, with support for data export and integration with other systems.
TimeStatement Features
- Supported: Automatic Time Capture
- Supported: Billable & Non-Billable Hours
- Supported: Billing & Invoicing
- Supported: Employee Database
- Supported: Employee Scheduling
- Supported: Mobile Time Tracking
- Supported: Multiple Billing Rates
- Supported: Offline Time Tracking
- Supported: Online Time Tracking
- Supported: Overtime Calculation
- Supported: Payroll Management
- Supported: Reporting/Analytics
- Supported: Timesheet Management
- Supported: Mobile Access
- Supported: Online Time Clock
- Supported: Salaried Employee Tracking
TimeStatement Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based, Android, iPhone, iPad |
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TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
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TimeStatement has proven to be an invaluable tool for users when it comes to generating professional invoices for their clients. Users have been impressed with the invoice generator, which offers a customizable experience by adapting to their preferred invoice layout. This feature allows users to easily create invoices that align with their branding and specific requirements.
One of the standout features of TimeStatement is the ability to generate invoices in either PDF or Word file format. Customers appreciate the flexibility this provides, as they can choose the format that best suits their needs. In particular, users who opt for Word invoices have found this option to be incredibly useful. It allows them to make further edits and customizations to their invoices, ensuring that every detail is perfect before sending them off to their clients.
By offering customizable invoice generation and the choice between PDF and Word formats, TimeStatement caters to the diverse needs of its users. Whether they prefer a quick and easy process or require additional flexibility and customization options, TimeStatement provides a solution that meets these requirements effectively.
User-Friendly Interface: Many users have found TimeStatement to be easy to use and navigate, allowing for convenient time tracking, invoice creation, and report generation. This user-friendly interface simplifies complex tasks and ensures a seamless experience for managing time and expenses.
Affordable Solution: Reviewers have mentioned that TimeStatement is both secure and affordable, making it an excellent choice for businesses looking to effectively manage their time without exceeding their budget. The affordability of the software enables organizations to streamline their time management processes while keeping costs in check.
Flexible Language and Currency Support: Users appreciate the multi-language and multi-currency support offered by TimeStatement. This feature has provided greater flexibility and usability across different regions and industries, catering to the diverse needs of users worldwide. With this support, businesses can easily adapt the software to suit their specific language requirements and conduct transactions in multiple currencies.
Limited customization options: Some users have expressed that they would like to have more flexibility in customizing the software to fit their specific needs.
Lack of integrations: Several reviewers have mentioned that TimeStatement does not offer a wide range of integrations with other software tools, which can be a drawback for those who rely on seamless data transfer between different systems.
Steep learning curve: A few users have found the initial learning process for TimeStatement to be quite challenging and time-consuming. They felt that it took them longer than expected to fully understand and navigate the features of the software.