Track your expenses with ease
In addition to time tracking, Timebeans also works as an online expense tracking software. This means it lets your team record and track expenses, bringing time and expense approval under one roof. Just like how the project time goes through the approval system, the recorded expenses also follows the same approval cycle and are always in a particular state (pending approval, approved, billed, etc.). The expense view displays, which expenses are approved and which are still pending to be approved and which are already billed to the client.
However the billing information is only available to the managers. Timebeans' smart and flexible and easy to use approval workflow module allows to place a strong governance over the approval of project time and expenses. The non-managerial approver roles provide easy and quick approval of ongoing project time and expenses before client billing without getting involved in project finances. This stands in contrast to the managerial roles who have complete insights to project finances.
The powerful reporting module exposes different aspects of expense tracking in a convenient way and allows managers an accurate picture of the on-going project expenses. The tightly integrated billing module ensures that all billable expenses are collected and nothing is missed to be included in the invoices.