TimeEd offers electronic invoicing

Electronic invoicing in TimeEd

TimeEd offers electronic invoicing that makes settlement simpler, faster and more secure for businesses that want to keep time, materials and invoicing in one place. The goal is to shorten the path from completed work to invoice and reduce manual work in daily operations. TimeEd is presented as a system that manages time, materials and rates in one place, simplifying invoicing and settlement.

With TimeEd, hours, tasks and material costs come together in one unified process. An employee can log work to the correct project or task and the cost follows the project into settlement. TimeEd's promotional material also states that billable projects can proceed into the accounting system and that full synchronisation is available with accounting systems where items are added directly to projects in TimeEd.

Example from daily operations:

If an employee goes to a building supply store and purchases materials, they state the project number at checkout. The cost can then automatically go to the correct project in TimeEd and flow into invoices and settlement. This means fewer gaps, better oversight and it becomes much simpler to ensure all costs are correctly passed on to the client.

Electronic invoicing is therefore especially well suited for businesses that want to reduce double entry, improve management of materials and time and connect work directly to accounting. When information about time, tasks and materials is gathered in one place, settlement becomes both faster and more accurate.