TimeControl® is an enterprise timekeeping system designed for project environments. Its state-of-the-art architecture makes it an ideal choice for a corporate timesheet system, fulfilling the needs of Finance while servicing the requirements of Project Management.

Since 1994, hundreds of firms, both large and small, have adopted TimeControl and are realizing the benefits of standardizing on a corporate timesheet system with this level of functionality. Over the next few pages you'll see how TimeControl has benefited these clients and how it might apply to your organization.

We have divided our analysis into a number of categories starting with the Capitalization of Costs and R&D Tax Credits. The methods for delivering each of these analyses are similar. Next, we'll look at how TimeControl can be used to reduce bureaucratic costs of the annual financial audit or for collecting costs for use in Budget vs. Actual reports. By looking at the costs associated with using an automated vs. a manual timesheet system, we'll examine the potential savings to an organization simply by being more efficient in how it collects timesheet. Some of the data for this analysis comes from the American Payroll Association. We'll also look at how using a single timesheet system, such as TimeControl, can eliminate the costs and inefficiencies of using multiple timesheet systems normally used to serve both Project Management and Finance. Later, we'll discuss the potential savings in efficiency of being able to identify what people actually do with their time and we'll look at a variety of compliancy requirements that many companies must follow and show how TimeControl can help meet those requirements.
Finally, we've included some analysis from another HMS white paper called Buy it or Write it which compares the costs of writing your own timesheet system to the costs of buying TimeControl.

In each of these categories we provide a short description and then identify how using TimeControl can help overcome the particular challenge. Wherever possible, we include examples of the potential savings or impact. You'll also see throughout the document, quotes from some of our clients. These quotes have been taken directly from client testimonials or case studies which are posted, in their entirety, on the TimeControl website at www.timecontrol.com.

We hope this will be useful in your evaluation of TimeControl.

Description
Some of the costs to an organization each year can be viewed as an investment in an ongoing asset. If the benefits of the deliverable being worked on will be returned to the organization over a period longer than a year, this may be the case. With the remarkable investment now being made in internal computer systems and facilities for delivering goods and services more effectively or on-line, many companies are investing in systems that fall into the capitalization category. The impact on an organization's financial statements of accounting for work in this way can be significant. Only by precisely accounting for the work that is done on the capitalizable tasks can an organization account for such work in a fashion which will be accepted by its auditors.

Benefits of using TimeControl
TimeControl allows an organization to identify costs which can be capitalized. By capturing the labor costs of each such activity and showing an auditable account of what tasks were capitalizable vs. those that were not, the financial statements of the organization can be vastly different.

Costs that are capitalized are shown on the balance sheet as assets. For example, if a company creates software that will be used over a period of years to provide on-line services to its customers, the actual software will become a company asset. The expense portion of the costs will be only the depreciation that is attributed to the current year.

Example:

Without Capitalization

Expenses
Annual Revenue:	$85M
Non-capitalizable expenses:	$80M
Capitalizable expenses:	($10M)
(Loss)	($5M)

With Capitalization

Expenses
Annual Revenue:	$85M
Non-capitalizable expenses:	$80M
Depreciation on asset:	$0.4M
Profit	$4.6M

As can be seen here, the difference in the profit/loss for a single year can be remarkable. While using this accounting method doesn't invent cash, if you are placing a company for sale or if the valuation of a public company or a company trying to become publicly traded is important, this method is not only preferable, it is required by the SEC (Securities and Exchange Commission) to account for internal software development in all publicly traded companies.

This type of activity-based accounting can only be done when actual costs are accounted for activity-by-activity. A simple list of salaries or time and attendance records is insufficient to provide the data required. The vast majority of costs in such claims arise from labor costs, so it is essential to determine what employees were doing with their time, not just how much time they have been paid for.

Companies that do not implement an activity-based time recording system are reduced to accounting for the time by estimate. The most common method is the "cut-out" method by which management attempts to account for all the time that was not spent on R&D type work then makes assumptions about how much work must have been spent on R&D. This method opens the company up to R&D tax claim adjustments.

Major accounting firms such as KPMG usually make a contingency account to allow for the expected future reductions in such tax claims. A typical contingency is 30% of the total claim. Below is an example of the impact on an example tax claim.

Reduce the risk of claim adjustment due to unauditable data.

Benefits of using TimeControl
TimeControl allows tasks to be coded for R&D as eligible or not eligible. Once the year is complete, TimeControl can deliver reports for auditing, for the tax department and for management which can identify all eligible costs. An example of a standard report requested by R&D tax claim auditors is a report which identifies 100% of personnel, which totals exactly to the payroll records and which lists hours per week for each individual according to eligible vs. non-eligible tasks.

Example of an adjusted tax claim:
500-person company
50 technical personnel
Average cost per technical resource: $60,000 / year
Total technical costs:    50 x $60,000
                      =  $3,000,000
Total R&D-oriented costs: $1,000,000 (33% of total technical costs)
Total R&D claim $650,000 (based on approximate Canada/Quebec R&D claim)

Possible amount lost to adjustment for inaccurate R&D claim: $195,000
(based on 30% average contingency usually allowed for by major accounting firms)

The cost of a 500-user TimeControl system to be used by 100% of existing staff members is $40,000 which makes the cost/benefit calculation an obvious one. The potential for reduction of the claim is $195,000. The cost of purchasing a system which could eliminate the risk of that reduction is $40,000. Of course, just like insurance, you won't know if your claim is going to be reduced until it actually is. By then, it's too late to do anything about that year. Remember, claims can usually be adjusted up to several years in the past so the sooner you begin tracking time properly for this function, the sooner you will remove this risk.

There is, however, another element that is not obvious-the actual costs, which could be attributed to R&D, might be significantly higher. New TimeControl users often report that they have discovered additional R&D costs that are eligible for tax claims that had not previously been identified.

Benefits of using TimeControl
TimeControl can significantly reduce the costs of such audits by providing auditable data. Each line item of TimeControl timesheet data is identified by the user who entered it. This provides annual auditors with clearly management proof of where data came from and how it was approved or modified.

The purposes of checking timesheet data depends on what it is used for.

Auditing wage data
In an organization that has waged-based employees, TimeControl gives auditors a clear report of what overtime was paid for and how it was calculated. Timesheets that include overtime may have been checked using automated validation rules that allow a system to verify, at the source, that all business rules for claiming overtime have been followed. This may reduce unjustified overtime payments and allows auditors to quickly determine that all overtime has been verified by the system.

Auditing salary data
Although there is no need to check salary data to ensure that people were working, salary costs must often be audited for one of several reasons. If salaries are used for R&D for capitalization, then there is no question of having to track this data by activity. In order to accrue sick time, vacation time or personal time, this is also required. In order to audit for billing time, salary data is also relevant.

Auditing and accruing sick and vacation time
Staff sick leave, vacation time and personal days allowed are taken throughout the year. If this time is not properly accounted for in a centralized timekeeping system, then any time that has been accrued throughout the year must be accounted for from the basic payroll data or from other HR or manual sources. TimeControl allows this time to be tracked directly and, because it has been approved each week, validating the data and the end of the year is a simple matter of printing the report.

Auditing billing data
If the organization does either external or internal billing of its services, then billing values may need to be checked against total hours billed vs. total hours not billed. Also, at any time, external or internal clients may question an invoice and the justification invoice may need to be reconciled with the original timesheets.

Verifying capitalization values
If you are capitalizing costs for such things as internal software development (as must be done in the US by publicly traded companies), then determining the exact value of that capitalization can take an enormous level of effort. In particular, labor-intensive capitalization efforts are difficult to calculate and then verify if actual labor costs have not been tracked by task throughout the year. With TimeControl, this value is immediately available as a report. This alone can reduce audit times by several weeks.

Preparing R&D claims
If you are preparing a tax return which includes any labor entries, such as for an R&D tax claim, then you must be able to verify what time was spent on those tasks which represented your R&D claim. This is impossible to do using only a time and attendance system, but TimeControl tracks this data easily. Just use one of TimeControl's many codes to identify which tasks are eligible vs. not eligible and the reports for such tax claims are automatic. This alone can reduce the audit for year-end tax reports by several weeks.

Benefits of using TimeControl
TimeControl's rates functionality includes the ability to manage as many as 1300 different rates per employee. Each rate code tracks an internal rate (such as actual wage or salary costs) and an external rate (such as billing or project cost). By using this functionality, TimeControl is an excellent tool to support banked time. Time to be put "into" the bank can be identified by using a particular rate. For this rate the internal value would be 0. For the external cost, the value would be the standard billing cost. When time is taken out of the bank, a second rate code is used, and then the internal cost is positive and the external cost is 0.

At any time, a report can be generated which is filtered to show only these special rates. This creates a report that shows two lines per employee (for any division of employees desired), and provides easy identification of how many total hours were placed into the bank and taken out of the bank.

TimeControl's validation rules allow business rules to be transferred to each user. If there are restrictions on how banked time can be taken, then they can be defined through these rules. This allows the approval of using banked hours to be tracked by the end users themselves. Rules, such as not being able to take any banked time off until you have at least that many hours in the bank, or limiting the total number of hours that can be banked at any time or taken off at one time, can be defined through TimeControl's validation rules. End users are notified immediately if they exceed one of these rules and can correct the error before the data is even accepted into TimeControl.

If this data must be audited at the end of the year (and it virtually always must be), then TimeControl allows an easy audit of the data since it's tracked 100% of the time.

Benefits of using TimeControl
TimeControl links to many project management systems, such as Microsoft Project, Project 2000, Primavera's Project Planner (P3), P3e and TeamPlay, Welcom Software's Open Plan and Cobra, Scitor's Project Scheduler 7 and 8 and ASTA Development's POWERPROJECT teamplan. Even when not linking TimeControl to a project scheduling system, tracking the actual costs per project can provide remarkable advantages.

One of the first advantages of such a system is that the true actual costs are returned to the project system. When an activity-base timekeeping system is not used, actual costs on a project can only be estimated. One of the first benefits noticed by project managers when TimeControl is implemented is the discrepancy between the amount of time that is billed against actual project work vs. the amount of time which is lost to overhead time.

By tracking time through a centralized timesheet, another immediate benefit is that the actual time spent on different projects can be identified. This is often the first time that management discovers that resources that are expected to work at a particular load level, per project, do not.

By tracking actual labor costs, a variety of project management reports become possible, including:

• Budgeted cost vs. Actual cost variance reports
• Resource load vs. Actual resources used
• Actual resources spent per person per project
• Average actual cost per resource vs. Budgeted cost per resource

Tracking true actual labor costs per project allows project managers to make more effective decisions on the deployment of resources.

Benefits of using TimeControl
TimeControl's easy to use export function allows the data for such reports to be exported. With its multiple links to project management tools, delivering project vs. actual variance reports can be automatic. It is typically inside the project management system where the budget has been recorded. When actual costs are transmitted back to the project management system by task and by resource, the cycle of creating a budget vs. actual variance report is complete.

A budget vs. actual variance report can reveal data that is not immediately obvious by looking at only the project schedule progress or the actual costs incurred. In a project environment, the finance department becomes concerned when it sees cash being expended at a higher than anticipated rate. With no other data or analysis to guide it, Finance may request that the project be changed because of a perception of overspending.

A budget vs. actual report, which has, as its actuals, the same data that Finance uses for its own purposes, will show spending that is occurring at a pace different than projected. This may not mean that the project is now over budget. For example, if a project is proceeding ahead of schedule, the cash expenditures might be higher than had been anticipated for a particular period yet the project might in fact still be under budget, just moving faster than expected.

A budget vs. actual report can also reveal when projects are not proceeding on track. A trend to spend more and more labor costs than had been anticipated can be caught early using this type of report and corrective action can be taken.

Budget vs. actual reports can also help in improving the planning and estimating process. When the true actuals are regularly displayed against the original budget, and when historical data is tracked, a review of planned vs. as-built project data can reveal areas that are consistently not planned realistically. The improvement in efficiency can benefit the entire organization.

Description
Efficiency of labor can be realized through a timesheet system through both the ability to identify labor costs by task and the inherent effectiveness of using an automated timekeeping system.

Benefits of using TimeControl
TimeControl allows the tracking of time by task, but also allows each task to be categorized. By summarizing this data on a regular basis, Management gets a perspective on the costs of certain categories of work. One of the first benefits realized by TimeControl users comes from identifying how much time is being spent on overhead tasks or redundant tasks, such as meetings. A simple directive to ensure that meetings are held only when they are required can deliver almost instant efficiencies.

Lost Time Savings
Studies conducted annually by the American Payroll Association have shown that the average employee is overpaid for 4 hours and 5 minutes of unauthorized or unearned time each week. Lets take an example of a 100-employee company where the average wage is $8.00 per hour. Let's assume that this company does not have average employees and that lost time adds up to only an hour per week.

Example
In this example, the annual savings to the company would be:
      100 Employees
     x 1 Hour
     x 50 Weeks per year
     x $8 hourly wage.

= $40,000 / year of total lost time savings

Benefits of using TimeControl
TimeControl is designed to serve both Finance and Project Management. This allows TimeControl to take the place of multiple timesheet systems, at once. With a single system that can provide the required data to Finance and to Project Management, reconciliation is not required. Perhaps for the first time, the data used by each group is from the same auditable source. Even if the perspective of the users of the data or analysis from this data is very different, the assurance that it is the identical data results in tremendous efficiencies in labor.

These efficiencies result from:

• Reducing the overhead of managing multiple systems. System administrators, IT personnel, even computers and network traffic are reduced.
• Eliminating the effort spent at attempting to reconcile such systems. If this effort is underway it is often fruitless and, worse, takes an enormous effort. The employees involved can be put to work doing something productive.
• Eliminating the need of some employees to enter multiple timesheet systems. A timesheet for project use and a timesheet for financial requirements such as payroll are not unusual. Expending this effort by users can realize a tremendous savings in useless labor.
• Providing data from the same source to multiple external systems, such as ERP, Accounting, Billing and Project Management. This reduces total audit times and eliminates the arguments over real project costs that can occasionally arise between the project and financial departments who view data from very different perspectives.

Description
Many organizations make excessive efforts to collect and approve data for Payroll and Human Resources purposes.

Benefits of using TimeControl
TimeControl has multiple functions that reduce the effort of collecting labor costs. First, the ease of use of the end-user timesheet makes entering data very fast and very simple. TimeControl has adopted a philosophy that tailors the interface to be appropriate to each user. The web interface can be quickly accessed from any browser. The system is simple enough that end-user training is not required. A simple drop-down list of tasks ensures that the charge items selected are all existent and accurately entered. Timesheets can even be pre-populated based on the project(s) schedule.
The automatic validation rules ensure that data that is accepted into TimeControl already conforms to the organization's business rules. Once data is collected, it can be approved through multiple levels in the system. An easy-to-use Accept/Reject method ensures data is approved quickly. TimeControl's unique Matrix Approval Process for Labor Actuals™ allows both project managers and finance personnel to approve timesheets within the same system allowing project managers to ensure that the correct tasks within a project have been selected.
Tracking missing timesheets is done through the Missing Timesheet report and the Missing Timesheet Email Notification function. These allow supervisors to determine if a timesheet has been entered or not, and also to identify where it might be stuck in the approval process. In many cases, the use of these functions has allowed a timesheet approval process to be significantly streamlined, resulting in department personnel able to devote their time to more productive work.

If you haven't yet automated your timesheet system, the savings can be even more significant. The American Payroll Association does an annual study to determine how much time manual timecard totaling takes your department head or payroll clerk. They estimate that this tedious work takes approximately seven minutes per card. An automated system such as TimeControl can reduce this to a minute or less. If validation rules are used, this effort can be reduced to zero. If we assume that we reduce the effort to one minute per card, the savings add up to six minutes per card of time for each and every timesheet cycle. If we take the example of a 100-person company where payroll clerks are paid $10 per hour, the savings can be defined as follows:

      100 Employees
     x 6 Minutes/card (= 600 minutes per week or 10 hours of supervisor time)
     x 50 Weeks per year
     x $10 hourly wage for a supervisor
= $5,000/year of wasted department manager or payroll clerk time

Benefits of using TimeControl
TimeControl includes the ability to report on these standards. TimeControl tracks costs per task and with a multitude of rate codes. This allows time spent by category to be quickly identified per person. TimeControl's filters allow a rolling 17-week calendar to be attached to a report where the summarized costs of regular time and overtime can be immediately identified. In addition, any exceptions to the EEC work rules can be included in a filter allowing HR personnel to immediately identify any employees who have exceeded the requirement rules.

Purchasing TimeControl (100 users)

	Year 1	Year 2	Year 2
Cost of TimeControl (100 licenses)	$11,500	$0	$0
Annual Maintenance	$0	$0	$0
Support/Upgrades	$0	$2,300	$2,300
Total	$11,500	$2,300	$2,300
Cost Per user per year	$115	$23	$23

Purchasing TimeControl (1,000 users)

	Year 1	Year 2	Year 2
Cost of TimeControl (1000 licenses)	$70,000	$0	$0
Annual Maintenance	$0	$0	$0
Support/Upgrades	$0	$14,000	$14,000
Total	$70,000	$14,000	$14,000
Cost Per user per year	$70	$14	$14

Writing your own Enterprise Timekeeping System
To write your own enterprise timekeeping system with functionality comparable to TimeControl using the same language, databases and other tools would require the following investment:

	Year 1	Year 2	Year 2
Development Cost*1	$90,000.00	$0.00	$0.00
Programming Tools	$5,700.00	$0	$0
Tools upgrades	$0	$2,280.00	$2,280.00
Ongoing internal support of system	$0.00	$22,500.00	$22,500.00
Total	$95,700.00	$23,850.00	$23,850.00
Cost Per user per year	$957.00	$23.85	$23.85

Writing your own Enterprise Timekeeping System
To write your own enterprise timekeeping system with functionality comparable to TimeControl using the same language, databases and other tools would require the following investment:

	Purchase 100 TimeControl System	Purchase 1000 TimeControl System	Develop In-house System
3 Year Total Cost	$14,600.00	$98,000.00	$143,400.00

Assumptions

• A departmental timekeeping system would take approximately two work-years. The amount of money is based on two fulltime years of two programmers salaried at $45,000 each.
• Development includes system design, programming, testing, minimal on-line help and minimal documentation.
• It is assumed that for a custom system, only the minimal functionality for that organization would be created, not the full functionality of TimeControl.
• The estimate is for a 2-tier client/server Windows interface, and does not include Java.
• It is assumed that qualified programmer/system analyst personnel are available, who already have some understanding of design requirements.
• A custom application would typically require minimal documentation and on-line help. It is assumed that only the minimal work required would be done in this area, not the help/documentation effort done for a commercial application, such as TimeControl.
• There is no allowance for major new enhancements to the system. Ongoing technical support (bug fixes, minor feature enhancements, etc.) would require approximately 50% of one programmer. We have allotted this at 50% of a $45,000/year salary.

If you decide to move forward with a custom implementation, there are a few implications to consider:

Customized Development	TimeControl
Delivery of your customized system and the start of your implementation process will be at least one year from the start of the project.	Delivery of TimeControl could be within 24 hours
Programmers and Systems Analysts must be available to do the project. In addition, during the design and testing phase, many other personnel will need to devote time to determining the system requirements, approving the specifications, testing the system through various quality phases, etc. There is no allowance in our model for these costs. In addition, there is no allowance for the project management costs of the project. With many companies devoting their I/S resources to Year 2000 projects, these resources may be hard to come by.	TimeControl is already written. It is deliverable instantly with no programmer/systems analysts required.
Features in a customized system will often not include market-driven enhancements found in commercial systems. This places the customized system in perpetual competition with commercial systems that advertise regularly, yet there is no allowance for continual improvements to the customized system.	As a market-driven system, TimeControl will be continually upgraded and enhanced.

Defense contract payment delayed due to not being DCAA-compliant
Problem
The Defense Contract Audit Agency (DCAA) is a US government agency that is responsible for ensuring that defense contracts in the US are properly accounted for. They have devised specific criteria for tracking labor costs that are the riskiest elements of any mega-project. These criteria include a requirement to track project time using very specific rules.

How TimeControl can solve this problem
Implementing an automated timesheet system is virtually the only way to have a chance at complying with DCAA rules. TimeControl was designed to comply with the DCAA. Validation rules ensure that that all business rules are supported by the end users themselves. DCAA-compliant projects are virtually always large in size with many employees and contractors to be tracked. TimeControl includes extensive auditing functionality which must be included in order to be compliant.

R&D claim reduced because hours can't be justified
Problem
R&D tax claims have been reduced because the exact costs cannot be proven to the tax department. A tax audit of an R&D tax claim virtually always includes a request to identify timesheet data. If this is not available, then the claim is made using estimates.

How TimeControl can solve this problem
TimeControl is ideally suited to provide an audited record of time spent on R&D efforts. Tasks can be identified as eligible for R&D, or not by using one of an unlimited number of user-defined fields. Providing a list of all labor costs by eligible vs. non-eligible categories becomes a matter of minutes, not weeks.

Multiple project management timesheet systems inefficient
Problem
It is quite common to find that organizations have implemented multiple project management systems. This is because the selection of project systems is often not done at the corporate level. It is made department by department, or even project by project. The result can be multiple project updating systems which are each tied to their own project management system. This can result in redundancy where an employee who works on two projects must actually fill in more than one timesheet or where data can only be reconciled between systems with tremendous effort.

How TimeControl can solve this problem
TimeControl is designed to work with multiple project management systems, simultaneously. This allows a mix of such systems to be supported by the timesheet, at the same time. TimeControl supports Microsoft Project, Project 2000, Primavera's Project Planner (P3), P3 for the Enterprise, (P3e) and TeamPlay, Welcom Software's Open Plan and Cobra, Scitor's Project Scheduler 7 and 8 and ASTA Development's POWERPROJECT teamplan. Also, TimeControl includes an importing and exporting ability from generic systems such as Excel, or internal systems.

Overhead time cannot be measured or is excessive
Problem
It is a tough question for which many managers don't have an answer: How much time is being spent on overhead? This value is often estimated and it's often wrong. Even if the amount of time that is being spent on non-billable or non-project task can be determined, it is often impossible to see exactly on what that time is being spent.

How TimeControl can solve this problem
TimeControl's activity-based structure allows an unlimited number of easy-to-select options to be available on a timesheet. This allows users to account for much more of their time than is otherwise possible. Also, TimeControl's validation rules can provide warning messages to users who are recording an excessive amount of time to non-allocated tasks. This encourages employees to at least identify where they are spending their time. One of the first benefits that new TimeControl Administrators report is that, by reviewing where overtime is being spent, they have been able to reorganize or to reprioritize work to allow users to focus on more productive tasks.

Company finds it difficult to comply with FMLA rules
Problem
The Federal Medical Leave Act (FMLA) in the US has strict criteria for how many days an employee is entitled to take off for specific purposes. Employers are obliged to track time taken for these purposes, by employee.

How TimeControl can solve this problem
Since the total values tracked are a running total for a long period, the only way to effectively track this data is through an automated system. TimeControl's ability to categorize tasks makes complying with the tracking requirements of the FMLA very simple. Multiple task categories are created within TimeControl and they are each categorized using one of the unlimited number of user-defined fields. Totaling the values for these types of tasks per employee then becomes very simple. A report is made that filters only these tasks and can reveal, at any time, the status of these hours taken by any employee. Also, TimeControl's validation rules can be employed to ensure that users enter only off-time which they have earned. For example, an employee who is sick but has used all of the allotted sick days off might be allowed to take a personal day instead of having a pay reduction.

Founded in 1984, HMS Software's expertise in implementing enterprise project-oriented and activity-based-costing systems is recognized worldwide by some of the world's largest organizations. Project oriented products and services from HMS have been used to plan some of Canada's most recognizable products including the Hibernia Oil Platform, Hydro Quebec's James Bay development, Ontario Hydro's nuclear station refurbishing and InterProvincial Pipeline's cross-country pipeline network.

HMS's signature product, TimeControl, an enterprise timekeeping system designed to serve the needs of both Finance and Project Management, is distributed worldwide through an extensive list of distributors and dealers located on every continent with representatives in the US, the UK, Australia, Mexico, Europe, Asia, South Africa and the Middle East.

TimeControl provides organizations with accurate financial reporting and timely project information. TimeControl operates across almost all hardware platforms, integrates seamlessly with many project management systems and with virtually all finance systems.

HMS Software's client list includes some of the world's leading corporations in the telecommunications, IT, finance, engineering, defence/aerospace and government sectors including such organizations as Bombardier, Canadair, EDS, Global Crossing, Credit Suisse/First Boston Bank, Ericsson, the US Navy, Hydro-Quebec and the London Clearing House.

HMS maintains offices in Montreal, Quebec and Toronto, Ontario.

TimeControl First published by HMS in 1994, TimeControl has been adopted as an enterprise-wide timekeeping system by clients around the world. TimeControl is designed specifically as an activity-based-costing application and includes such features as hierarchical user structures to allow for multiple levels of timesheet authorisation and an open data architecture which makes the product ideally suited for integration with existing data systems in any organisation. TimeControl is a true client/server system supporting Oracle, Sybase, Microsoft SQL Server, InterBase and Informix. It includes both a Windows and a Web-based interface. TimeControl Express is a Palm Pilot-based interface for TimeControl.

Strategic Services In addition to being a publisher of enterprise timekeeping software, HMS provides a full range of support services including technical support, training and consulting tailored to meet clients' specific needs. HMS Software consultants are skilled in activity-based-costing, timekeeping methodology, project management techniques, cost management as well, of course, in the HMS-supplied products.

For more information about TimeControl, visit our website at: www.timecontrol.com.