TimeTrak Newsletter – August 2022

Hi there

We are pleased to announce that TimeTrak 22.1 has been released. With lots of enhancements to functionality,

TimeTrak 22.1 is here!

This release has some great improvements to emailing within TimeTrak Professional and much more

Are you getting the most from TimeTrak?

In times like this all astute businesses are looking for efficiency and productivity gains, here are 4 major reasons why it is in your business’s best interest to regularly upgrade your TimeTrak software.

1. Staying Compatible:

New versions are released on a regular basis, keeping the software relevant to current best processes and practices. 

As new versions are released new functionality can be enabled, by regularly updating you have immediate access to the enhancements and new features this version offers. 

Staying on older versions decreases the likelihood of compatibility as you update your other software systems and is likely to increase your support costs.

2. Gaining the benefits of new functionality:

The TimeTrak team are constantly working to improve your end-user experience.  A new version release will provide you things like smarter functionality, greater visibility, improved process flows and speed – all of which increase your productivity and your bottom line.

3. Overall return on Investment:

Your business is forever evolving so your systems need to keep moving forward to ensure they continue to be efficient and effective.  Your Annual License fee covers the cost of research and development of TimeTrak which results in new versions being released. Staying on top of your updates minimises the overall cost of upgrading as moving from version to version is less complex.  Time lags between updates add complexity and increases support costs and your testing time.

4. Staff Training Reduces:

If you only upgrade sporadically, there can be significant changes to how the system looks and feels.

 It is far easier and more efficient for staff to learn incrementally.  Staying on top of your upgrades minimises the time required from staff to learn and adapt more easily to the changes.  

Ready to Upgrade?

Contact the friendly support team if you would like more information or a proposal to upgrade your TimeTrak platform.

E: support@timetrak.co.nz
NZ: 0800 12 00 99
AU: 1800 60 80 77

Contact the TimeTrak support team

Some Tips on End of Month Processes

Do you ensure that all time and stock is posted through to your ERP system at the end of every period?

One of the most common costly mistakes that can be made with TimeTrak is not ensuring that all time and stock is posted through to your ERP system at the end of a period.

It is recommended that all time and stock is posted through to the ERP system at the end of each month to ensure job profitability is correct and data is not left in TimeTrak unbilled.

For clients using TimeTrak for payroll purposes, it is recommended this process is completed at the time of processing payroll, and the previous payroll period is locked within TimeTrak, which prevents users from accidentally adding time into previous periods.

To check your unposted data within TimeTrak, you can run the below report within TimeTrak Professional:
https://timetrak.co.nz/reports/unposted-time-entries-and-disbursements/

The TimeTrak Support Team can assist with providing this data and business processes and training to prevent this occurring moving forward.

If your business has a lot of unposted data, the TimeTrak Support Team can also assist with options to deal with unposted historic unposted data. Contact us today:

Phone NZ: 0800 12 00 99 AU:1800 60 80 77 or via Email:  support@timetrak.co.nz