Time management

OakTree Business Suite’s Registration of Hours module is of great importance for the correct completion of your employees’ and hired assistance’s salary processing. Moreover, often projects are invoiced on the basis of hourly pay, which forces you to know the exact amount that needs to be forwarded to your client. When it concerns an All-In price, the registration of hours will serve yet another purpose. In that case, all the hour spent will be used for the project’s subsequent calculation.

However, because of registering hours, we are convinced that your organization will operate more efficiently. Thus, your employees can be considered for a raised salary, deviating from the agreed upon price if, through no fault of your own, they had to wait 3 extra hours.

FREELANCERS and hired assistance

Furthermore, you and your financial administration need to know exactly which invoices can be expected from your freelancers and hired assistance. By registering the spent time, you can micro-manage the project time and performance-wise. This way you will not need to wonder why one freelancer states that he worked for 2 more hours than the rest of his team.

On top of that, when periodical reports are concerned, OakTree Finance automatically includes the invoiced work in your result, which allows your administration to almost exactly know which freelancer’s and hired assistance’ invoices are still to be received. Furthermore, this way you can easily register rate agreements and expense bills.

WEBPORTAL

To simplify registering hours for you and your employees, OakTree Business Suite provides the option to register hours via the internet. Only when your employees have obtained permission can they register hours to projects, submit cost estimates and if necessary submit expense bills. OakTree’s webportal is in real-time and up-to-date, which ensures that you stay on top of your project.

Flexibel HOUR RATES

OakTree Business Suite provides the option to handle forwarding the booked hours in a flexible manner. This way, you can determine a fixed rate for each debtor or client for either all employees (per function, if necessary), per separate employee or by assigning clients to rate-groups. Possible examples are Large Customers Rates or Event organizations, etc.

Besides this, it is possible to link supplementary charges to the labor. For 9 to 5 rates, different supplementary charges can be linked than to evening work hours, night rates or weekend supplementary charges. No matter what you can think of, OakTree supports a large variation of rates.