AcroTrac® - XRMSMTime and Expense Management Solution
Management of workforce hours can be time consuming and complex. In fact, many companies do not have a process or system in place to accurately track the number and cost of their contingent and/or permanent workforce. XRMSM Solutions has developed a web-based Time Record Automation Center, AcroTrac®, to streamline and automate the collection of this data. Companies using the AcroTrac® can automate:
- Time and expense record collection
- Time and expense cost accounting/project accounting details
- Time and expense record review and approval
- Reporting capabilities on temporary and contract labor
The simple and easy to use on-line approval process replaces time-wasting personal visits by employees for review and approval of employee time and expenses. Current XRMSM Solutions clients are averaging 9 seconds for each time/expense record approval.
XRMSM Solution's AcroTrac® module allows employees to charge their time against an infinite number of cost or accounting codes.
The AcroTrac® Time Import Facility automates the entry of time records from external time reporting or project accounting systems.
To find out how AcroTrac® can help your organization manage the capture and approval of labor costs, contact us today.