capture time & save money

Digital Time Capture“Industrial Timesheet Management”

www.digitaltimecapture.com

TM

Strategic AlliancePartner

Who We Are

“The defacto Timesheet Management Solution for the Industrial

Construction Industry”


The Industry

Every contractor responsible for capturing and reporting daily timesheet information.

Companies are obligated & legislated to pay their employees correctly and on time.

Accurately capturing all the required information within the time constraints is impossible without the right systems.


Examples


Function Challenge

Classification Override Employee’s role changes temporarily

Bonus based on Hours Partial hours worked

Turn Around Pay Starts late, leaves early

Misc. Lump Sum One time payment

Attendance Record Validation & Performance

LOA Who qualifies, who doesn’t

Capture, Calculate & Validate

Before posting to payroll

Why is Accuracy Important?

Cost of incorrect data – 3 to 5x greater

Tight time-lines, corrections are time consuming

Late or incorrect payroll can result in Penalties Disgruntled employees More time correcting and managing complaints


Case Study 1


Challenge Large contracting group

struggled to standardize the way time and payroll information was captured and calculated.

ERP system was not flexible enough to accommodate requirements from multiple subsidiaries, multiple project environment.

The Reality Inability to standardize

resulted in disparate systems (spreadsheets, customer systems to paper-based solutions). Costly and inefficient $175,000/yrs.

Case Study 1


The Solution DTC flexible project

centric model enabled company to standardize on one system that could be configured in each subsidiary to meet each specific project requirement.

The Benefits Time and payroll data for all 12 subsidiaries and all 55 branch offices is captured in DTC, validated and submitted weekly to JD Edwards for payroll processing. Savings of $150,000 annually.

Case Study 2


Challenge There are dozens of

pre-payroll items which need to be managed and calculated prior to correctly processing “craft” payroll. These items can be grouped into premiums, dues, benefits and per diems.

The RealityCurrently ADP customers in the industrial sector manage these items in spreadsheets and at payroll cutoff need to manually calculate and enter them into ADP.

Case Study 2


The Solution DTC empowers the

customers to take control of the management and calculation of the pre-payroll items. In turn this ensures that they are correct and seamlessly submit the payroll electronically to ADP for processing.

The Benefits This greatly improves

the overall ease of use and significantly reduces the effort currently required to manage the payroll process.

Case Study 3


Challenge Contractor specializing

in shutdowns was unable to accurately collect payroll data for weekly payroll cut-off. Contractor used spreadsheets & JD Edwards.

The RealityTwo separate jobs were fined in excess of $125,000 each for late payroll.

Case Study 3


The Solution DTC rapid data entry

screens enabled the contractor to quickly and easily capture and calculate accurate payroll source data and seamlessly submit the payroll electronically to JDE for processing.

The BenefitsContractor completed a 30 million dollar shutdown weekly payrolls were accurately processed on time. No penalties$5,000 outstanding at the end of the job.

Return on Investment


Increased timesheet/payroll accuracy

Reduce the effort required to accurately capture timesheet information

Avoid penalties and disgruntled employees

Return on Investment


DTC will save you $0.25 per man-hour

50 person crew = $27,000 year

DTC will save you $0.25 per man-hour

50 person crew = $27,000 year

Industrial Focus


Beyond Timesheets


Benefits of DTC


Beyond Timesheet Management

•Primavera Integration

•Equipment Scheduling & Costing

•Certification Tracking

•ERP Integration

•Safety Statistics

•Attendance/Evacuation Reporting

Why Integrate

Single Version of the TRUTH:

1. Ability to make decisions based

upon complete information

2. Ability to make quicker decisions

3. Increase operational efficiency

4. Reduce administrative costs

5. Increase collaboration between departments


Single Point of Entry


Plan/Schedule Financial/Payroll

Work Breakdown Structure (WBS) Financial Chart Field (G/L)

WBS & WFP mapped to Schedule

& GL

On-site Data Collection

“DTC provides daily cost reporting so that every team member understands progress relative

to cost and target across all projects.”

Easy Integration


WBS

Hours by Classification

Recommended Integration


API\Web Services

DTC

Regions

Digital Time Capture

Employees

Swipe In/Out

Timesheet

Validate


Who is On-Site


• Microsoft

• ADP

• Oracle/ Primavera

• Blackberry


DTC Partners

http://upload.wikimedia.org/wikipedia/en/6/65/BlackBerry_logo.svg

Next Steps


• DTC Demo

• Free Efficiency Assessment

Scott Cuthbert

Chief Executive [email protected] Ext 223


mailto:[email protected]

capture time & save money

Business

payroll data

payroll information

payroll processing

incorrect payroll

craft payroll

benefits time

weekly payroll cutoff

payroll cutoff need