Post on 12-Jan-2015
description
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”
www.digitaltimecapture.com
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.
www.digitaltimecapture.com
www.digitaltimecapture.com
Examples
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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
www.digitaltimecapture.com
www.digitaltimecapture.com
Case Study 1
www.digitaltimecapture.com
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
www.digitaltimecapture.com
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
www.digitaltimecapture.com
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
www.digitaltimecapture.com
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
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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
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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.
www.digitaltimecapture.com
www.digitaltimecapture.com
www.digitaltimecapture.com
Return on Investment
www.digitaltimecapture.com
Increased timesheet/payroll accuracy
Reduce the effort required to accurately capture timesheet information
Avoid penalties and disgruntled employees
Return on Investment
www.digitaltimecapture.com
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
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Beyond Timesheets
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Benefits of DTC
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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
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Single Point of Entry
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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
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WBS
Hours by Classification
Recommended Integration
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API\Web Services
DTC
Regions
Digital Time Capture
Employees
Swipe In/Out
Timesheet
Validate
www.digitaltimecapture.com
Who is On-Site
www.digitaltimecapture.com
• Microsoft
• ADP
• Oracle/ Primavera
• Blackberry
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DTC Partners
29
30
Next Steps
www.digitaltimecapture.com
• DTC Demo
• Free Efficiency Assessment
Scott Cuthbert
Chief Executive Officerscott.cuthbert@digitaltimecapture.com780.454.3301 Ext 223
www.digitaltimecapture.com