"Especially during a recession, every dollar counts, no matter how big or small your organization,"
Press Media Wire (Press Release) - Feb 04,2010 - PressMediaWire - (San Diego, California) - "Especially during a recession, every dollar counts, no matter how big or small your organization," says Jeff Dracup, CEO of Equative, Inc. "The State of California—where we're headquartered—is now 21 billion dollars in the red. If the State used TimeLedger.com, our new "Budget Hawk" budget alerts feature could have notified California state employees of potential budget overages before they happened. Perhaps then the State wouldn't have to send out I.O.U.s instead of tax refunds." Dracup, whose company is located in San Diego, notes that TimeLedger.com isn't just for organizations the size of California. "Because it's a user-friendly, lightweight system that accessed via a web browser, TimeLedger is perfect for small business owners who are tasked with monitoring time and expenses," notes Dracup. "TimeLedger.com also helps companies capture labor costs as they occur—which allows you to invoice them immediately. And the sooner you invoice those costs, the faster you get paid. That's so important when it comes to small business cash flow." Adding budget alerts to TimeLedger.com's suite of features is "what our users wanted," says Dracup. "TimeLedger Administrators and Project Managers can now set unlimited Budget Hawk alerts for the total amount spent on labor, on expenses, and/or both combined. They can also set unlimited budget alerts for total time spent on a project. The system can send Budget Hawk alerts to any number of people at their email addresses or to their cell phones, whether or not they are TimeLedger.com users. Alerts can be set based on percent of budget (even over 100%) and/or fixed monetary or hour amounts." The system "allows you to enter time and view information from anywhere with Internet access," says reviewer Daniel J. Hobson, CPA, of CPA Software News. Hobson noted that the offline module "allows you to enter your time even when you don’t have Internet access." Hobson ranked TimeLedger.com with five out of five stars in his review. "Nowadays, everyone has to stay on top of the budget: that's across industries," says Dracup. "Our Customers are in fields of medicine, law, accounting, web-development, advertising, entertainment, insurance and banking. Customers also include U.S. and international schools, universities, government agencies and branches of the military. They're all looking for ease of use, and easy access to their data. That's why TimeLedger.com customers appreciate the software's web-based approach." So, would TimeLedger's Budget Hawk alerts be useful to the State of California? "Absolutely!" says Dracup. "But we'd rather not license TimeLedger to them until they start paying with cash instead of I.O.U.s." About Equative
Founded in 1995, Equative, Inc. began development of TimeLedger.com as an online web-based application shortly thereafter. The first version of TimeLedger was released in October 1998. TimeLedger is now updated and enhanced on a continuous basis. The solution is used in 34 countries world-wide, by customers as large as Fortune 100 companies and as small as sole practitioners. Some of Equative's Customers include Microsoft, Fedex, Mellon Bank, Guidant Corporation and Boston Scientific. This SEO press release was written and distributed by Imagine That Creative, Inc. Please contact our client directly with questions or interview requests.
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Equative
Jeff Dracup, CEO
Phone: (800) 239-2201 Ext:
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Press Release Keywords:
time,expense,budget,tracking,software,TimeLedger.com,Equative |
