CARPE DIEM

Time Recording

Accurate time recording is key for professional service providers. It allows them to maximise revenue, adhere to good billing practices and meet compliance obligations. Although vital to the financial health of an organisation, correctly capturing all time spent on client projects is one of the most challenging tasks that busy professionals undertake. Carpe Diem is our innovative time recording solution. It helps professional services organisations, such as those in the legal and financial sectors, capture billable time from any location, at any time, on any device.

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>40% OF TIME
SPENT ON NON-BILLABLE TASKS
LIKE ADMINISTRATION

PROFESSIONALS CAN LOSE
UP TO 1 HOUR A DAY
THROUGH TIME LEAKAGE

THE VALUE OF THOSE LOST HOURS
CAN BE UP TO £65,000 PER ANNUM

Understanding key issues

CHALLENGES

Manual capture

Busy employees may work on numerous client projects every day. Any delay in manually recording time makes it difficult to accurately capture how much time was spent on each activity.

Mobile working

Having to return to a desktop to capture time makes it more likely that time will be lost and re-entering data from handwritten notes increases the burden of administration.

Fee setting

Many clients expect pre-agreed prices. Reliable data regarding time spent on project completion is a significant factor in correctly measuring the cost and profitability of projects.

Compliance

Professional billing must meet regulatory requirements. The task of interpreting billable time for every individual project takes time and puts additional pressure on staff.

Client satisfaction

With the advent of competitive online service offers, client loyalty is decreasing. Charges need to be detailed and accurate to remove the risk of client dissatisfaction or complaints.

How Time Recording can help you

FEATURES & BENEFITS

Ongoing software innovation and developments

PRODUCT UPDATES

We are always improving and innovating our products to deliver the best experience for our customers. Here are a selection of the latest updates.

  • Carpe Diem 7.4

    - New identification server to support the new mobile app

    - New validation module for Outside Counsel Guidelines and billing rules

  • Carpe Diem 7.3

    - CalendarView

    - Enhancements to Intelligent Time

    - Timepad, ability to submit time to different Timekeepers

    - Multi-day View to help users easily close all open entries

  • Carpe Diem 7.2

    - Intelligent Time

    - Smart Timers re-introduced into CDWeb

    - Timekeeper dropdown is searchable

    - Timekeeper settings option

News & Opinions

PRESS // 29-10-2020

Advanced Cloud solutions receive accreditation from ICAEW

by Amanda Grant, Product Management Director, Advanced

Advanced Cloud solutions receive accreditation from ICAEW
"68180"