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Research firms and consultancies can often work on projects that can last from months to years, whereas market research consultancies more often work on projects that extend over weeks and months.
Sage Timesheet is equally at home recording time on high volumes of shorter market research projects that last days or weeks as it is tracking time and expenses on more complex research projects that last for years and may be broken down into phases or stages.
TimeSheet is equally suited to tracking time in smaller, specialist market research consultancies, where time recording is against the client, project and activity as it is when used in larger research consultancies, with different departments and teams working on different types of research projects, perhaps for different sectors.
Billing for research and market research projects is normally based on a pre-quoted fixed fee, with stage payments on larger, longer projects. TimeSheet provides the perfect solution for analysing research project profitability.
Over time, the information that you will build up in TimeSheet provides an invaluable resource for estimating fees for future projects. Where the scope of a project changes and additional fees are chargeable based on time spent, then TimeSheet can provide the information simply and easily.
With quick and easy implementation, fast and accurate time recording, straightforward administration, full management control and comprehensive reporting, TimeSheet Professional is the time and expense tracking solution for research and market research firms with from 5 to hundreds of fee earners.