As an integral component to any Human Resource system mptime has Resource Management, and Resource Tracking capabilities.  Mptime’s Resource Tracking supports managing billable and non-billable personnel and consultants

Resource Management
Mptime’s resource management features enhance your HR and Accounting systems by allowing you to manage billable resources whether they are internal resources or external resources such as consultants.  With mptime’s TimeAllocator and RapidTime, resources can capture and manage their time on a real time basis or after the fact.  Flexibility in use for your resources translates to improved accuracy of information entering your Accounting system by ensuring billable and non-billable time is complete and accurate.

Resource Tracking
Most organizations don’t have a clear picture of exactly how much it “costs” their departments to perform functions.  Resource tracking for reporting and charge-back purposes can provide a significant competitive advantage and allows management to make more informed business decisions. 

By utilizing a time and project system, these costs can then be charged back to the department that requested the work or sponsored the project.  The capability to perform inter-departmental charge backs can turn each department into a profit center, thus providing more thorough financial reporting capabilities and a more informed decision making process. In medium to large size businesses specifically, it is common practice to have departments perform functions for other departments. 

Mptime is designed to make charge-backs easy to configure and easy to use.  Mptime’s resource tracking capabilities make implementing charge backs easy, so you can quickly realize costs incurred when departments work on projects for/with other departments or business units.

Mptime’s resource tracking features allow your resources to enter time based on a project, activity, or optional task.  Utilizing mptime as Project Management software allows you to associate each project with a Department or Business Unit, depending upon your organization’s complexity.  Resources can be assigned to work on a project for any Business Unit or Department, not just their departmental projects.