Project Billing

The essential role of Timesheets in obtaining SR&ED credits could not be emphasized more strongly as the CRA has been multiplying technical audits in recent years.

It should be noted that a timesheet software is an essential tool for any service company. Even more, experienced managers consider their Timesheets as the cornerstone of their business.

More than ever, time management and billing issues are one of the main obstacles to the growth and profitability of service companies. It is one of the most important business functions, as essential as payroll, accounting or project management.

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Even today, the issues related to time management and therefore, billing, of the service enterprise are one of the main obstacles to their growth and profitability. The fact is that many companies are struggling to bill their customers properly, which has a direct negative impact on their EBITDA at the end of the month.

And contrary to the promises of reputable suppliers, even with a good ERP, project billing for service companies often remains a crucial issue for their profitability. More precisely, managers do not have a clear and detailed vision of the time and expenses carried out within the framework of their projects, hence the billing problem.

What are the main billing issues for the Service Enterprise?

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