It’s About Time! The Journyx Blog

For most software and business consulting organizations, having an effective and efficient Professional Services team is a critical component to driving the profitability and success of the company.  Most Professional Services departments assign resources to complete projects or tasks to deliver value to their customers. An important part of measuring that value is measuring the amount of time and effort resources spend completing those projects and tasks.  Time and effort data feeds into several critical KPIs that Professional Services companies and teams need to be measuring against, such as Billable Utilization and Estimate to Actuals Ratio. If you aren’t measuring time and effort in an effective and accurate way, you simply won’t be able to how profitable your projects are. A common list of questions that your leaders within your Professional Services team will ask when considering the time and effort spent on projects are: What are our projects costing, and are they on budget? Wha Read More

One of the first things that comes to mind when I hear the phrase “Artificial Intelligence” are movies like I, Robot and Chappie. Films like these have given the idea that AI can, and usually will, go horribly wrong. Not all AI is going to turn on us and try to enslave the human race. Most of us use AI on a daily basis and don’t even realize it. Read More

Frequently, when I work with accounting teams, they all have one glaring objective: get users’ time records into the accounting software quickly so that they can process payroll and billing. Often, I hear the same cringe-worthy story: companies have been collecting timesheets either from Excel or paper sheets and manually reentering that data into their accounting platform. Read More

Coordinating time tracking efforts across an organization so that everyone can get the information they need, while also tracking data in a consistent manner, is always tricky. Even the groups focused specifically on project time tracking have some conflicting needs that can be difficult to reconcile. On one hand, you have financial professionals who need to run project accounting analyses on high level costs and profitability. On the other, you have project management professionals who have to plan and track the work at a detailed level. Read More

In pharmaceutical, software development, or engineering organizations, having an effective and efficient R&D department is a critical component to driving the profitability and success of the company. Most R&D departments assign resources to complete projects or tasks to determine what value the organization can deliver to their customers. An important part of measuring that value is measuring the amount of time and effort resources spend completing those activities. Read More

Reviewers have spoken, and TrustRadius has awarded Journyx as a 2018 Top Rated Time Tracking Software! Read More

I would not rate filling out my timesheet as one of the tasks I look forward to with breathless anticipation every day. Even as an employee at a time tracking software company, it’s another task I have to add to my to-do list and carve out time in my already hectic week to do. I’ve talked about in a previous blog post how employees hate tracking their time, and unless you’ve devised a super-creative, fun, and incentivized way for them to fill out and submit their timesheets, it’s probably not something they’re ever going to love doing, either. There are several reasons for this I’ll reiterate here: Read More

Here’s the situation: project managers need to manage their projects and resources, complete with project actuals, in Microsoft Project. Meanwhile, accounting needs to measure project costs in Dynamics for project accounting purposes. This has proven to be a challenge. Project managers have to add project actuals into MS Project manually. In addition, they don’t have a way to keep track of project resources outside of Dynamics. Read More

For us, our most important stakeholder is not our stockholders, it is our customers. We’re in business to serve the needs and desires of our core customer base.  — John Mackey Profit in business comes from repeat customers; customers that boast about your product and service, and that bring friends with them. — W. Edwards Deming This is the fourth and last post in my series on Key Performance Indicators (or KPIs) that I believe your company should start measuring and using.  My previous posts have covered KPIs for the following groups: Marketing and finance Professional services Engineering To round out the series, I’m recommending KPIs to start measuring for your Client Management and Support teams. Read More

It’s not about being the best. It’s about being better than you were yesterday.  — unknown For the last few weeks, we have been exploring the Key Performance Indicators (or KPIs) that your company should start measuring and using, if you are not already doing so.  To continue the series, today I’ll be focusing on metrics related to your engineering teams, specifically software engineering. Read More