SOURCE: Mavenlink LLC

Mavenlink LLC

October 19, 2010 09:00 ET

Mavenlink Builds Invoicing, Time Tracking and Expense Tracking Functionality Into Its Platform

By Coupling These New Features With Existing Project Collaboration Capabilities, Mavenlink Removes Administrative Redundancies and Ensures Accountability for Today's Hybrid Work Force

IRVINE, CA--(Marketwire - October 19, 2010) - Mavenlink LLC, the online workplace for today's work force, releases invoicing, time tracking and expense tracking functionality for its Software as a Service (SaaS) platform. These new features further enable collaborative work teams to conduct business while simplifying communications, promoting transparency and achieving competitive productivity.

"Organizations today are balancing full-time employees with specialized service providers to compete," said Ray Grainger, chief executive officer, Mavenlink. "Missing from this economy is an intermediary to unite organizations and service providers. Mavenlink is that connection. With these platform additions, we've removed administrative inefficiencies and poor accountability that often impedes the agility of this hybrid work force."

Invoice Online and Pay within Mavenlink
The new online invoicing feature links all project conversations and activities to the billing and payment process within the Mavenlink platform to ensure complete transparency. Users can link completed tasks, deliverables and milestones to time and expense entries, then submit invoices effortlessly. Clients can pay service providers online from the Mavenlink platform or issue payments offline. Mavenlink even tracks payment history for every project.

Save Time and Money with Integrated Time and Expense Tracking
With time and expense tracking now built into Mavenlink, organizations and service providers can perform all essential business transactions related to a project. This helps users better manage the productivity of collaborative work teams and track the time and expenses associated with project deliverables. Service providers can document time spent on all projects, assign hourly rates and record all expenses in one place. Users can see time spent on projects in an easy-to-understand list or calendar view for real-time tracking.

"The ability to track expenses, time, tasks and invoices together in one seamless tool is a real problem-solver," said Rick L'Amie, president of Moxie Marketing in Austin, TX and Mavenlink user. "We will no longer have to dig through multiple data sources at the end of the month when a client asks where their money went."

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About Mavenlink LLC
Mavenlink is the online workplace for today's work force. Its Software as Service platform is the single destination where organizations and service providers can collaborate seamlessly, conduct business productively and build trusted networks. Learn more at www.mavenlink.com, "like" the company at www.facebook.com/mavenlink and follow on Twitter at www.twitter.com/mavenlink.

Contact Information

  • Media Contacts:
    Cara Stewart and Theresa Dreike
    Remarx Media for Mavenlink LLC
    +1-714-706-0433 ext. 101 or 102
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