SOURCE: TSheets.com

TSheets.com

January 19, 2012 07:00 ET

TSheets Offers DCAA Compliant Time Keeping

MERIDIAN, ID--(Marketwire - Jan 19, 2012) - For federal government contractors under the stringent regulations of the Defense Contract Audit Agency (DCAA), TSheets offers a time tracking, management and reporting solution that helps guard against DCAA audits.

"Many timekeeping companies offer expensive and complicated packages and software that claim to be DCAA compliant, but that really only complicate the day-to-day tracking, management and reporting it takes to protect against audits in the real world," says Mike McNew, head of McNew and Associates, a government contracts management and compliance consulting firm. "TSheets is different. It's easy for supervisors and employees to use and understand, while providing the pinpoint accuracy, record keeping detail and audit trail the government requires."

In order to be DCAA compliant, contractors must keep accurate records of employee time, including tracking hourly time worked against specific projects or tasks. An audit trail must exist for daily time entries, as well as for corrections, approvals and adjustments. Reporting is also an essential element, especially in the case of an audit.

"We are excited to offer a DCAA compliant solution to our customers that doesn't require them to add expensive modules," says Matt Rissell, CEO of TSheets. "When you couple our already user-friendly time tracking system with the validation of a DCAA compliance consulting firm, you've reached government contracting bliss."

TSheets is a secure, web-based solution that allows even traveling employees to accurately clock in or out on a smartphone, online, by text or phone, or through other flexible options. A time and date stamped audit trail exists on approvals, modifications, timesheet corrections, adjustments and submissions.

"DCAA compliance means perfecting and standardizing the process of timekeeping all the way down the line, with instantaneous and accurate time tracking, management and reporting," notes McNew. "TSheets allows companies of every size to fall in line seamlessly, without impacting their bottom line."

TSheets (www.tsheets.com) is a fast-paced time tracking technology firm based in Meridian, Idaho with over 28,100 worldwide users. The company designs time keeping solutions that empower business leaders with more accurate, mobile and flexible ways to track, manage and report employee time.

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