MindSpec Corporation announced version 3.1 of its all-inclusive time and expenses tracking solution allowing Microsoft Outlook users track work time and associated expenses. Time Meter allows for systematizing current projects, timelines, hourly rates and employees' assignments basing on live time and expenses tracking model that enables automatic calculation of HR costs involved. The application allows generating comprehensive reports on any aspect of personnel management including time budget and financial reports on any current or past project. Time Meter makes calculating expenses and fees easy both for the employer and the employees working on pay-per-time basis.

Time Meter is intended for a broad range of freelance workers, hired staff and HR managers who need accurate time, work efficiency and expenses tracking in real time within the commonly used Microsoft Outlook environment. The application allows creating a project, assigning employees to various activities required to complete it, setting hourly rates and even specifying time overdue multiplier. With all the required information entered and application configured, it takes only a couple of clicks to start tracking work time and calculating expenses. At any time, project manager or the employee working on pay-per-time basis can generate a variety of comprehensive reports on any aspect of the current job. Corporate Time Meter users report 15 to 30 per cent decrease of operational costs on HR management, while freelance specialists report even higher time and money economy due to automation of fee calculation process.

For more information on Time Meter, please visit:

http://www.timemeter.com/

You can download FREE trial version at:

http://www.timemeter.com/download/tm.zip

The FULL VERSION can be purchased online from:

http://www.timemeter.com/purchase.shtml