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TimeStatement Review

TimeStatement
Our score: 8.0 User satisfaction: N/A

What is TimeStatement?

TimeStatement is a platform-agnostic time management solution that reduces your administrative burden. With this software, you can say goodbye to doing time tracking tasks using spreadsheets. Its user-friendly and clean interface also makes it more inviting to use.

To further assist you, TimeStatement includes professional invoicing capabilities. Utilizing this module is seamless because of its automatic invoice generation. It can adapt to your invoice layout as well so you do not have to make drastic changes.

Moreover, TimeStatement offers stringent security. The entire application has SSL encryption, thus, you can rest assured that every piece of data you enter in the system is safe.

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Overview of TimeStatement Benefits

Less Administrative Costs

With TimeStatement, you can save on both time and money. Since its user-interface allows you to track time easily, it eliminates the need to log times manually on your spreadsheets. It calculates total billable hours automatically so you can proceed to your invoicing process quickly.

Billable Rates Customization

Each business has its own way of doing things, especially when it comes to billable hours. That is why TimeStatement adopts to your billing needs. You can define your rates and let the solution do the rest.

Professional Invoices

When it is time to ask your clients to pay, TimeStatement gives you professional invoices. Its invoice generator can adapt to your invoice layout and can be either in a PDF or Word file. If you opt for a Word invoice, you can edit it further.

Apart from your billable hours, TimeStatement also lets you add expenses incurred during the project’s undertaking. This way, you can produce invoices with all relevant information.

Budget-Friendly

If you are a solo entrepreneur or a start-up, TimeStatement is a perfect solution for your time tracking needs. Not only does it have an economical set of packages, but it also offers a free plan. The latter is especially beneficial if your needs are limited.

Security

TimeStatement is hosted in Switzerland, a territory with stringent data security regulations. Aside from that, the entire application is protected by SSL, which ensures that every piece of information is safe from attackers.

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Overview of TimeStatement Features

  • Time Tracking
  • Project Management
  • Client Management
  • Team Management
  • Billable Rates
  • Invoicing
  • Expense Tracking
  • Reporting

What Problems Will TimeStatement Solve?

Suitable for Start-ups

TimeStatement is a great choice for companies that are just starting out. It already includes the necessary time tracking, invoicing, and expense management tools. Despite that, it has an economical pricing model.

Less Administration

With TimeStatement, you can reduce the costs and efforts related to administration in your company. There is no installation and there is no proprietary hardware. You can also access the solution from anywhere, ensuring that you can conduct business whenever and wherever you need.

New Technologies

TimeStatement is an innovative solution. It has forward-looking technologies that have earned it a place among Switzerland’s fintech start-up greats.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

TimeStatement Position In Our Categories

Bearing in mind companies have particular business-related demands, it is only reasonable that they steer clear of subscribing to an all-encompassing, ”best” software system. Needless to say, it would be difficult to discover such a software solution even among well-known software products. The practical thing to undertake is to make a list of the various vital aspects which require examination like critical features, plans, skill levels of the users, company size, etc. The second step is, you should double down on your product research systematically. Go over some of these TimeStatement evaluations and scrutinize each of the software products in your list more closely. Such comprehensive research can make sure you take out unsuitable apps and pay for the one that delivers all the tools your company requires.

Position of TimeStatement in our main categories:

Since each company has unique business wants, it is advisable for them to desist from searching for a one-size-fits-all perfect software application. Needless to say, it would be useless to try to find such a system even among market-leading software solutions. The smart thing to do would be to jot down the various vital factors that require consideration such as required features, budget, skill levels of staff members, company size etc. Then, you should do your research thoroughly. Read some TimeStatement Time Tracking Software reviews and look into each of the other systems in your shortlist in detail. Such comprehensive homework can make sure you discard ill-fitting platforms and choose the system that presents all the features you need for business success.

How Much Does TimeStatement Cost?

TimeStatement Pricing Plans:

Free Trial

Free

€0

Standard

€14.50/user/month

Self-hosted

Contact vendor

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What are TimeStatement pricing details?

TimeStatement Pricing Plans:

Free Trial

Free

€0

Standard

€14.50/user/month

Self-hosted

Contact vendor

TimeStatement offers two selections for enterprise pricing and a free version. The details for these packages are as follows.

Free – €0

  • Switzerland Hosting
  • 1 User
  • 2 Projects
  • 200 MB Storage
  • PDF Invoice

Standard – €14.50/user/month or €9.50/user/month/annual billing

  • All Free Features
  • Other Hosting Locations Available
  • Unlimited Users
  • Unlimited Projects
  • 2 GB Storage per User
  • Template/Layout Customization
  • Word Invoice
  • Support
  • 30-day Money-back Guarantee

Self-hosted – request pricing information

  • All Standard Features
  • Self-hosting

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you choose to purchase a Time Tracking Software it’s vital not only to find out how experts rank it in their reviews, but also to check if the actual clients and businesses that use it are indeed happy with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and TimeStatement reviews across a broad range of social media sites. The information is then presented in a simple to digest form showing how many clients had positive and negative experience with TimeStatement. With that information at hand you should be prepared to make an informed buying choice that you won’t regret.

Video

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • German
  • French
  • Italian

Pricing Model

  • Free
  • Monthly payment
  • Annual Subscription
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for TimeStatement?

No information available.

TimeStatement User Reviews

TimeStatement average rating:

Average score
5/5 (1 user reviews)
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Write your own review of this product

ADD A REVIEW

More reviews from 1 actual users:

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We recommend this good time management – Time Tracking solution

Read full review >
andre bernard
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 05.01.2021 Company Size: 1-10 Employees Industry: Computer Software

PROS: With Digital TimeStatement we can easily record working hours, record expenses, create professional invoices and send reports with one click. (Mit Digital TimeStatement können wir sehr einfach Arbeitszeit erfassen, Spesen erfassen, sowie mit einem Klick professionelle Rechnungen erstellen und Berichte versenden.)

CONS: it's so perfect for us and we have been working with Timestatement very happily for more than 2 years.

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TimeStatement user reviews

We recommend this good time management – Time Tracking solution

Read full review >
andre bernard
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 05.01.2021 Company Size: 1-10 Employees Industry: Computer Software
Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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