Replicon is a cloud-based time tracking and expense management software suite. It aims to automate client billing, project time costing, employee time tracking, timesheet, resource scheduling, and expense tracking through different modular products. Through its products such as TimeBill for client billing, TimeCost for project costing, or CloudClock, an online time clock for tablets, it is providing solutions for everyday business processes that increase workforce productivity. Delivered as SaaS, it is used by over a million users in thousands of organizations of all sizes across 70 countries.
Features, Benefits, Product Strengths
- Efficient Time Billing and Project Costing – Replicon has easy-to-use timesheets that capture billable hours accurately. It also has a time approval system that facilitates the billing process. It can track internal costs that allow users to track and manage multiple billing rates at the user, project and client levels. It allows for easy creation and setup of new projects with definable key attributes such as task hierarchies, project teams, and budgets. Users can track multiple projects, create consolidated views and generate reports.
- Modular Time and Expense Products – Organizations can choose which products to use and then enhance it with additional products. For instance, TimeBill is a time billing and project tracking software. However, this application can be enhanced with TimeOff, an automated employee time-off request tracking system that shows accrual and balance. Another module that can be added is WebExpense for project-related expenses with its own expense sheets, codes and tax formulas. Companies have the options to rapidly add these online services.
- Standard and Enterprise options, Mobility, Support and more – The products are not only modular, but they are also offered in options that are designed for end-to-end business enterprise processes. For instance, client billing product can come as the standard TimeBill or the enterprise RepliconPSM. The latter has the ability to manage from quoting up to billing with its modules for project management and costing, billing, time tracking, resource management, analytics, reporting and third-party applications. The software is accessible through iPhone and Android apps. It also offers support services such as rapid implementation specialists, 24x7x365 global support, training programs, and a dedicated Customer Success Manager.
Replicon products can be availed on a monthly subscription basis. Depending on the product, which may contain one or more modules, each is priced on a per user basis. For example, the standard TimeBill product costs $22 per user per month. This product already has time billing and project tracking features. Replicon PSM Enterprise includes all features in TimeBill and also has resource management, allocation-based estimates, project and resource forecasting features, among others. Pricing for this product as well as for Replicon PPM Enterprise and CloudClock varies per user requirement. The company offers a 14-day free trial period.
Social Network Presence
This cloud-based time tracking and expense management software is ideal for a wide range of customers because of its modular configuration. Thus, it is suitable for freelancers, SMBs, and large enterprises.
Some of their Clients
Clients include MetLife, Xerox, Moody’s, Novartis, Sodexo, FedEx, Celestica, Motorola, Art.com, Associated Press, DropBox, Yelp, and Polycom.
Nancy Connery of Connery Consulting stated that it now takes her only one to two hours to get all of their invoicing done compared to one whole day before using Replicon.
Lolalisa King of Architect for Life stated that passing a government audit with flying colors and being able to comply for a federally funded contract has become possible with the software.
Ashley Cleary of IABA stated that they are now able to solve a payroll problem that previously involved physically delivering 600 timesheets in one location every pay period.
Replicon provides project managers as well as finance and accounting people with a powerful but flexible cloud-based tool that completely manages and solves time tracking, project costing, workforce management and customer billing issues wherever the user may be.
Replicon, Inc., is a software-as-a-service provider with headquarters in Calgary, AB, Canada. It was founded in 1996 by Raj Narayanaswamy and Lakshmi Raj who are currently the company’s co-CEOs. With its time and expense management software, it has expanded its presence in other countries and now has offices in the US, India, UK and Australia. In June 2013, it has received investor funding from Emergence Capital Partners and The Social+Capital Partnership after 17 years in operation. The company is profitable, according to management, and the money raised from investors will be used for sales, marketing, expansion, and hiring.