It’s a DCAA requirement that labor be recorded by the person actually performing the work. If individuals work on multiple objectives, with multiple funding sources, they have to break out their time accordingly. Managing this process using paper timesheets can be very time consuming. This is where the solutions from WorkTech come into play.
WorkTech provides solutions that make it easy for employees and contractors alike to report their time and expenses in a way that assists with DCAA compliance. When laborers work on multiple projects with different funding sources, they can record their time spent and materials used against those specific funding sources. This applies to Purchase Orders, Work Orders, and even Grants. The need for Managers to come in after the fact and try to figure out how to allocate employee or contractor time is eliminated thanks to the level of detail that WorkTech can record in real time.
Approved rates for employee labor and for equipment charges can also be fed directly into WorkTech to eliminate any errors between the recording of time and the submission of the invoice. Pre-negotiated labor charges, including complex overtime pay rules can be calculated automatically. This helps to ensure that all invoices submitted are accurate and can withstand an audit.
WorkTech also features a detailed audit trail for all transactions so that Contractors can prove when charges were incurred, and which employees incurred the charges. All of this functionality is delivered through an easy-to-use interface that makes time and expense recording and management fast.