glosys Billing Overview
glosys Billing, a product of glosys HRMS Platform, provides AI & Cloud Software Suite and SaSS Applications and Services for HR Sourcing team to create and publish the jobs to the career site, social media channels and various job boards in the digital world
Features We offer
Time Tracking & Billable Hours
Employees log their working hours against specific tasks, projects, or clients.
Billable vs. non-billable hours are categorized.
Automated calculations based on hourly rates assigned to employees, teams, or projects.
Rate Management
Different billing rates can be set based on Employee role (e.g., junior vs. senior developer), Task type (e.g., development vs. support), Client-specific agreements (e.g., retainer vs. hourly)
Supports fixed-price, time-based, or milestone-based billing.
Invoice Generation & Customization
Automatically generate invoices based on approved timesheets.
Customizable invoice templates with Client details, Company branding, Itemized breakdown of work, Tax calculations (GST, VAT, etc.)
Option to include expenses, overtime, and discounts.
Approval Workflow
Managers review and approve timesheets before billing.
Multi-level approval for large teams or complex projects.
Audit trail for modifications and approvals.
Integration with Accounting & Payment Systems
Sync with accounting software (QuickBooks, Xero, FreshBooks), Integration with payment gateways (PayPal, Stripe), Automatic reconciliation of payments with invoices.
Reports & Analytics
Revenue tracking based on billable hours, Profitability analysis per project or client, Forecasting and budget planning.
Meet Your Billing Management Objectives & Needs