ObviO RealTime provides one, fully integrated browser-based interface to handle time collection, employee expense collection, and web-accessible reporting and queries. The application helps organizations automate the collection, validation, approval, and processing of labor and employee expense related information.
Both on-site and remote workers, either employees or consultants, can use ObviO RealTime to file timesheets and standardized expense reports online. Supervisors can review and approve these documents in the same way. As a result, the expense reporting and payment process is accelerated throughout the company. Approval notification is automated so companies can shorten the time it takes to generate invoices from cost information. Moreover, management can retrieve standardized reports to see budgets versus actual spending, unbilled time, unbilled cost, as well as billable time by item, consultant, or customer. Costs entered by workers appear on reports immediately in real time. There is no need for database synchronization or posting routines to obtain up-to-date cost reports.
ObviO RealTime simplifies employee travel expense tracking. It tracks reimbursable expenditures for lodging, meals and incidental expenses that conform to ceilings established by the company in accordance with applicable government travel regulations. The government per diem tables are stored in the system are periodically updated by OSI. Workers can attach scanned images of expense receipts to the expense report entered. The system identifies over-ceiling expenses and assists the user with the proper handling of these amounts. Additionally, workers can enter expenses that have been paid by the company credit card or by third party. These expenses are automatically used in the Accounts Payable credit card reconciliation routine. Subsidiary ledgers for travel advances by employee provide automatic employee travel advance reconciliation.
ObviO RealTime is the web-based user interface for entering time and expenses into ObviO EMS. This interface can help smooth the conversion transition because it is designed to work with both Deltek FMS and ObviO EMS systems. Firms with an immediate need for a wide area timesheet entry solution and who are currently using Deltek FMS can immediately implement the ObviO RealTime interface for remote location timesheet and expense entry, as well as simple reporting.