Launch of actiTIME driven by the need for accurate and consistent time-tracking
In the past, InterTalk relied on traditional timesheets that each employee had to fill out each week. “It was very difficult and laborious, and not rigidly enforced by management,” Matthew MacDonald, Chief Engineer at InterTalk, recalls. As a result, timesheets weren’t done in a timely, consistent or reliable manner.
When the InterTalk project and management team learnt about the R&D tax incentive program offered by the Canadian government, they thought that was an opportunity not to be missed, as the company’s developers and engineers were doing a lot of research in the field of telecommunications and information technologies. At the same time, they realized that lack of consistent time records was going to be a hindrance.
This became the main driver in introducing online timesheets at InterTalk. The company vetted a number of options and eventually found actiTIME to be the best fit in terms of cost and value.
The main driver to implement actiTIME was the SR&ED tax-incentive program. It has since grown to include other uses within the company with regard to financial projections.