Time Tracking Software REVIEW

1) What is TimeStatement?

TimeStatement is a platform-agnostic time management solution that reduces your administrative burden. With this software, you can say goodbye to doing time tracking tasks using spreadsheets. Its user-friendly and clean interface also makes it more inviting to use.

To further assist you, TimeStatement includes professional invoicing capabilities. Utilizing this module is seamless because of its automatic invoice generation. It can adapt to your invoice layout as well so you do not have to make drastic changes.

Moreover, TimeStatement offers stringent security. The entire application has SSL encryption, thus, you can rest assured that every piece of data you enter in the system is safe.

2) Overview of TimeStatement Benefits

2.1) Less Administrative Costs
With TimeStatement, you can save on both time and money. Since its user-interface allows you to track time easily, it eliminates the need to log times manually on your spreadsheets. It calculates total billable hours automatically so you can proceed to your invoicing process quickly.

2.2) Billable Rates Customization
Each business has its own way of doing things, especially when it comes to billable hours. That is why TimeStatement adopts to your billing needs. You can define your rates and let the solution do the rest.

2.3) Professional Invoices
When it is time to ask your clients to pay, TimeStatement gives you professional invoices. Its invoice generator can adapt to your invoice layout and can be either in a PDF or Word file. If you opt for a Word invoice, you can edit it further.

Apart from your billable hours, TimeStatement also lets you add expenses incurred during the project”s undertaking. This way, you can produce invoices with all relevant information.

2.4) Budget-Friendly
If you are a solo entrepreneur or a start-up, TimeStatement is a perfect solution for your time tracking needs. Not only does it have an economical set of packages, but it also offers a free plan. The latter is especially beneficial if your needs are limited.

2.5) Security
TimeStatement is hosted in Switzerland, a territory with stringent data security regulations. Aside from that, the entire application is protected by SSL, which ensures that every piece of information is safe from attackers.

3) Overview of TimeStatement Features
– Time Tracking
– Project Management
– Client Management
– Team Management
– Billable Rates
– Invoicing
– Expense Tracking
– Reporting

4) What Problems Will TimeStatement Solve?

4.1) Suitable for Start-ups
TimeStatement is a great choice for companies that are just starting out. It already includes the necessary time tracking, invoicing, and expense management tools. Despite that, it has an economical pricing model.

4.2) Less Administration
With TimeStatement, you can reduce the costs and efforts related to administration in your company. There is no installation and there is no proprietary hardware. You can also access the solution from anywhere, ensuring that you can conduct business whenever and wherever you need.

4.3) New Technologies
TimeStatement is an innovative solution. It has forward-looking technologies that have earned it a place among Switzerland”s fintech start-up greats.

This review has been made by:
https://reviews.financesonline.com/p/timestatement/

Agritechnica: transfluid presents strong solutions

In agriculture the production has gone from manual manufacturing to industrial production. What used to be processed with simple farm machinery is now at times highly automated and has to be done rationally. This does in fact apply to all areas of agriculture, from tractors to combine harvesters and driverless machines for many different applications, but also to the accessories, like the small pieces of equipment used in agriculture.

Efficient driving, lifting and motion with tubes bent the right way
transfluid, the specialist in tube processing machines and systems, has already been delivering its solution to this sector for many years. “The developments are very exciting and we are happy to continue to contribute to that”, says Stefanie Flaeper, Managing Director at transfluid. To show the capabilities, the company will be at Agritechnica in Hannover, Hall 16, Stand 03. “When we look at the tube processing for the manufacturing of agricultural machinery we see two key types: heavy tubes and profiles, that are often used in the construction of frames, and on the other hand the large hydraulics systems”, explains Stefanie Flaeper. Hydraulics is often the method used in agricultural machinery to drive, lift and move. transfluid offers a wide range of machines suitable for the processing of the tubes for this application. From a simple bending machine with mandrel, like the t bend DB 642K, for mobile use and small numbers of tubes, to the highly flexible CNC-controlled systems with short set-up time and able to bend clockwise and counterclockwise, like the t bend DB 630-CNC. Very fast processes and higher output are the results with these machines. The drives of the tube processing machines are particularly high-performing and can be either hydraulic or electric with brushless motors, depending on your preference. All the challenges are therefore met, whether it is small or large diameter tubes. Machines are available for extreme geometries, which can bend both clockwise and counterclokwise in one operation. These generally have an electric, brushless motor drive for large outputs.

Better processes with different materials and geometries
It is often the case that with hydraulics tubes there is a great variety of geometries and small numbers of production pieces. In this case, materials and geometries are particularly challenging. Although standard materials are used, other materials with significantly greater strength are used to meet the specifications. For this reason, the machines must offer the right level of flexibility. In this production area it can make sense to have a manufacturing model that is based on one piece flow and chaotic, when tubes of different diameters are needed for a product. The stock levels can be reduced a lot and the tube is prepared completely before bending. “Our goal is to greatly simplify and optimize the production processes with our solutions. To do this, our machines will produce tubes that are completely ready for immediate use after the bending”, explains Stefanie Flaeper. The first step is the cutting, which the t cut range takes care of. The cleaning and automatic application of cutting rings and many different types of forming are also required. The forming and the cutting rings can be processed both ways in this case. The transfluid cleaning systems automatically deliver clean tubes. The experts are offering the complete processing of tubes and, if needed, also the right automations systems with t motion, for a completely automated production.

Prototyping and software for safe production from the very first tube
A key element for success in tube processing is prototyping. All transfluid machines can be operated manually to produce the first set of tubes. In addition to this, tools are available to measure the component, or even the whole set of components, in a flexible way and directly on the item and generate accurate digital data. The t project software makes it possible to process isometrics directly from CAD. Both the technical department and the machine operator can use a number of different interfaces to import data and run collision tests. “With our advanced software, even the very first tube is ready to be used in a manufacturing process”, highlights Ms. Flaeper. This way, transfluid offers tubes to the manufacturers of agrotechnical products, which are ready to be incorporated and produced in a way that is extremely close to the final manufacturing standards; they are necessary for a functioning and reliable hydraulics system. Come and speak to the transfluid experts, if you want to learn more about transfluid”s solutions for tubes. You will find them at Agritechnica in Hannover, 10th-16th November 2019.

DOWNLOAD PRESS INFORMATION (https://www.transfluid.net/en/press-centre-reader/items/transfluid-presents-strong-solutions-for-tube-processing-for-construction-and-hydraulics-in-agricultural-engineering.html)

CJEU: Sampling permissible within narrow parameters

The courts have been grappling for years with the extent to which sampling pieces of music breaches copyright. The Court of Justice of the European Union (CJEU) has now ruled that sampling is permissible within narrow parameters.

This longstanding legal dispute concerns an electro-pop group and a music producer. The producer had taken a short sequence from a song by the pop group and added it to a song by another singer. The latter featured the relevant audio sequence at a reduced speed and in a continuous loop. The band considered this a breach of their copyright.

The dispute has occupied the courts for years. The Bundesverfassungsgericht, Germany”s Federal Constitutional Court, had already ruled that artistic freedom is to be valued more highly than intellectual property if the copyright breach is minor and the creator suffers no economic loss as a result. The Bundesgerichtshof, Germany”s Federal Supreme Court, has since referred the matter to the CJEU. We at the commercial law firm MTR Rechtsanwälte https://www.mtrlegal.com/en/ can report that, according to the CJEU”s ruling, sampling may be permissible within narrow parameters even if the creator”s consent has not been obtained in advance.

In a ruling from July 29, 2019, the CJEU held that sampling may constitute an interference in the phonogram producer”s rights if it happens without their permission. Notwithstanding this, it is possible to use a short audio sequence without permission if the audio fragment is inserted into a new work in a modified form that is unrecognizable to listeners (Az.: C-476/17). The Court went on to state that the assumption that a reproduction of this kind requires the phonogram producer”s consent runs counter to, among other things, the need to strike an appropriate balance between, on the one hand, the interests of the copyright holders and related rights in the protection of their intellectual property, and, on the other hand, the protection of the interests and fundamental rights of those using the protected subject matter, including artistic freedom and the public interest.

The CJEU concluded that taking (modified) fragments from a phonogram and using them to create a new independent work does not amount to an illegal copy from the phonogram, and that national provisions needed to take a back seat to EU law here.

Lawyers with experience in the field of industrial and intellectual property law can advise on matters relating to copyright and the protection of intellectual property.

https://www.mtrlegal.com/en/legal-advice/industrial-property-law.html

TIPP OIL Lubricants represented in Abidjan Ivory Coast

Tipp Oil Manufacturer LTD sets new distribution channels in Abidjan represented by Mr. Camara.
Due to delays in the first delivery to Abidjan and some hurdles, we were able to solve the problems together.
We are very confident by Mr. Camara and his team, in Abidjan, Ivory Coast and other African continents, to get our lubricants on a long term basis in sales.
Tipp Oil Manufacturer LTD plans to build workspaces, as well as individual service centers.

Our high quality lubricants and our Rebottle deposit system show that we make a valuable contribution to environmental protection and support local people on a sustainable basis.
Our lubricants for industry and agriculture are always being taken more and more.
We would like to thank Mr. Camara who makes a valuable contribution to environmental protection.

BAG: Notice of collective dismissal and effective termination

In the case of mass dismissals, an employer is allowed to go ahead and sign termination notices before the notice of collective dismissal has been received by Germany”s Federal Employment Agency, the Agentur für Arbeit. That was the verdict of the Bundesarbeitsgericht, Germany”s Federal Labor Court.

Employers need to make sure that termination notices are issued effectively. This is all the more important in the case of mass dismissals. We at the commercial law firm MTR Rechtsanwälte https://www.mtrlegal.com/en.html note that termination notices may be ineffective if the employer makes a mistake.

One aspect that has proven to be particularly problematic for employers is the short window between the required submission of the notice of collective dismissal to the Agentur für Arbeit and the timely delivery of the termination notices. A ruling by the Bundesarbeitsgericht from June 13, 2019 relieves pressure on employers in this regard (Az.: 6 AZR 459/18). The BAG ruled that the employer is allowed to go ahead and sign the termination notices before the notice of collective dismissal has been received by the Agentur für Arbeit. It went on to state that for termination to be effective within the framework of a collective dismissal process, it is sufficient for the Employment Agency to have received the notice before the termination letter reaches the employee.

In the instant case, the employer”s company became the subject of insolvency proceedings in June 2017. The Agentur für Arbeit received the notice of collective dismissal on June 26, 2017. In a letter written the same day, the employer issued its employees with ordinary notices of termination with effect from September 30, 2017. The termination notices were received by the employees on June 27, 2017.

One employee lodged an action for unfair dismissal. Citing the case law of the Court of Justice of the European Union, he argued that the employer had been obliged to first discharge its duty to notify the Employment Agency before reaching a decision on whether to terminate the employment relationship. Consequently, the termination letter should not have been signed until after the notice of collective dismissal reached the Employment Agency. The claim was successful before the Landesarbeitsgericht, i.e. the Regional Labor Court.

Yet the ruling was later overturned by the Bundesarbeitsgericht. It held that the notification procedure is designed to inform the Agentur für Arbeit of a pending notice of collective dismissal so that it can prepare itself accordingly; though it is not the Employment Agency”s place to influence the employer”s decision. The BAG noted, however, that the termination notice must not reach the employee until after the notice of collective dismissal has been received by the Employment Agency.

There are a number of legal pitfalls that one needs to be aware of when it comes to dismissals. Lawyers with experience in the field of employment and labor law can offer advice.

https://www.mtrlegal.com/en/legal-advice/employment-law.html