Acksen Ltd. Offer a free software solution for financial accountability

Generally the area of financial accountability is a sensitive area, and one which has been traditionally not easy to keep a track of and report on especially when it comes to accounting for time spent on particular activities. As everyone knows, all organisations, whether charitable or not must have elements of ‘administration’ in order to keep things going, but these areas of work, can sometimes be referred to as “non-value” activities, whereas fundraising and direct work with sponsors may be seen as “value activities”. In the event of a major sponsor or funding body asking you as a charitable organisation, how much money and time has been spent on planning / administrative activities, could you quickly and easily access that information in a comprehensive report?

The new Charity Commission which was announced by Social Development Minister Margaret Ritchie earlier this year is a positive step forward in raising public confidence that financial contributions are used properly and applied for the purposes they are donated.

This month (September 2009), local N. Ireland company, Acksen Ltd. has ‘come to the rescue’ of many charitable bodies* by announcing it is to provide, free of charge*, a software solution for keeping account of time and money spent on various activities.

(*registered charities who are set up to provide help and raise money for those in need - contact Acksen for details on license use)

The provision of such software (Timesheet Xpress) will allow charitable bodies to quickly set in motion processes that will help maintain public confidence in their funded activities. Charities can now with Timesheet Xpress offer a new level of transparency, giving all those who have vested interests in the running a charity access to timely and accurate information on where money is being spent and what percentage of time is dedicated to ‘value’ vs. ‘non-value’ activities.                                                                                               

Additionally, any  organisations that have been supported by European Funds are subject to regulations in research under FP7 (Framework Program 7th iteration), such rules make it mandatory to keep timesheets to record activities undertaken as a result of funding. For organisation who have received European Funding and are required by the governance of such rules to keep timesheets, then Acksens Timesheet Xpress will give help provide the  compliance required to ensure the organisation meets the rules and conditions of funding around timesheet records.

About Acksen Ltd.

Acksen Ltd., established in 1994 is a spin-off company from Queens University Belfast it has been successfully marketing and selling both hardware and software globally to over 40 countries since its inception.

Diversifying into business software solutions in 2004, Acksen Ltd. had enjoyed continued growth in sales of its productivity and performance logging solution Timesheet Xpress.  As a Sage and QuickBooks Developer offering links from and to accounting software processes, Acksen, through the Timesheet Xpress software solution offer a seamless integration to leading business / financial packages. Acksen Ltd. and Timesheet Xpress are protected Trademarks. As the leading software application for time tracking and productivity analysis proven with thousands of Users globally, Timesheet Xpress is the most extensive and cost effective way for teams, workgroups and individuals to manage time based projects and costs available on the market.

Download your trial copy today at www.TimesheetXpress.com/download.asp

or contact Acksen Directly on 0870 225 1790 for more information.