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Rate Sheets
The Rate Sheet module was designed to serve as the foundation for traveler payroll and billing. Its most basic function is to show the gross margin for an assignment under different pay and bill scenarios, providing you with a powerful tool for negotiating with clients and personnel. The Rate Sheet automatically feeds TSS Invoicing and Payroll, and because all cost components are accounted for, you will know exactly how profitable the assignment is prior to contract execution.
The Rate Sheet also ties to TSS Messaging allowing you to effortlessly create a contract confirmation letter for your client and an employment agreement for your traveler, using your own document templates.
Payroll and expense estimates that are set in the Rate Sheet can be compared against actuals giving you the ability to see progress and address issues quickly. The Rate Sheet can trigger the paying of completion bonuses, cap per diem and stipend payouts, and even create payroll alerts if contract minimums aren't met. Using the Rate Sheet module, you will reduce payroll and billing errors and be able to perform detailed analysis to ensure maximum profitability for your organization
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