Abak

Abak is the most flexible time and billing system in the industry. It supports multiple currencies, various invoice formats, and dozens of rate types. Abak automatically links employees' time and expenses to invoices, payroll, and accounting systems. Whether you use Mac or PC, iPhone or HTC, it doesn’t matter—we’ve got you covered. Designed for companies that bill for their services, Abak makes it easy to track billable and non-billable hours, contractor time, and even equipment usage—all while keeping records organized by project and client. Business managers then receive cost, invoice, and profit data for each project. Abak billing delivers the level of flexibility today’s consulting and service firms need. Fixed-price projects, percentage-based billing upon completion, direct billing, materials billing… or any combination of the three! Because it’s based on actual timesheets, expenses, and contractor invoices entered into the system, Abak ensures billing is simple and accurate—no more forgotten invoice items! With Abak, project managers don’t have to wait until the entire budget is spent to take action. For example, when a project reaches 75% of its budget, Abak sends an email alert. This allows project managers and account managers to prevent unrecoverable overspending on projects. At any point, Abak can show you which projects are profitable and which are not.

Abak is a flexible time and billing system designed to help time-based companies automatically link employee time and expenses to invoices, payroll, and accounting systems, while providing project profitability data.