TimeStatement is a web-based solution for working-time recording, project time tracking and absence management. Employees record working hours and project time via browser, mobile app or terminal; leave, sickness and other absences are requested and approved in a workflow. The package also covers expenses and invoicing based on recorded time, including the Swiss QR bill, multilingual templates and foreign currencies. Integrations exist with bexio, Abacus, Infoniqa ONE 50, Run my Accounts and DATEV, among others. According to the vendor, it targets small and medium-sized businesses, fiduciary firms, agencies, and engineering and consulting practices. It is delivered as a cloud service without installation.
TimeStatement AG is headquartered in Baar, Switzerland. The vendor states that it hosts in Switzerland and describes the service as compliant with the Swiss data protection act (DSG) and the GDPR. Switzerland is not an EU member but an EFTA country with an EU adequacy decision. The website gives no information about owners or a parent company; ask the vendor about the exact hosting location and processors.