Enhancing Project Cost Management with Money Forward and KING OF TIME
In the rapidly evolving landscape of cloud solutions for businesses, the collaboration between
Money Forward and
KING OF TIME marks a significant leap forward, specifically in the domain of project cost management. This strategic partnership aims to streamline the integration of labor data and project-related costs by leveraging actual working hours, thereby providing a more precise cost management system tailored for modern businesses.
What is Money Forward Cloud Individual Cost?
Money Forward Cloud Individual Cost is a comprehensive cost management system designed to oversee everything from project labor management to individual cost calculations. Its core focus is to ensure that businesses can track and manage their project-related costs with maximum efficiency and accuracy. This new collaboration introduces a feature that enables employees to record their actual working hours seamlessly through the
KING OF TIME system, enhancing the accuracy of project cost assessments.
Accurate individual cost calculation is paramount in today’s work environment, and it relies heavily on the proper collection of employee hours involved in each project. With this integration, employees can easily allocate their recorded hours to specific projects based on data sourced from
KING OF TIME, facilitating a simpler and more intuitive usage experience. This feature allows entries not just in hour formats but also as percentages, catering to varying needs and simplifying the entire process. The ability to batch input hours for multiple days streamlines data management further.
Automated Checks for Accuracy
One of the standout features of this partnership is the automatic validation of entered labor hours against actual working data. This automatic check ensures that discrepancies are minimized, providing accounting professionals with accurate data free from manual errors. With precise insights into labor costs, businesses can automate the calculation of labor expenses and the allocation of indirect costs, which are critical for financial health and oversight.
Features of KING OF TIME
KING OF TIME is a market-leading cloud-based attendance management and HR payroll system used by over 64,000 enterprises, supporting more than 4.1 million IDs as of July 2025. This system offers diverse methods for clocking in and out, including options through PCs, smartphones, IC cards, and biometric authentication. Employees can manage their attendance and related tasks online, facilitating smooth communications between staff and management.
This system can adapt to various work-hour configurations, including complex aggregated work hour calculations, complying with the latest legal regulations. Furthermore, it can accommodate different employment rules unique to each organization, highlighting its flexibility.
Additional Modules and Capabilities
The striking advantage of adopting
KING OF TIME is the full suite of HR management applications available within the same pricing structure. This includes
KING OF TIME HR & Labor,
KING OF TIME Payroll, and
KING OF TIME Data Analysis, enabling centralized back-office management, which can lead to enhanced productivity and reduced administrative burdens.
Final Thoughts on Money Forward Cloud Individual Cost
The
Money Forward Cloud Individual Cost system not only enhances project cost tracking but also provides a clear visualization of the latest costs. Through compatibility with
Money Forward Cloud Accounting Plus and APIs from other services, businesses can automatically collect and import data, ensuring the process remains efficient and user-friendly.
As the business environment becomes increasingly data-driven, tools like those offered by Money Forward and KING OF TIME provide critical support in managing costs accurately and efficiently.
For further detail on the features and integration of this collaboration, visit:
Money Forward Support.
For more information about
KING OF TIME, visit:
KING OF TIME Website.
About the Companies
- - Human Technologies, Inc.
-
Location: 1-6-6 Moto-Akasaka, Minato-ku, Tokyo
-
Founded: November 2001
-
CEO: Koichi Iezaki
-
Website: Human Technologies
-
Location: 3-1-21 mbs Tamachi, Tamachi Station Tower S, Minato-ku, Tokyo
-
Founded: May 2012
-
CEO: Yosuke Tsuji
-
Website: Money Forward Corporation
All company names, product names, and service names mentioned in this article are trademarks or registered trademarks of their respective companies.