Developers: | Red Lab |
Date of the premiere of the system: | 2016 |
Last Release Date: | 2025/06/05 |
Technology: | Project Management Systems |
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The main articles are:
Timetta is a comprehensive, ever-growing ecosystem for project management. The ecosystem includes 7 applications that are connected by a single methodology, use common data and work in one interface.
2025
Launch AI Assistant
Timetta has launched an AI assistant that trains users to work with project management applications. User to ask any question on functionality and methodology. The AI assistant will quickly find the necessary information in the help and draw up a step-by-step instruction with an explanation. Red Lab announced this on June 5, 2025.
The development of the bot took a month and was carried out by one specialist in language models. The bot is partially deployed in Yandex's cloud infrastructure - it uses its databases, as well as the language models Llama and YandexGPT 5.
Before implementation, it was necessary to correct, supplement and improve the help structure so that the AI assistant could accurately answer questions. The chatbot interested users. In the first two days, the bot processed about 250 requests. A week later, the number of daily calls increased 2 times and continues to increase. The increase in the number of calls required a review of the approach to deploying the bot's software components. The solution should optimize the cost of maintenance.
The launch of the chatbot is only the first stage in introducing AI into the Timetta platform. We discussed the possibilities of artificial intelligence for project management for about a year. As a result, they decided to move gradually. The first step has been taken, it remains to consolidate success and confidently go further, - commented Alexander Spiridonov, director of consulting at Timetta. |
Timetta focused on optimizing the AI assistant. When the work is complete, the company will move to develop other AI-based features. It is planned to train the chatbot to help in configuring integration, analyze the data available to the user, and predict the risks of the project. The preliminary completion date is the beginning of 2026.
Development of the integration module with 1C products
1C Pro Consulting"" developed module integration cloudy Timetta systems with key products of the line "" -, 1C1S:ZUP"" 1C: Employee's Office"," "" "and". 1C: Accounting1C: Holding Management"" The ready-made connector will significantly simplify the integration of Timetta into the IT customer's landscape, expand the functionality of the service, and also reduce the cost of internal refinement of 1C systems. This was announced 1C Pro Consulting by "" on January 15, 2025. More. here
2024: System Overview
Timetta will be useful to any design-oriented companies where intellectual labor prevails. These are primarily consulting companies, IT integrators, PR agencies, architectural bureaus, law firms and other similar organizations. Timetta applications use project offices and internal Krpun business units with extensive project activities.
The Timetta methodology was created taking into account the experience of the world's leading companies of the Big Four level and Russian specifics. Timetta understands that for many companies in the professional services sector, employee time is a major resource. The company "buys" the time of employees so that they create a service for the client as part of the project. Employee pay for such companies is the main expense item, while projects are the main source of income. By controlling the costs and profits of projects, the company can effectively balance its profitability.
Read more here.
2023: Issue of multicurrency to account for international projects
On June 19, 2023, Red Lab announced the release of multicurrency for Timetta to account for international projects.
This function is intended for companies from the professional services sector that conduct international business and operate in different currencies.
A significant part of our clients conduct international business, implement projects with foreign customers. The most popular destinations Middle East are the regions. Asia The peculiarity of such projects is that revenue, costs and cost of resources can be denominated in different currencies. For example, if employees from Russia implement a project in, Kazakhstan revenue can be nominated in tenge or, dollars USA cost in, and rubles costs in any currencies at all. This variety makes it difficult to build a consolidated P&L on the project and earlier in Timetta it was necessary to manually convert currencies in order to reduce revenue and costs into a single report. In the latest update, we added multi-currency support to Timetta. Now the currency conversion is performed automatically, taking into account the history of changes in exchange rates. As a result, financial it has become much easier to plan and control indicators for international projects - commented on the update Alexander Spiridonov, Timetta Director. to consulting |
Timetta's multicurrency automatically converts cost of work, direct costs and project revenue in different currencies into the company's base currency, making it easier to generate reporting and accurately measure financial results. Now companies can work with clients and projects, settle in various currencies, minimizing the difficulties and risks associated with taking into account international projects.
One of Timetta's key capabilities is flexible exchange rate setting. Users can accurately specify the exchange rate or use automatic updates via the API. This allows companies to more accurately track changes in exchange rates and correctly account for them in the financial statements.
In addition, Timetta provides flexible configuration of project currencies. Companies can choose the currency in which planning and accounting will be maintained for each individual project. This is especially useful when costs and revenues in different currencies arise within the same project. Timetta automatically translates all key figures into the base currency.
2016: Platform Creation
The Timetta cloud platform for monitoring project performance was created in 2016 (at that time - "WorkPoint") by immigrants from. Russian consulting