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Abstract For the purpose of this report our group has chosen to take on the roles of a team who is trying to persuade neighboring firms to use our timesheet system. We are accountants from the Tenrox Company and wish to explain their integrated time and expense management system, the benefits, highlights, and how it helps face the challenges all businesses are faced with. The relationship between the neutral audience and our company is we are both have had to deal with finding a system that is more accurate and less expensive. Whether it is an accounting firm or a business, accounting is still involved. But not only CPA firms need a time saving, efficient system. We chose APA format because it enables readers to locate more detailed and recent information about the sources. Benefits of Using a Time and Expense Management System Recent research has shown the accounting industry is currently feeling the effects of the recession. The percentage rates are slipping in various areas such as revenues, gross fees billed at standard billing rates, profit margins, and receivables balances. Our main focus is billing rates and chargeable hours. Billing rates are down 32% from 2002. This is how accountants make their money and