About Trackwork

This platform simplifies the process of preparing and submitting Scientific Research and Experimental Development (SR&ED) claims. By integrating with existing systems and providing real-time collaboration, the platform helps companies maximize their SR&ED tax credits.

```xml <problem> Canadian companies face a complex and time-consuming process when preparing and submitting Scientific Research and Experimental Development (SR&ED) claims to access government tax incentives. Many lack standardized processes, organized data, and streamlined workflows, leading to increased costs, potential compliance issues, and missed opportunities to maximize their claim value. The increasing emphasis on compliance by the CRA, particularly around time tracking and documentation, further exacerbates these challenges. </problem> <solution> Trackwork is a specialized SR&ED management software designed to simplify and optimize the SR&ED claim process, enabling companies to save time, reduce costs, and maximize their claim value. The platform centralizes all SR&ED tasks, provides increased oversight into claimable hours, and monitors project, logging, and report status in real-time. By integrating with existing systems and offering collaborative workflows, Trackwork ensures audit-ready records and supports claims every step of the way. The software also includes features to predict and optimize claim values and automatically mock up the T661 tax form. </solution> <features> - Cloud-based portal for measuring progress on multiple claims simultaneously and authoring project reports directly within the dashboard. - Collaborative report authoring interface for efficient completion of T661 reports. - Seamless scalability to handle documentation processes for teams of any size. - Complete SR&ED documentation solution, from HR import to finished T661 forms. - Secure data backup through Canadian cloud server solutions. - Real-time targets to guide researchers on where to document their time, with progress monitoring. - System integration with tracking, source control (e.g., Git), and HR systems for accuracy and time savings. - Flexible activity logging methods to support evolving arguments and maximize returns. - Automated tools to reduce SR&ED management time, including features for assigning eligible hours, centralizing tasks, and predicting claim values. - Tools to improve logging compliance and accuracy, such as multiple input methods, import from Jira and Perforce, and automatic data pre-processing. </features> <target_audience> Trackwork is designed for Canadian companies of all sizes and across all sectors that are claiming tax credits for research and development, including those in the cleantech industry. </target_audience> ```

What does Trackwork do?

Where is Trackwork located?

Trackwork is based in Vancouver, Canada.

When was Trackwork founded?

Trackwork was founded in 2023.

Location

Vancouver, Canada

Founded

2023

Employees

2 employees

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Trackwork

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Executive Summary

trackwork.cloud 10+

Founded 2023 – Vancouver, Canada

Funding

No funding information available.

Team (<5)

No team information available.

Company Description

Problem

Canadian companies face a complex and time-consuming process when preparing and submitting Scientific Research and Experimental Development (SR&ED) claims to access government tax incentives. Many lack standardized processes, organized data, and streamlined workflows, leading to increased costs, potential compliance issues, and missed opportunities to maximize their claim value. The increasing emphasis on compliance by the CRA, particularly around time tracking and documentation, further exacerbates these challenges.

Solution

Trackwork is a specialized SR&ED management software designed to simplify and optimize the SR&ED claim process, enabling companies to save time, reduce costs, and maximize their claim value. The platform centralizes all SR&ED tasks, provides increased oversight into claimable hours, and monitors project, logging, and report status in real-time. By integrating with existing systems and offering collaborative workflows, Trackwork ensures audit-ready records and supports claims every step of the way. The software also includes features to predict and optimize claim values and automatically mock up the T661 tax form.

Features

Cloud-based portal for measuring progress on multiple claims simultaneously and authoring project reports directly within the dashboard.

Collaborative report authoring interface for efficient completion of T661 reports.

Seamless scalability to handle documentation processes for teams of any size.

Complete SR&ED documentation solution, from HR import to finished T661 forms.

Secure data backup through Canadian cloud server solutions.

Real-time targets to guide researchers on where to document their time, with progress monitoring.

System integration with tracking, source control (e.g., Git), and HR systems for accuracy and time savings.

Flexible activity logging methods to support evolving arguments and maximize returns.

Automated tools to reduce SR&ED management time, including features for assigning eligible hours, centralizing tasks, and predicting claim values.

Tools to improve logging compliance and accuracy, such as multiple input methods, import from Jira and Perforce, and automatic data pre-processing.

Target Audience

Trackwork is designed for Canadian companies of all sizes and across all sectors that are claiming tax credits for research and development, including those in the cleantech industry.