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Chris Vandersluis

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How Time Control Reached $280K MRR and 280 Customers While Staying Bootstrapped and Profitable (Interview with CEO Chris Vandersluis)

Chris Vandersluis (Founder, President, and CEO of Time Control) spoke to Nathan Latka on July 7, 2022.

Time Control figures from the interview

MRR (July 2022)
$280,000
Customers (2022)
280
Avg Contract Value (2022)
$15,000
Team Size (2022)
25
Engineers (2022)
8
“Our fundamental product is called timecontrol. It's an enterprise timesheet system, and it's a little different than some of the timesheet systems on the market. We make a multipurpose timesheet system, which can be used not just for time and attendance, but also for project oriented time, for R and D tax credits. So an auditable timesheet system that can be used for billing, for attendance, and for tracking people's time.”
“Yeah, we have just under 300, so about two eighty at last count. So that's up a little bit from the last time we talked.”
“Our growth in terms of customer numbers is slower, right? We're growing organically by design and by intent, and we're selling an enterprise system. And so we don't really expect, it's not like we expect to have hundreds of new clients every month.”

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Bio

Chris Vandersluis is founder, President, and CEO of HMS Software, founded in 1984. He is a prolific spokesperson on enterprise timesheet and project management systems. His writing has appeared in a number of publications including Fortune Magazine, the AMA’s Handbook on Project Management, and Microsoft’s TechNet.

Company

Time Control

Pointe-Claire, Canada · Founded 1984

Revenue
$8.6M
Team size
10
Customers
280

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