December 2, 2011 (Powerhomebiz.com) ”We frequently see customers running a dozen applications ranging from issue-trackers, project management, tasks management, timesheet, time billing, employee attendance and expense management, each with different GUI and logins. Our goal is to integrate these applications into a single system.” says founding member of TimeLive.
TimeLive Timesheets is entirely written and architected using Microsoft’s award winning .NET Framework architecture. TimeLive Timesheets offers an entirely thin-client interface via Microsoft ASP.NET AJAX, and fully supports both Internet Explorer and Firefox web browsers. Thus, TimeLive timesheet’s client interface fully supports both Windows (Internet Explorer and Firefox) and Macintosh (Firefox) computing platforms with no loss of features… even the same easy-to-use interface is maintained across browsers and operating system platforms.
The following are some of the details of TimeLive Web 4.1.1 integrated modules:
1. Timesheet
2. Time billing
3. Project management
4. Project expense management
5. Task management
6. Issue Tracking
7. Employee Attendance
8. Employee off-days / leaves management
9. Timesheet / expense approvals
10. Project Collaboration tool.
11. Time billing.
12. Quickbooks Integration
13. Custom Reports
For complete detail of TimeLive 4.1.1 features, visit
http://www.livetecs.com/Home/Features.aspx
Both hosted (ASP) version and downloadable version (unlimited storage quota)
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Both downloadable and hosted version comes with fully functional, free up-to 5 users option. Downloadable version fee is just US$ 300 (one time fees). Hosted version price is starting from US$ 50/month for 10 users. Source code price is just US$ 900.
http://www.livetecs.com/Home/SourceCode.aspx
http://www.livetecs.com/Home/Pricing.aspx
TimeLive is developed using ASP.Net 2 and Microsoft Ajax 1.0. For database, Timelive is using Microsoft SQL Server database

This looks great and promising.
But, at the moment if you want a free alternative but still does the basic tracking and managing of tasks, you can use timedoctor.com It’s also open source so you won’t have to worry about compatibility.
I’ve been using that for my team of freelance workers and so far it has increased our productivity.