Web Timesheet - Version 8.5.1 TimeLive comes with these types1. On-Premises VersionWith on-premises version, you simply are required to install the software and you can start working on it. The installation wizard is simple to use and will guide you for step by step installation. The data generated will be stored on your system or server as per your choice for easy access. The main features On-premises version are:On-Demand Version (Online Timesheet)2. Hosted Online timesheet:The employee timesheet is hosted online and is continuously monitored.