Why Time Tracking Software Is Unavoidable
There’s a drastic difference between managing 2 vs. 200 employees. As your business grows there will come a point at which incorporating time tracking software will become unavoidable. Time tracking technology helps ensure that your business remains profitable. Here’s how using the right time management software can benefit your business.

Employee Accountability and Increased Workflow

With timekeeping software, you can easily pinpoint your most productive workers. This can come in handy for those inevitable moments when your team finds themselves falling behind on meeting specific deadlines.

When first introducing timesheet software into your business model, you may be met with resistance from some of your employees. This is a normal reaction that is usually reversed after workers gain hands-on experience with the new software.

Employees are accustomed to showing up to work, completing tasks assigned by their managers via email or word of mouth, then returning home. Granting employees unlimited access to their timesheets allows them to evaluate their productivity.

Over time employees will learn how to assess their workload, determine the timeframe in which it can be completed and when necessary notify the management team in advance when they know finishing a particular task will be unlikely in the requested time frame.

Accurate and Timely Client Billing

If you bill your clients per hour, timely billing is crucial to maintaining the company’s cash flow. Say for instance your company has 200 employees working on 30 or more projects at once. Without the use of time management software, you’d first need to collect hundreds of documents from multiple departments.

But, this documentation must first obtain validation from each department’s manager. However, this is all dependent on whether team members accurately submit their information on time. It’s a flawed system that will delay your access to much needed working capital.

Cloud-based time tracking software with fingerprint time clock ensures that real-time data is available for every job. Employees are trained to enter their hours worked on a daily basis, and this data is easily accessible to departmental managers who are notified whenever their approval is requested.

With just a few strokes of the keyboard, you will have access to all the information needed to accurately bill clients in a timely manner.

Identify Cash Leaks

One of the benefits appreciated most by business owners is the ability to cut costs. The centralized system of reporting the business’ day-to-day activities makes it easier to identify non-performing employees, problem clients, and inefficient practices.

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