The market offers a wide range of time tracking solutions to help companies monitor employees time on specific tasks. Finding the right software can be daunting.
Ask for yourself these important questions when selecting the right time tracking software for your organization.
This is one of the most important things to consider. Whether you are a freelancer or employee, you need to track your time for both your non-billable or billable work. Billable work is essential for your invoicing. While tracking non-billable hours, in turn, helps you to keep measure efficiency across the company to assist with long term improvement.
It is vital that you bill your clients properly and with the correct amount of time. If you don’t register the time you actually spend on a job you can’t reliably bill the client for it. This means you could be losing money. Therefore, choose a time tracking solution that helps bill your clients for exactly what work has been done. Hence, you can and eliminate any haziness for your customers. As a result, time tracking solution you purchase is one of the best measures for getting your invoices paid quickly and hassle-free.
Make sure that your company’s all overtime hours are recorded and payroll is properly distributed. If employees don’t accurately track overtime, your company could be breaking the law.
The chosen time tracking solution should be able to both grow and down-scale with your company as your business dynamics change. Make sure, there are ready made solutions for your chosen time tracking solution. You need them when you want to integrate with other systems, especially systems that are important to your business. However, the best option is time tracking built into a comprehensive business software, like PlanMill ERP.
As a manager, you want to get some answers for core issues. For example, which customers and projects are most profitable? A good time tracking software should help you to compare performance across business units and to see billing cost data that offers immediate insights for driving increased productivity.
Choose a time tracker that is cloud-based and mobile. That way you and your employees are not restricted to a certain device and time. True flexibility means you just need an internet connection to ensure your time tracking is done.
Reporting time should be easy. Thereby, choose the system that is intuitive, so you don’t need to train team members how to use it. And, if time tracking is new for your business, it must be a very simple addition to your workday. So, select an easy and user-friendly time tracking solution.
Time tracking solution explained on Wikipedia
PlanMill Ltd. is a leading provider of user-friendly web-based CRM, PROJECT and ERP Cloud solutions designed for the service business. We enable organizations to streamline business processes, improve control of their customers, personnel, projects, and finance.