Time waits for no one! Agree? And so people sometimes fail in time management and face issues like, 'Oh, it's too troublesome!', 'Why we are facing downtimes?', and so on...
Technology has given us so much, so why not to make any use of it and invite tools like Time-Tracking Software System to our organization or business. Yeah! The time-tracking software system is a set of tools that aids the managers and employees of an organization to track and record time spent on different tasks and operations running within the organization.
It doesn't matter, how long or small your business is, time-tracking software is for all. The software has made the business people facilitate increased productivity, efficiency, profits, and steady workflow which is the final upshot of any business. From tracking the time of the entire working cycle to that of handling expenses, the software is there to play its significant role in rescuing workflow in this difficult working-scenario. Also, it understands the commercialism and the client's task urgency and so it makes sure that no tasks are blown and missed plus each function gets performed on time.
As we all are familiar with today's fast-paced business era, each business spins around countless tasks concurrently. With such hustle & bustle, there are absolute chances of a few mistakes and blunders that will directly affect the effectiveness and productivity of the business. So, without thinking of much, business people must get connected with time-tracking software. It will create a way to overpower the creativity and focus out of your team.
Different Types Of Time-Tracking Software
Today, the time-tracking software is more than anything for the businesses, the way it tracks and monitors the overall tasks and operations is the way to get complete efficiency and productivity along with the client's trust.
There are different types of time-tracking software with different key roles and functions. Let's get introduced...
Time Tracker - This categorized software enables users to measure time in/out using their mobiles-phones or computers to mark the start/end time of a task. It also has analytics and recording of all time-taken data that condense other information for insights.
Timesheet - The software has a principal feature that is an online timesheet that is convenient for computers and mobile gadgets. To automate wage count or an invoicing app for billing, it may combine with a payroll operation. The integrated cloud technology timesheet enables the users to track working hours at the office. Moreover, a common feature that it carries is a dashboard that illustrates real-time data to improve sustain employee hours or control time-offs and absences with alternatives fast.
Project management - There are many time tracking software solutions that are a member of a greater project management system as time tracking is fundamental for project completion. In such a state, they are classified as project management software, but because they have an outstanding time tracking hallmark, they can reach out under the most prominent category of time-tracking software.
What To Consider While Buying Time-Tracking Software System
Again, when it comes to selecting the best time-tracking software, it sometimes gets tricky and tough. It is not only for this particular software, but while buying any of the technical aid, there some considerations that you must look at to buy the best without creating a hole in your pocket. By making sure the important considerations, you will get the idea of the long-term durability of that software.
Let's learn about some buying factors...
Check for payroll integration - While choosing your time-tracking software, make sure that it allows the users to help in automating the payroll, billing hours and invoicing. Also, it must be integrated with other vital business solutions like management, accounting, and productivity features.
Accessibility - Look, whether the software is accessible in multiple ways or not. There may be some times when your team does work remotely, so the software must be accessible from mobile devices. It must integrate the cloud technology so that it will let you and your team access the data and the entire system on browser from anywhere.
Offline functionality - The Internet may refuse to work any time, who knows? Its connection can be a problem at any time, but your work must not be affected by that. So always check that the software you are buying can work offline and gives you a room to modify to internet interruptions, and once when you are back online, the software must be able to sync and update all the data.
Report details - For an effective and seamless business running, all the daily, weekly, monthly and yearly reports of slice and dice data are necessary. So make sure your software will do that, it makes the insights scalable for all the employees on board.
No micromanagement - There is an irony that time-tracking of everybody’s tasks in detail can waste the manager's time. So make sure that you commit time tracking to supervisors and focus on the pitfalls, bottlenecks, profits, and priority tasks. The software must be in cooperation with you when you delegate time tracking to supervisors and other employees.
Major Significance Of Time-Tracking Software
1. Payroll management
The time tracking software system helps the managers in controlling payroll management with increased efficiency. It maintains and stores the timesheets to monitor the employee's working and non-working hours. With this, they easily calculate the salary of each employee as per their working hours and days.
2. Improves quotes and estimates
With accurate records and quotes, the software gets managers off on the right foot with their clients. By tracking the time spent on each project and task, you can further adjust and improve your estimations and quotes.
3. Online voicing
If your business does by billing clients based on hours and minutes, then this is the best benefit of time-tracking software for you. It tracks all the genuine worked hours with accuracy and generates automated bills as per your settings of time and rates. It helps you to deal with your clients with transparency.
4. Effective user management
The software is responsible to create groups and management of users across different teams and departments. It easily assigns tasks and delegate team tasks to a team leader. It includes permissions of different user types like admin, manager, and staff to control system accessibility concerning the time allotted for each task to the teams.
5. Reporting and analytics
The time-tracking software lets you create reports on a few clicks to dish out analytics of a wide range of data. It allows you to review the total time spent on specific projects and analyze the regular statistics of each task.
In a nutshell, it can be said that once you have decided to install the time-tracking software in your business, you will witness the expansion in your productivity and efficiency. The above-discussed aspects and benefits of the software are worth making you aware so that you can run your business successfully with an absolutely steady workflow.
ProMIS.ONE is one of such time-tracking software that is exclusively designed for all business segments, from startups to well-established businesses. The software is blessed with flexible project management web application, multiple projects support, flexible role-based access control and flexible issue tracking system. So don't wait, give us a click and visit us TODAY!