Why Project Time Online Tracking Software Is A Necessity For Your Business?

Category: Project Management Software

qnaJanice serves as the manager of a startup in Silicon Valley. As the manager since 2012, she has been heading several teams of good web programmers, designers, and writers and in-charge of several top projects. Janice is deciding whether to use a project time online tracking software tool for the company. She asks—

“Hi. For our startup enterprise, I am thinking of getting the best project time online tracking software. Basing from an online comparison of project time online tracking software, our budget can afford one that offers a number of amazing features but is fairly easy to use. However, I need to further convince my bosses as well as the employees that getting such a software program is for the best. What is your advice?” –Janice, CA

Thanks Janice. It is great that you already made a review of project time online tracking software programs for your company. However, if you are also interested in improving your accounting operations, feel free to check out our side-by-side comparison of various accounting applications.

As the manager of a company, tracking employee and project time is among the logistical issues you will face. Therefore, it comes as a blessing that there are many project time online tracking software programs available on the market that can do this task. It is always recommended that before you buy a full version of a tracking software, check out its demo version first to see if the features, pricing plan, and other details suit the needs of your company.

It is also crucial to tell your employees that you are getting a project time online tracking software program not to track their every move, but to improve the workflow and reduce costs.

Below are five advantages why getting such a time tracking software is right for everyone.

  • It makes payroll quicker and easier. Typically, your employees are the ones responsible for tracking their time with this software program, automating and improving the payroll process. The minute they completed a task or finished work for the day, they can immediately file their work time in a time tracking software instead of say, manually handing the work hours and payroll information of your employees.
  • It improves client billing. If your business bills clients for your time, such as an application development, website design, or freelance writing, then monitoring employee and project time should become a big part of the billing system. Compared with a manual method of monitoring project and employee time, a software solution can precisely track time and allows you to set goals, create projects, and other activities.
  • It helps you monitor labor costs. A tracking software program lets you identify workflow areas for improvement. It allows you not only to run the business better, but also allows you to save more money, which you can use to, say, raise salary to your workers or buy better equipment.
  • It boosts employee task management. An online tracking program can help you schedule the tasks you assign to workers better, which may even help take some work pressure off the workers in general since there are improvements in the task management.
  • It streamlines workflow. It gives you an overview of how the entire business is running, making it easy for you to identify areas to improve on logistically. The workflow in your organization becomes clearer, more streamlined, and more efficient.
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The end result: a better-performing company with improved productivity, more income, and more potential for growth.

Hubstaff also provides a clear explanation why you need a time tracking software for your business. BusinessBee provides tips how businesses can best choose their time tracking software, including online software.

By Jenny Chang

Senior writer at FinancesOnline who writes about a wide range of SaaS and B2B products, including trends and issues on e-commerce, accounting and customer service software. She’s also covered a wide range of topics in business, science, and technology for websites in the U.S., Australia and Singapore, keeping tabs on edge tech like 3D printed health monitoring tattoos and SpaceX’s exploration plans.

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