Quick facts about employee time tracking software

1. QUICKFACTSABOUT EMPLOYEETIMETRACKING SOFTWARE

2. Time-tracking software is a software that allows employees of an organisation or project to record time spent on tasks or projects. The software is used in many industries, including those who employ freelancers and hourly workers. It is also used by professionals who bill their customers by the hour.

3. Employee time tracking software holds employees accountable, while they remain in control of their workday. They can evaluate how long it takes to complete tasks and monitor projects to maximize efficiency. Likewise, your organization gathers all the data they need to bill clients and ensure that payroll is on-point. One of the biggest perks of employee timetracking software is that you can monitor all the meetings, project tasks, and client feedback sessions that happen in between. As such, it gives you the opportunity to analyse the team workflow and look for gaps.

4. An employee time tracking system also allows you to record billable hours so that it’s easier to invoice clients who are billed by the hour. It gives you data that shows all the tasks involved and which team members completed each step. Many time tracking apps even have invoicing built-in so that you don’t have to migrate that data to another tool or manually input payable hours.

5. It also helps to streamline the payroll process. The traditional payroll process involves a lot of manual data entry. You must collect all employee time cards for every department. Then calculate how much they earned that week based on their pay rate. That’s not even including withholding. Time tracking apps tackle the payroll process for you. All you have to do is simply add employee info, like their hourly wage, and the system takes care of the rest. That said, you can still manually input data to adjust their weekly earnings.

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