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5 Benefits of Time Tracking Every Successful Company Should Know


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Time is money, and successful businesses cannot afford to waste either. Time tracking is an easy but effective way to maximize productivity for any company. Timesheet software automates the time tracking process and enables you to see how employees are allocating resources. In this presentation, ClickTime outlines 5 specific benefits of time tracking software.

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Published in: Software, Technology, Business
  • Benefits of timesheet: 1. Well, timesheet can help you and after completing the task you will know exactly that what activities you have spent and for how long you have spent on it. 2. The data will assemble electronically in timesheet so you can also retrieve the data anytime in the future for references. 3. Time tracking also keeps project scope and budget under control. It admits data to be conveyed to text files, spreadsheets and it also expedites management to share time critical information as well. Refer
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5 Benefits of Time Tracking Every Successful Company Should Know

  1. 1. 5 Time Tracking Benefits Every Successful Company Should Know About © 2014, Inc. 1 C L I C K T I M E P R E S E N T S
  2. 2. © 2014, Inc. 2 Time tracking is essential to business. Managers need to know how employees spend time in order to maximize efficiency. Time tracking software is one solution to staying organized without the hassles of micromanaging. For businesses, one of the most frustrating tasks is tracking employee time. Time Tracking Overview
  3. 3. 1 Time tracking increases efficiency Increased productivity is one of the best byproducts of time tracking Know in advance if deadlines need to be rescheduled. Approve or deny timesheet submissions. See how their employees’ time —an invaluable resource—is spent. © 2014, Inc. 3 M A N A G E R S C A N :
  4. 4. 2 Time tracking provides deeper insight into costs © 2014, Inc. 4 Understanding how time is spent enables you to cut down on costs and address inefficiencies Save valuable time and re-invest it into your business! SAVING TIME = SAVING $
  5. 5. 3 Time tracking streamlines payroll processes © 2014, Inc. 5 ClickTime benefits both employers and employees! With timesheets and payroll automation, employers can pay their employees accurately and effortlessly Timesheets are reliable reference tools that make the payroll process quick & painless DID YOU KNOW? Firms, on average, lose 7% of its annual revenue when employees misreport time.* *True Wireless
  6. 6. 4 Time tracking increasesclient billing accuracy © 2014, Inc. 6 If your firm bills clients by the hour, time tracking is vital to your company’s success Time tracking software helps you accurately bill your clients and generate professional reports & invoices
  7. 7. 5 Time tracking allows efficient project planning © 2014, Inc. 7 Time tracking software & mobile apps are great for organizing projects and generating budgets in real-time Mobile apps save small businesses 600 million hours annually* *AT&T and Small Business & Entrepreneurship Council 2014 Survey Smartphones & tablets save about 2 billion hours annually*
  8. 8. © 2014, Inc. 8 Timesheets help you manage & track individual tasks without losing sight of the big picture What have we learned?
  9. 9. © 2014, Inc. 9 At the end of the day, it’s nice to have all your accomplishments laid out for review in front of you
  10. 10. Resource Planning Cost Analysis Billing Accuracy Work Efficiency © 2014, Inc. 10 It’s the circle of life Streamlined Processes TIME TRACKING
  11. 11. To learnmore, visit our website at © 2014, Inc. 11 and sign up for your free trial!