In today's multi-tasking and fast paced environment, people think of various ways to improve their work productivity with minimal possible effort. In particular, those who work on hourly basis and shift their time between multiple projects, find difficulty in capturing their time spent on various projects.

1. Understand The Benefits Of Time Tracking
And Billing Software
Jonathan DavisJonathan Davis
Writes on online solutions to law firms includingWrites on online solutions to law firms including
Legal billing software & Time and billing softwareLegal billing software & Time and billing software

2. In today's multi-tasking and fast paced environment, people think of various
ways to improve their work productivity with minimal possible effort. In
particular, those who work on hourly basis and shift their time between
multiple projects, find difficulty in capturing their time spent on various
projects. Tracking work hours manually is time consuming and adds extra
layer of effort to the already existing work schedule. Sometimes when people
multitask on different projects, they feel pressurized to meet deadlines and
make mistakes in recording time accurately. In such cases, they may
unnecessarily lose billable hours on projects or create bad reputation with the
client for wrong billing. Professionals like lawyers, accountants and
consultants who bill their clients based on working hours, have realized the
importance of using time tracking softwares in improving their work
capabilities.

3. Being able to track time effectively using hourly billing software help people in
many ways, because it avoids difficult and complex things associated with
traditional methods. If you are an individual consultant, then analyzing work
logs will increase your abilities or approach tasks better for improved
performance. On the other hand, if you are a business owner, then
implementing time management strategies is very much important in order to
extract higher work productivity from the employees. Some of the online time
tracking and billing software tools make logging an effortless process for the
users. That means people can store documents online or have instant access
to time slips, bills and invoices using any device on the go. Other than
simplifying the process of billing and raising invoices, time tracking software
has many other significant benefits.

4. Record day-to-day work log
As every minute of your work is valuable and countable, recording work hours
in day-to-day hourly manner on various projects can help you track your daily
tasks. Sometimes, instead of focusing on billable work you can get distracted
into other non-billable activities. At the time of billing clients, you may also
forget or miscalculate the hours spent on designated tasks. By organizing
work logs in a timely manner you can avoid confusion at your end as well as
accurately generate bills with less effort.

5. All-in-one billing interface
Let us assume you have calculated the billable time but need to include
expenses before invoice is raised by the client. Or perhaps, you are working
for five clients simultaneously and want to generate multiple bills with
different set of expenses. Needless to say, if you are a business owner, it
becomes even harder to split bills for each consultant and generate separate
invoices based on their working hours. Time and billing software avoids this
confusion and reduces the effort on billing process because it not only brings
time, expenses and projects together in one interface but also includes
additional features like dashboard, CRM and reporting to simplify time
tracking activity.

6. Increased work productivity
Modern-day time tracking softwares have many features that can help users
analyze the hours spent on projects and time wasted on other activities. One
of the best things about tracking the time is, it helps people to have an
overview on their time spending and realize how productive they are on
different projects. Some businesses under value the possible benefits of time
billing softwares because they are used to old traditional methodologies and
do not know how to fully utilize the advanced comprehensive features.
Irrespective of size, online time & billing software help businesses to
accomplish multiple tasks, be it in tracking workforce productivity or in project
management & accounting activities.

7. Get payment faster
Back then, when traditional billing methods were in practice people used to
get delayed payments because it was a manual process. In present days,
everyone likes to get faster payments for their working hours manually.
Calculating billable hours on various projects, generating bills for that amount
and sending them to client for approval is somewhat burdensome process. By
using integrated billing software, many businesses or consultants are able to
streamline this work to make it less burdensome and more easier &
convenient. All in all, billing software enables invoicing to be shared with
clients online, which will reduce delays in billing process and ensures faster
payments.

8. Avoid billing confusion with clients
One of the possible reasons for developing misunderstandings with the client
is improper billing. It could be because you might have done some
miscalculation which is inconsistent with client records. Or perhaps the client
has made some mistake in noting down the working hours or missed out
some numbers while adding up the billable amount. In most businesses this is
a sensitive situation is not appropriate because even a small error in billing
could bring reputation loss to your business. By using automated time and
billing software you can avoid bad reputation with clients and also reduce the
risk of losing them due to wrong billing.

9. About TimesManagerTM
TimesManager is a cloud based Time and billing software designed
specifically for law firms to efficiently manage time tracking, invoicing &
billing activities. TimesManager Legal billing software offers accessibility to
time and expense tracking, split billing, CRM and document management. To
make the bill processing more efficient, the software also integrates with
LEDES, ABA and UTBMS task code applications.
Thank you for spending your precious time in reading this article!

10. About TimesManagerTM
TimesManager is a cloud based Time and billing software designed
specifically for law firms to efficiently manage time tracking, invoicing &
billing activities. TimesManager Legal billing software offers accessibility to
time and expense tracking, split billing, CRM and document management. To
make the bill processing more efficient, the software also integrates with
LEDES, ABA and UTBMS task code applications.
Thank you for spending your precious time in reading this article!