When your employees are working on several projects for several clients, use a time tracking app to get the hours right. Not only will you be able to bill correctly for their work but you will also make sure to get employee hours right for payroll. What does a time tracking app do? A time-tracking app like TSheets keeps track of when your employees are working and avoids your having to pay when they are not.
Time-tracking apps are tools used to record hours worked and for whom the hours were worked. They are useful for billing, payroll, and general business operations. With time-tracking apps, it is easier to automate both invoicing of clients and payroll. And, when you want to analyze how a job is going and what it is costing you, time-tracking apps give you insights that you would not otherwise achieve. You will find it easier to plan budgets and control cash flow with the accurate employee hours that a time-tracking app provides.
Theft is often a problem in business but tools and proprietary information are not the most common things stolen. Time-stealing is common in many businesses as workers adhere to Parkinson’s Law that says work expands to fill all available time. Because nothing is “missing” it can be hard to sport time theft. But, with a time-tracking app, you will have real time information about work being done and much better insights into work efficiency.
Productivity as a function of hours worked goes up when you use time-tracking apps. You are not paying for stolen hours and employees tend to be more focused and productive.
Time and effort tracking hours is more efficient with a time-tracking app like TSheets. The app captures hours as they are worked and automatically does the wage calculations for payroll. The app also allocates hours worked to the correct projects so that you can invoice more easily and better track time and money spend on in-house work.
Your workplace becomes more transparent with a time-tracking app. Work performance is much easier to evaluate and problems can be spotted quickly and dealt with more efficiently.
Deadlines are easier to meet because you have an accurate view of how much time is being spent on a project and how much more time will be needed to complete the job. This also helps you project cash flow needs.
Your supervisors and managers are empowered to handle work flow problems as well as time theft. This shortens the time needed to spot and deal with time-flow issues and takes some of the burden off of you, the owner.
When you use TSheets as your time-tracking app your employees start the process with a click, accurately track breaks, and give you a clear idea of how much time they are spending on the job and how efficient they are.
The app works on mobile devices so that anyone working out-of-office is still in the system. In addition, the app lets you set up schedules and coordinate with other workers, all of whom can be monitored by the app for the same or various projects.
Contact us at Exigo Business Solutions for more insights into how time-tracking apps can help with your payroll and invoicing.
