Time tracking is the key to many processes in an organisation and finds its value across a number of industries. Whether you are an HR administrator, a business owner, or a freelancer paid for billable hours, time tracking is essential — and automated time tracking software is what makes managing timesheets bearable. From getting the most out of your resources to saving time and effort, it has proved its worth for businesses of very different kinds.
What is time tracking software?
Known by several names, including time management software, time tracking software is a tool that automates your timekeeping. Employers have used it for years to keep a tab on the billable hours of employees. Businesses also use it to maintain the timesheets that invoices to clients and vendors are built from — and it brings real efficiency to project management along the way.
How is it useful for a business?
Every business has to keep records of its employees’ hours, and its own, to generate payroll or raise invoices. Time management software makes tracking those billable hours accurate and brings efficiency to record-keeping and billing. Conventional methods still exist, but the software has made them largely obsolete: it is more credible, more accurate, and consumes far less time and resource.
Adopting it also makes your time management more transparent, supporting a work culture that gives employees and associates job satisfaction. Both employee and employer can see the timesheets and keep track of late arrivals, leave, absence and the rest.
By updating the time record daily, you keep timesheets accurate, save a good deal of time, and improve productivity.
Who can benefit from time management software?
Lawyers, accountants, consultants, handymen, bookkeepers — the benefits apply across all of them. It is a quick, dependable way to manage billable hours without losing time to scattered records, notes and other traditional timekeeping tools.
The benefit grows when the timekeeping is integrated with the systems you already run. Software tailored to your organisation’s requirements keeps information about working time up to date, and covers full-time employees as well as contract and outsourced work — right through to creating the invoice at no cost on our free plan.
Time tracking with Invoice Office
At Invoice Office we provide time tracking tools at an affordable rate, which puts them within reach of businesses from home-run to large scale. Investing in the software brings autonomy to your organisation, saves tedious hours of timesheet maintenance and increases productivity. See how the timesheet works to get started.