You started running a business. Everything is going quite well, nearly as expected.

You achieved your first goals and have few enviable successes behind you. When

company starts to grow, you employ more people which help you to take care of

your business, you have more tasks to do and more things to control. And here is the

rub!

Let’s imagine you have a company. You employ Patrick. Patrick is a programmer with

rich experience. He is a good worker but has some flaws. He likes Facebook too

much. He visits the site too often. You think that tasks assigned to Patrick can be

done faster, but there is no sufficient data to be sure. Wouldn’t it be nice to know

Marlena Kuczynska

how much time Patrick really spends on unproductive sites and how this applies to

the entire working time? Probably it would.

Time tracking may be the solution. When employees track time to their timesheets

and have special application installed on computer, you get specific data as: how

much time your employees spend on work, on what kind of tasks and projects, and

how much money you pay for breaks.

You employ few people which work in the office and outsource some tasks to remote

workers from different country.

As company needs to pay salaries every month – you need to know how many hours

employees worked during the month and how many leave days they have taken.

Employees can start working at 8:04 a.m. to 6:04 p.m. or from 9:43 a.m. to 5:43 p.m.

and it is still OK.

The standard model does not work properly, because it doesn't give you any relevant

information.

Online time tracking with attendance system can automatically track time from the

moment of the computer startup until the turn off. At the end of the month you

application can generate a report with sum of all worked hours, listed to specific days

including holiday and sick leaves and then easily calculate the salary. No need to

calculate hours on your own and based on speculation.

Let’s say you bill your clients per hour. To know exactly how much money you need to

charge, you need a system which will gather needed data, such as: how much time

was spent on specific project and its tasks and how much time specific employee

worked on them. As you track time, there is no problem to gather necessary data -

and tracking procedure in time tracking software is easy – first, you create a project,

add subtasks and assign it to specific client. Second, you open a tracker choose a

task and as you work on it, time is being tracked. Third, you export tracked data to

invoice and bill your client. With most time tracking systems it’s easy to set an hourly

rate which varies for specific tasks and employees. This helps to automate the whole

process and lets you save time and focus on different things you need to do to get

paid.

As the errand comes, you need to estimate how much money you will earn on

project. You need to be able to plan how many hours you need for specific tasks in

the project, how many people will work in the project to exactly know if the project is

profitable.

With time tracking software you can exactly know how much money similar project

will cost you. It is a crucial part of planning process and also has a big impact on

fixed pricing creation.

As you gather data on time spent on projects and tasks, worked hours and breaks of

your employees, you probably want to be able to see transparent reports and analyze

it properly from different perspectives.

In time tracking software, such as TimeCamp, reports can be easily retrieved and

exported to external systems, such as Excel, project management or accounting

software.

This kind of metrics can be extremely important as it demonstrates the results of

running projects, tasks, involvement of employees and any other such as elapsed

time and budget.

Time is a critical dimension here. It will show your strengths and weaknesses and help

you detect bottlenecks of your business – and you know we all have those. Focus on

eliminating them and optimize workflow is a key to achieve success in the future and

save time. And as it’s been proven – time is money. Wasting one leads to losing

another.

They say that there is no such thing as too much data, but nobody wants to get lost

in it. One of the most important things in time tracking software is data presentation

and visualization. Combination of precision and user friendliness leads to quick and

painless analysis. Better planning is better results.

https://www.timecamp.com