Many human resource departments find it difficult to convince the higher management about the need and requirement of a time tracking software in the organization. So it is high time for human resource department to show the organization the kind of tangible advantages an effective time tracking software provides. Today, we will discuss the various benefits of a time tracking software and why your company needs it to improve your business processes and achieve the objectives and goals of the company.
Know where you are spending your time
Not only an employee’s time but anyone who browse the internet for time pass, definitely their productive hours are being compromised. So this kind of time theft happens right from a peon position to higher management officials. When such type of time theft is ignored by the management, it can unfavourably impact the productivity of the organization.
In such scenarios, how can organizations keep an eye on employees’ productivity and their activities related to surfing the internet can be recorded. This way, you can greatly control your employee’s work productivity and hence increase the company’s revenue.
Easy Payroll Processing
Beyond just tracking your employees’ time, some effective time tracking applications offer services much more than that. Stuff like building timesheets will assist the senior managers or management in processing employees’ payroll or salaries at the end of every month. Such benefits not only help the company and employees process their pay checks on time but also will ensure that specific responsibilities or assignments are completed before the given timeframe.
Some organizations offer completely flexible work timings for their employees and some don’t. In either case, companies never actually record the time their employees spend on each given assignment. So, this tracking application would be so useful in making your work much easier and very often, a part of the guesswork, out of payroll. It is highly useful for companies with small management with a limited number of employees.
Streamline Job Management
It is normal for companies to have some moving elements and some hard tasks that they and their staff members are bound to do on a frequent basis. In those scenarios, an effective time tracking application can help companies in making such jobs and project management much easier and simpler. When businesses have limited number of employees who are accountable for too many assignments then this will be highly useful. Tracking time of each and every employee and the amount of time they spend on each task or job will make it easier for them to manage their daily duties and manage their day accordingly.
Automates the Billing Processes
This is an essential element behind deploying time tracking application. More than just tracking your employees’ time, it gives you so many other advantages too. This tracking app will help you in precisely billing all your clients whether domestic or global. For example, there are organizations who bill their clients based on a number of working hours they usually spend on each job or assignment. Hence, this tracking app will help such companies in billing the exact amount. Of course, this stuff can be done manually too but there are a good number of chances of calculating it wrong or some common human errors while billing the client. But deploying this kind of efficient software, it will make sure all your billing processes are done to the right amount.
You already might be thinking that minor mistakes won’t much harm your business. But the truth is that they do matter and they do harm. You either end up losing the client’s project for not billing the client rightly (If the wrongly billed amount is more than the actual amount) or paying more amount (If the wrongly billed amount is less than the actual amount). So in either case, your business will be at loss.
Make Everyone Understand the Importance of Tracking Application
Obviously, no employee likes to track their time; What they are doing and How long they are doing. Especially if they are spending too much time on social media platforms. And there is a good chance for a solid misunderstanding to take place when you say that you have an idea of deploying a time tracking software.
This leads to two ways. One, they understand the importance and two, employees feel they are not being trusted or you do not have enough faith in them, then they may end up leaving your organizations. So in order to avoid all such disasters from happening, you should really try explaining to them why you think a tracking software is essential for your organization’s well-being and how it can help in increasing the employees’ productivity. In addition, you can ensure your clients’ billing processes and cut the unwanted costs down which is good for the organization and employees in the long run.
By deploying this tracking software, companies can have a better understanding of their business process, strategies, and the other related stuff status of it. As the tracking app tracks each and every minute of your employee’s time and the statuses of their projects and responsibilities, it gives you better insights and a good overview of each and every project. Soon you check the results of tracking software then you can plan your upcoming projects and assignments in a better way accordingly. This applies more to the logistics department or team. If required, managers or even higher management can rearrange the tasks or responsibilities of their employees if they feel a particular assignment is taking longer than they expected.
However, there is nothing in trying the tracking app. Nevertheless, a small groundwork on which one is the efficient tracking software will give you more benefits. If your clients indeed want to know how much time you actually spent on each job or assignment then it is an excellent way to show them since it shows your level of professionalism.