Time tracking is one of the biggest concerns and necessities of many business. Be it any vertical, every company has to think about time tracker management systems for employees, irrespective of its size.
What is Time Tracking?
Time tracking is a practice, which involves keeping a record of employee hours at work and overtime.
A strategic time tracking management and attendance management includes tracking, record keeping and reporting of each employee at work and leave. Time and leave calculation help in employee payroll every month.
Must read – 7 BEST kept Time Tracking Secrets
Traditionally, the method is practiced manually with manual hour calculation and attendance management of employees. Handling sheets and papers can be tedious and error-prone at same time. Hence, time tracking software for employees.
How time tracking software for employees can be helpful?
In today’s date, a huge number of companies of almost every industry rely on automated time tracker management systems to satisfy their HR needs.
Important human resources (HR) activities include employee payroll, recruitment, retention, CSR, budgeting, resource management, and so on. Chances that the HR manager could commit errors lacking an automated time tracker.
This is where time tracking software for employee management comes into picture. The tool makes data tracking and handling easier for HR and admin. Accurate data later helps into fool proof payroll processing.
Given below are top 5 benefits of time tracking software-
- Precise bills for contractors
- Instant updates on project
- Report analytics
- Transparency at management
- Team productivity
Precise bills for contractors
Calculating accurate bills and pay for your freelancer or contractor may demand an automated time tracker tool. Inaccurate calculation of hours may invite costly errors shaking up your entire budget.
You may need to look closely at the tracker and accurate minutes dedicated at work. Automated timesheet and time tracking software allows your employees as well as contractors to fill in the time details for accurate bills.
Accurate contract bill is one of the popular benefits of a time tracking system.
Instant updates on project
A cloud based time tracking software for employees enables your whole team to enter time quickly and accurately. Anyone with the permission can access to the cloud-system from their mobile device to instantly update their data and provide right hour data.
This is done irrespective of your location and time. Online availability enables flexible updating of projects and their proceedings.
One best benefit of on-click reporting through attendance management system is able to compare time consumption with respect to parameters like project, employee, etc.
Capable of having the insights to track project details with respect to time can help you improve and avoid hurdles. Recording data able see the analytics through time management solution makes it great asset for businesses.
Transparency at management
Easy time provision and employee interface makes time tracking software an effective portal for logging their hours and create transparency in management. Managers or team leads can have an overall view of their teamwork and contribution at work.
Transparency created by HR solution helps in building better relations and thus healthy culture.
As discussed in the previous points, transparent time data and easy to access any information helps nurture good vibes and environment within a team.
With time-tracking, your employees will have a better idea of how they are performing. It can also help optimize their time consumption over a given work. Ability to track also gives you ability to improve over time, conditions you utilize the data.
About Pocket HRMS-
Pocket HRMS is a new-age intuitive HR software. Our integrated time tracking software and dedicated employee experience solutions make it a perfect pick for businesses craving for success. Let your HR no more miss any important data and automate HR tasks.