Why Use A Time Tracker?

Posted by Jack Ryan on March 12th, 2020

When you work on many projects at an hourly rate, it becomes very important to know how much time is spent on every single project even with distractions so the customer bill is right and the owner of the company does not lose the money they had received.

How A Time Tracker Helps To Improve Business Efficiency

Time is money, do you remember? So it makes sense to keep track of time in a minute-by-minute to ensure the highest productivity and profitability of each of the employees, including the CEO. All the time not spent on billable projects needs to be assessed.

But some job duties are not billable to clients such as accounting, public relations, advertising, and so on. It is possible that time is being wasted could be spent working on projects. Moreover, it is still good to keep track of time spent on tasks of non-billable to assess whether there is a solution to minimize the time spent on each activity.

By working to improve continuously records the time spent on different projects and customer accounts, records can then be measured against income to measure the real productivity and efficiency of your business.

Optimize Your Business

When you can estimate the performance and productivity, including the cost and the work of non-billable, and compared with overall revenue, you can better understand how well your company does and what can be done to better planning and strategic decisions more information, CEO or project manager can assess the strength of the company.

The results of the use of employee hours tracker may be a more successful business that can grow appropriately and improve with a better idea of ​​what it might be or how many staff to add from time to time. Both large international companies and startups have to look for a solution such as a tracker as part of their overall technology to take advantage of all the amazing benefits.