Nitin Mittal Senior Manager, Assurance and Risk Advisory at Perfect Accounting .and shared services Pvt. Ltd. Read more…
The market for employee timesheet software has been building up since the last couple of years owing to soaring need for fine-tuning the overall business processes. Timesheet Management software, as the name suggests, is not just about minutely recording every second of time. It has a whole gamut of functionalities that roundup as an accounting software, project management system and payroll system. Interestingly, the same system offers multiple interfaces for users at different levels in an organization. For example- an employee will login to the system for filling up the daily timesheet and deliverable details. A project manager can intuitively use it for understanding the progress of the project and the contributions from the teammates. For human resource personnel, the timesheet software would work as a tool for calculating the payroll and generate invoices for the clients. These are just a basic few to name but the way the timesheet management system has evolved, it is nothing less than pure revolution!
Let’s list the logical steps to understand the workings of online employee timesheet software
Deep Diving and Harnessing Time as a Resource
The time tracking software is not just about meticulously noting the time that the employee has spent in a workplace. It is something deeper. Investing in a timesheet software is an effort to develop a work culture of valuing time. It also works as a tool empowering every employee to understands his or her worth. The entire value proposition is to unitedly work towards having a mechanism whereby an employee can measure his or her own productivity and get insights into areas where he or she can improve.