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

  1.      Create projects and tasks – The first step involves the creation of a project which is again further divided into tasks and sub-tasks. The whole idea is to offer both a micro and macro view of the project and monitor the progress closely. Once the project is created, the user, depending on the organizational hierarchy, gets to access the dashboard.
  2.      Accessing the timesheet- After the creation of the project and setting up the tasks, it is important to start with the timesheets. In any employee timesheet software suite, there are multiple features that allow the users to access timesheets and leverage it differently. There are features to create, edit and delete the individual time entries. The user can also add notes to the individual time entries and everything gets assimilated in a single report with multiple filters.
  3.       Leveraging reports- The modern timesheet apps and software suites offer features and functionalities in the form of plugins, mobile and desktop applications. These work together to generate intuitive reports for different stakeholders.
  4.      Integration capacity- Most employee task timesheet software available in the market currently is built in a manner that they are compatible with popular enterprise applications. Most of them work in tandem with other application to fine-tune existing business operations.
  5.      Generating Invoice and Payroll- The time entries are mostly used to bill the client, basis the hours worked. It is also used to measure the profitability of a project. The reports generated can be used to calculate the payroll for employees

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.

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