Nitin Mittal Senior Manager, Assurance and Risk Advisory at Perfect Accounting .and shared services Pvt. Ltd. Read more…
Nothing is more valuable than time. The key to drive growth, efficiency and productivity amongst the employees is by simplifying processes to manage time and people. If enterprises can encourage its employees to take ownership of their work and time, then there is no stopping any business vertical from experiencing profit and huge savings. Imagine spending a huge amount of time on every Friday evening, trying to remember what work done in whole week. Is it not a total waste of time? It is much more convenient to log in to employee time tracking software every day for 5 minutes and accurately record the time spent on a particular work.
A lot of time, employees end up spending longer hours working on something that is not profitable enough. The only way an enterprise can help its employee gain visibility into the work they do, vis-a-vis their cost to the company, is by automating the time tracking process. While one cannot increase the number of hours in day, one can definitely put to use smart intuitive dashboards, offered by the online employee time tracking software, to skilfully prioritise work.
There is a lot of myth is generated against timesheet software. Some consider it as an authoritative tool aimed at micro-managing all tasks. It is important to bust this myth in order to look at the bigger picture of growth for everyone and profits for the organization. Two thing here call for important consideration and they are:
So let’s see how time tracking software and applications can methodically scale up optimization of time
Often there are times when the team does not meet project deadlines in spite of having many hands on deck. Timesheet management software comes to rescue by revealing work allocations and whether there is a resource crunch that is not apparently visible. This helps in saving time and enables a project manager to take necessary action to deliver the best results to the clients.
Time tracking software helps project stakeholders to have a clear distinction of the tasks within a project that are either productive or not that productive. So the non-productive tasks that are time-consuming can be identified and outsourced to another internal team or a service partner. This way, the entire focus can be brought back to business critical functions and resources channelized. Time is equivalent to money and therefore, every decision is critical.
Timesheet management is one of the critical aspects when it comes to measuring the success of a project at every step. The time tracking software offers intuitive reports that track every stage of the project lifecycle and brings to notice the grey areas that impact productivity. Therefore, one cannot undermine the business support functions offered by the employee time tracking software.