What is a Time Tracker?
Time Tracker, online software used to keep track of, maintain, and manage employees’ working hours for billing, payroll, or operations. By providing insights over employee’s time spent on different tasks, projects and tasks, a Time Tracker enables you to set productivity goals and eradicate slacking.
Often companies are not aware of the potential productivity level they can reach, profit they can earn and efficiency they can inject into the overall project pipeline. To comprehend this and achieve the maximum productivity as is supposed, you have to practice and implement the ritual called “employee monitoring” in your day-to-day business hours.
Need for Employee Monitoring:
Before we proceed, let’s see what’s employee monitoring in the first place and what role does Time Tracking software have to play? Employee Monitoring, an act implemented to keep track of and up-to-date your employee performance, attendance, computer activity and so forth. In general, software or an online web tool will be used to automate the monitoring activities.
In this way, companies need not invest separate money and resources in a bookkeeper. And this is where a fully automated time tracking software comes into the picture, which helps organization replace a time-consuming attendance tracking burden.
Why do you need a Time Tracker?
Having talked about the significance of employee monitoring, let’s now deep dive into the need for time tracking software.
Transparency
Most of the companies have their setbacks due to ambiguity and unaccountability that are present within an organization. Unless and until each individual is made aware of the ongoing projects – their status, goals, head-count involved, future steps, issues, etc., it’s unlikely to work together with clarity. It is why companies must inject transparency and, thereby, the source for accountability.
Boosting Productivity
Regular employee monitoring and fine-tuning operations are mandatory to get the ball rolling. Mere attendance tracking and working hours calculation will not get you the ideal ROI and success ratio, and continuum monitoring steps must be practised so as to differentiate productivity from idle time-out. This is where a fully functional automatic time tracker is necessary to bridge the productivity gap.
Eliminating Bottlenecks
About bottlenecks, Gene Kim, in his book, The Phoenix Project: A Novel about IT and DevOps, quotes as follow; “frustrating and soul crushing experience of not being able to get simple changes into the codebase, because we had inadvertently created intolerable bottlenecks”. If you are familiar with the impact of bottlenecks, you would also be aware that the elimination of bottlenecks will maximize the throughput of enhancements from “code completion” to “in-production” without disrupting the IT environment.
By making Hoursheets a part of your business routine, you will be manifesting both productivity and profit. It is because we let you early detect bottlenecks across persons, projects and technologies in not time.
Want to purchase time tracking software for your business and know where you stand in terms of your employee productivity? Visit our Hoursheets’ full feature list and Plans & Pricing to know more.
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