How Using Timesheet Apps Can Improve Your Business Process

Wednesday, 23 June 2021 08:46

How Using Timesheet Apps Can Improve Your Business Process

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Manual time logging and paper-based timesheets just won’t cut it.

These take too much time and effort to accomplish, are easy to forget, and often open to human errors leading to inaccurate entries.

The good news is, you can streamline logging and tracking work hours with a reliable timesheet application.

A timesheet app helps you stay on top of your staff’s daily activities and output to ensure everyone works efficiently.

With a time tracking solution, you can minimize wasting company resources, improve employee productivity, and even gain quick wins from your next collaboration project.       

Read on to learn more about how timesheet apps boost your business process.

Timesheet app: What is it?

A timesheet app allows users to record the amount of time each employee works on projects or tasks.

Managers, human resources, accounting departments, and employees use it to log work hours for payroll, billing, and operations (among others).

Essentially, a timesheet app could help capture the time employees work on assigned tasks and, in turn, streamline workflows.

Time tracking software with robust features can give you business operation insights, including the specific tasks that take up a bulk of your employee’s time and cost you the most money.

This can help you identify gaps, plan your project budgets, and implement appropriate strategies to improve your business processes.

6 Benefits of using timesheet apps for your business process

A reliable time tracking software offers a myriad of advantages for your business, such as the following.

1. Keep everyone on track

Time tracking software allows everyone across your company to input the hours they take to complete each task and lets them see their performance. This helps your staff stay on track and take ownership of their workload.

The time tracking data from timesheet apps can inspire a sense of urgency, prompting your employees to work more efficiently to meet deadlines.

It can help discourage them from slacking off and motivate them to diligently work better when they see their progress based on their accomplished productive hours.

2. Conduct data-based team workflow assessments

You can get more out of timesheet apps than your employees’ time logs at the start and end of the workday.

Some timesheet apps have features that allow you to track all your project tasks, meetings, and client feedback sessions (among others).

All this data can give you relevant information to analyze your team workflows and identify gaps. For example, timesheet app data can show you if a specific task should have been accomplished in an hour, but it took your employees three hours.

This can help you drill down on the cause of the delay and identify appropriate solutions, such as additional resources, perhaps, to help streamline their workflow. 

3. Track employee work hours anytime and anywhere

A time tracking software that allows employees to log in their hours and lets managers view them anytime and anywhere offers a convenient way to access, monitor, and get data from your timesheets.

For instance, cloud-based timesheet apps ensure efficient and accurate time logging and tracking. This allows your remote teams and field workers to record their work hours using any compatible device regardless of their location.

Cloud or web-based time tracking software can also centralize your timesheet data. This gives you a staff attendance view in real-time and allows you to quickly and easily access the information. It can expedite your data updating and other critical aspects of your operations.

4. Streamline your payroll process

A traditional payroll process includes tons of manual work, from collecting employee time cards from each department to calculating each personnel’s weekly (or monthly) earnings based on the pay rate.

Time tracking software eliminates these tedious, time-consuming tasks by automating crucial aspects of your payroll process.

You can input the employee details into the software system, such as the hourly wage, and the app can take care of the rest.

Some timesheet apps can automatically calculate employee wages for each shift based on modern awards or Enterprise Bargaining Agreements (EBAs), including penalty rates and overtime pay.

All you need to do is configure the rates for the various roles, and the time tracking software crunches the numbers for you.

With the timesheet app doing all the grunt work, managers can do away with boatloads of manual, time-consuming work, streamlining your payroll process. 

5. Get financial oversight

The data you get from timesheet apps can give you a high-level view of your human resource spending versus the amount your company brings through your client invoices.

Your time tracking software data can also give you a better idea of your employees’ contributions to your bottom line.

For example, timesheet data can tell you if an employee costs an X amount monthly but earns triple that amount in sales.  

You can also pull the numbers on individual staff to determine whether they contribute to your bottom line or drain resources without delivering expected or significant results.

With time tracking software, your managers can compare timesheet hours against rostered hours and your wage costs against your sales to help you optimize your budget and resources.

6. Gain accurate data for performance reviews

Time tracking software provides the reliable data crucial to conducting effective employee performance reviews.

For instance, you can get figures of your employees’ performance from your timesheet app to assess and compare them with the rest of the team.

You can use the time tracking software data for discussion and help you and your employees determine strong points to emphasize and weaknesses to improve.

Remember that the number of accomplished hours alone does not equal excellent performance. However, these do play a crucial role for your employees to deliver quality results and, in turn, boost your workflows and business processes.      

Ready to take your business process to new heights with a timesheet app?

Timesheet apps provide convenient and streamlined employee work hours logging, and time tracking for managers.

It also gives you better staff productivity insights to enhance your workflows and automate critical parts of your business processes and operations.

Find a reliable timesheet app that will improve time management across your company and help steer your business to growth and success.

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