Does Your Company Need Time Tracking Software?

These days, very few businesses and very few industries can claim that they don’t get at least some benefit from using time tracking software. After all, most office jobs are performed using a computer and IT time management software can help you analyze the activities and the time spent on each corporate machine.

Before we go into why you might find time tracking software useful, let’s briefly explain what it is and how to use it. Basically, it’s a computer program that measures time spent on different tasks within various projects. It’s extremely easy to use - after the initial time management software download, all you have to do is implement it on your employees’ computers so that you can start collecting data and instruct your workers to indicate the duration of each of their tasks by simply clicking the start/stop button (unless you get a software with automatic time tracking, in which case they don’t even have to do that).

Now that we know how it works, let’s get into a bit more detail on which situations you might want to use this solution for your business.

Do You Want to Systematically Organize and Track Your Projects and Tasks?

This is pretty much what time tracking software is programmed to do. And sure, you can use some of the project management tools to organize your teams and keep track of tasks but if you want to track the progress of those tasks and see how much time and money was spent on each, then what you need is a functional employee time tracking machine that you can get in the form of a lightweight software.

It will allow you to take a look at the dashboard at any time and see all the projects that are currently in progress, as well as who’s working on which tasks. This clean overview can be a window into all of your processes, no matter how many employees you have. A single look at the dashboard and everyone is accounted for.

On top of this, you can also assign tasks, create new projects as they come along and even track your budget and the number of billable hours for each project. This goes towards providing a rather holistic overview that many companies would appreciate.

Would You Like to Have Access to Your Project Data from Anywhere?

An additional feature of the best online time tracking tool is that you can access its data from any computer as long as you have an internet connection. This means that you can see employees’ tasks and computer activity from your home, another office, business trip, and so on.

This is great if you have to travel a lot but you still want to get an overview of all the ongoing projects. Also, this functionality can prove invaluable if you want to track all the tasks in real time but your employees work flexible hours. It means you won’t actually have to be in your office in order to know exactly what’s going on with all the projects.

Do You Need More Accurate Project Estimates?

No matter how good of a grasp you have on how your teams work and how long it takes them to finish tasks, it can’t hurt to actually have hard data to back up your estimates. And if you’ve been using time tracking software for at least some time, you’ll have plenty of this data.

Every system, from cheap time tracking software to more sophisticated solutions, will keep your team’s historical data from your past projects for future reference. What this means is that, whenever you get a new project, you’ll be able to look back at the past similar projects, analyze your performance and see how long it took your employees to complete each task within it. This way, you’ll be sure that all the deadlines you set are realistic and tailored to your teams.

Conclusion

If your answer to these three very important business questions was ‘yes’, then time tracking software is obviously a solution made for your company. However, this was just a preview of what this system can do and there are so many more benefits that make trying out this software well worth considering.