Time is money!

Being an employer or an employee, your only need is to fulfill financial needs. Time tracking is a vital aspect to be done regularly for keeping track of productivity, payments, and invoicing purposes. By the means of cloud technology, it is possible to track employees’ activities, by logging the information about the time they have invested on certain tasks, and then produce reports which give clear picture of what is going with your business.

The time tracking web-based applications are useful for all such type of businesses, even for small startups to big enterprises. These solutions are great investment for any business type, whether it’s bookkeeping and accounting, hotels, construction, heating and plumbing, retail, cleaning services, and many other industries where handling and tracking team activities are difficult.

Time tracking softwares have number of things which can be done with these, like processing payroll, dealing with important administrative processes, and tracking time. Thus it helps employers by knowing how resourceful the particular employee is, while employees have assurance of being paid for every minute that they have worked.

There are number of features which need to be considered while choosing them like time to set up, responsiveness, scalability, reporting, cost, and so on. The following are some which satisfy above mentioned features.

1. EmploTime

This is the best web based time clock and also the least expensive. It doesn’t require any installation, just login to portal then create employees and authorize them to use company time clocks; these devices will capture Clock In and Clock Out. You can authorize as many clocks required.

The geolocation feature helps to fetch the employee’s location with no need to enter details manually; it will be fetched automatically which will help managers providing them with correct details. This features irrespective of tablet, pc, or mobile. The notes feature lets employee to give the description to the work they are doing.

It lets you fetch reports for giving extra wages based on daily or weekly overtime and in the specified format required like excel, PDF, or word. This also lets employee to punch as many time they want. This helps manager in monitoring the breaks of employees by Clocking In and Clocking Out number of times and at the same time to make out total of regular and overtime hours. The manager have option of resetting clocks of all employees at one go, in spite of changing one at time.

The manager or chief can get the online notification of the login of any employee online by means of notification like mails. The manager can manage the employee’s vacation, and can export it in form of report like PDF, thus use it for assignment of work to different people. This software offers a free one month subscription and at the same time it costs very less for a year after the subscription is over.

2. Mavenlink

Mavenlink gives powerful services and software which help organizations to conduct their business online. It lets you track expenses and times in the same place one manage projects to understand margins and costs. Thus it empowers businesses to track project timelines, manages expenses and time, and understands the productivity.

It helps to plan better for next project based on learning’s from past projects. The comprehensive reports help to know the smallest details of project. It helps to know the productivity of the resources and weather the margin being hit or not.

3. Bill4Time

Most of the billables can be lost because of inefficient tracking. One can track lost revenues by tracking accurate time anytime and anywhere from tablet, mobile, or laptop. The app records non billable time, internal non client time separately, tracking consultants, contractors, and staff for accuracy.

Even if you are in office or not, time entry is never been simple simply by running timers, recording multiple time entries in screen. Reviewing and tracking weekly and daily time summaries so one can always know the financial and productivity status of organization.

4. Intervals

Intervals is an online management software that has task management and time tracking collectively with powerful reporting. It is ideal for small teams and businesses including web developers, designers, creative agencies, consultants, communications companies, and IT services firms who need to keep an eye where all time is going. This product has 30 days free trial.

5. Paymo

Paymo is intuitive and modern project management software for medium and small businesses that handles task management, invoicing, and time tracking. With this software, one can track the lifetime of the project without need to pay and use several different apps. By the use of this, teams can be in focus and sync while delivering projects. It helps to maximize team accountability, productivity, and collaboration.

There are number of softwares available in market. Try out any to maximize your earning and save lot of time for more productive stuff!

Featured photo credit: Alexander Kirch via shutterstock.com