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Why does a company need Employee Time Tracking & Absence Management?

By Gabriele Kaier, 24.10.2016, Approx. 6 min reading time.

One of the challenges that many businesses face is to keep track of employee working hours. Many businesses keep detailed timesheets but this is often a time-consuming and inaccurate solution. Without a proper time tracking method, you are not able to know how you and your team realy spend each workday. Find out the huge benefits of a time tracking tool for your business.

One of the challenges that many businesses face is to keep track of employee working hours. Many businesses keep detailed timesheets but this is often a time-consuming and inaccurate solution. Without a proper time tracking method, you are not able to know how you and your team really spend each workday. Such a tool helps you get greater transparency and improved understanding which allows you to make workflows more efficient. Find out the huge benefits of a time tracking tool for your business below:  

What can a Time Tracking Tool do for you, as an employer?

  • gives you an easy overview of employees working times
  • helps you monitor and organize employees holidays and time off  
  • helps your business comply with legislations
  • makes Payroll easier and more accurate, helps optimize work progress and saves a lot of costs
 

Gain an easy overview

You can get an easy overview of employee working times so that you can lead better decisions. Supervisors can see how much time individuals have taken or review employee timesheets. Employees can view their working times and ask for time off.

Stay on the right side with legislation

A time tracking software enables all juridical and contractual parameters be configured and automatically controlled for you.

Correct and easy payroll

With time tracking you can be sure, that you pay your employees only for time worked tasks. All timesheets can easily be exported. No more inaccurate billing of worked time. No more printing out paper time sheets. Process payroll faster and more accurately.

Optimize working-processes and allocation of resources

Take advantage of the reportings and measure results to lead informed business decisions. Discover inefficiencies and ineffective habits and trim costs.  

7 reasons why Time Tracking helps you and your team

  • Helps define goals and work effectively towards them!

    By tracking their time and knowing how they should be allocating it, your employees increase their productivity. They keep engaged with their goals and accomplish them.
  • Helps your business with payroll!

    Employees timesheets can be used to help with accurate payroll.
  • Eliminates non-essential activities

    Reduce costs! Thanks to time tracking software you can better understand the workflow of the company and identify any problems or inefficiencies.      
  • Increases engagement and boost performance

    Helps your team measure results and adjust future tasks!
  • Your team will work more successful.

    Helps focus & track one task at a time.
  • Stay aligned with law

    Ensures breaks are being taken and overtime is being kept.
  • Helps you gain an overview 

    Keep view of holidays, overtime and time off!
 

Motivate your employees to track their time!

To get employees to track time is one of the biggest challenges managers face when they are looking to adopt a time tracking system. Some employees may find it inconvenient and feel monitored. They perceive time tracking as a chore rather than a tool for increasing productivity. To avoid this, you have to make sure that everyone in your team understands why time tracking is rather a positive instrument, and how such a tool can benefit everybody. Our tipp: Honest and clear communication helps establish trust!  

Choose a solution that fits to your business needs:

  • A flexible, web based solution, one that you can use always and everywhere.
  • A simple to use application for recording working times and creating reports
  • A configurable software that runs immediately after the first setup
  • A highly customizable tool that fits exactly to your existing in-house software solution.
  Learn more about Timetac employee time tracking solutions. Sign up for a Free Trial today and find out how TimeTac can help you achieve more.
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