Time Tracking for Payroll and Time & Expenses for Invoicing
With the use of time tracking programs, you can improve your bids and labor estimates for different projects by tracking time. At the same time, you can learn which tasks should be automated and how to make your team more productive. However, employee resistance can be a key barrier to tracking time efficiently. When this happens, you’ll have to figure out … Read more “How to Overcome Employee Resistance to Tracking Time”
When working within the professional services industry, the most important part of successful project work is not only delivering it on time and to scope, but also within budget. Studies show that 28% of all projects fail because businesses were unable to accurately estimate project costs. This is particularly true for small-to-medium businesses, which often lack the resources, previous experience, … Read more “5 Tips for Ensuring Your Project Costing is Accurate”
Do you know what your biggest time-waster is? Many people struggle to be productive throughout the day because they get caught up in needless tasks. There are only 24 hours in a day, and learning how to manage your admin time well helps you make the most out of it. Running your own business makes it especially important to use … Read more “Reduce Administration Time with These Time Saving Tips”
Time theft is a serious problem for companies in the U.S. According to the American Payroll Association (APA), time theft: Negatively affects 75% of businesses, and Buddy punching alone causes nearly 3 of every 4 companies to lose 2.2% of gross payroll costs. So how do you stop time theft? The answer is an automated time tracking system — and … Read more “How to Protect Your Company From Time Theft”
As a business owner, cutting employee hours is never something you want to do. But if profits are down—which can happen in Q1 of a new year—cutting full time employee hours may be an option to consider. Here are five key things to know, from how to tell an employee you are cutting their hours to how to use attendance … Read more “Cutting Employee Hours: 5 Things to Know Before You Start to Cut Hours”
When you want to understand an industry or issue, facts are the best place to start. That’s definitely true when it comes to time tracking statistics, so we’ve compiled some key ones as we head into 2022. 22 productivity and time tracking statistics to know 1. 69% of employees admit that they don’t track their time accurately. According to a … Read more “22 Time Tracking Statistics & Productivity Facts to Know Going into 2023”
