Time tracking software brings a ton of benefits to any company; from boosting your company’s productivity to improving your employee time management skills. These are all great things for a company to have, but to ensure that you get the most out of your time tracking software, you must choose the right one. To help you with that, we have compiled a list of questions you have to ask yourself in order to choose the right time tracking software.
Key Questions to Ask When Choosing a Time Tracking Software:
What’s your budget?
Your budget is usually the first thing that you will have to consider, as you must consider the return the software has on your business before paying big money for it. You also must talk to the provider about a payment plan, as you want to make sure that you get a service that compliments how you work as much as possible.
If the nature of your work allows you to have a consistent profit margin, it may be better for you to go for a monthly plan. On the other hand, if your profit depends on the season, you may want to opt for a lump sum payment instead.
What device do you usually work on?
There are many, many time tracker apps and software out there. You must first think about what device and platform you’re using most before you decide to purchase or subscribe to a service.
For example, if you and the rest of the company use Apple products and you’re on Chrome for most the time, you will have to consider getting a time tracker that specializes in these platforms. This will minimize the compatibility issues and ensures the best experience when you’re using the software.
What’s your work process?
Each time tracking software has their own pros and cons. You will have to choose a time tracking software based on your preferences and work style. For example, you may want to have a time tracking software that automatically tracks your work hours and have a built-in chat system. Or you might prefer one that tells you how much of your work is being translated into revenue, as that might give you some sort of goal to work towards. You must decide based on the features you need and how you plan to work so that you can get the most out of the software you choose.
Listed below are lists of features that you can expect from a time tracking software:
- Track the work and activity of your team in real-time
- Create projects and timetable for those projects
- Show billable time
- Generate time reports for clients
- Automatic workflow optimization to comply with the FLSA and DCAA regulations
- Customizable reports
- Self-hosted options (no involvement from third party server hosts)
- Manage invoice and payroll according to the billable work time
Is the software easy to use?
Not everybody is used to the way time management software works, and you must consider that before opting for a time tracking program. If the program you choose is unintuitive and confusing for you, it can hinder your workflow and create inaccuracies in the time report. Not only that this is a problem for your productivity, but it can be a problem for your profit margin as well. For example, if a mistake occurs and you’re missing 3 hours’ worth of work in the report, it can be a huge pain in the neck to fix.
You must compile and evidence to present to your clients why they were charged for three extra hours that weren’t included in the original report. Not only that this is a huge waste of your time, but it will also hurt the credibility of your business. You must make sure that you can understand the features and how to use the software before you commit to it.
Are you looking for a modern time tracking app that’s affordable and scalable based on your requirements? Timeero is for you! Get in touch today to see how we can help your business maximize your time and attendance tracking.