Ask any business owner what they want to keep track of? They are likely to name these things: finances, project hours, and employee productivity. While you can manage your finances through a good accounting solution, you can manage the other things through good time tracking software.
It lets you capture details around working hours, employee work habits, login/logout times, and the tasks they are working on. This, in turn, lets you track business expenses easily. Here are some ways you can use a time tracking solution to track productivity and stay on top of your project needs.
1. Get Access to Data and Insights
Not only can you manage tasks easily with time tracking software, but you can also get insights into total working and idle hours, billable and non-billable hours, and task duration. When your employees organize and manage projects in this manner, they will be able to manage their targets and not get burnt out.
Besides, managers can also assess their employees’ performance deeply and make way for project progress. Also, when they know their employees’ strengths, they can easily maximize the ROI from a project.
2. Remove All Bottlenecks
Time tracking software lets you identify your employees’ time on work that was not needed. These tasks include attending meetings, surfing emails, idling time on social media, etc.
While some of these activities might be essential to carry out daily tasks, you must ensure that they don’t negatively impact your project time. Time tracking software will help you identify issues and let you re-evaluate the processes to boost speed and efficiency across the workplace.
3. Increase Accountability
The best part of using time tracking software is that it increases accountability for your entire team. This is because the tasks are available to everyone, and your teammates can motivate others to complete their tasks on time. Besides, you will be able to identify tasks that hamper employee productivity.
Also, when a timer is ticking, employees will be more careful and are less likely to waste their time on non-productive activities. When they place their focus on one job, their output will double. Furthermore, when you have details on a real-time basis, you will no longer need to micromanage employees.
4. Prevent Burnouts
Has it ever happened that an employee worked quite a lot and then suddenly you saw a dip in their productivity? Well, unmonitored employee burnout can do a lot of damage to your business. This will also lead to decreased morals, mistakes in deliverables, and even increased absences.
It will also help you monitor how well your employees utilize their hours and even identify overburdened resources. You can also check if a set of employees are working less or overtime. This is possible as you will get access to the weekly/monthly hours logged by employees, and this will help you determine their capacity and allocate tasks accordingly. This, in turn, will help reduce stress, avoid burnout, and help them to approach issues with the right mindset.
5. Increase Employee Potential
Choosing a time-tracking solution will also urge employees to improve their work patterns and deliver better results. Often people get involved in work and forget to track the huge amount of time spent in work. When they know the exact time they have spent working, they will enjoy increased work efficiency and boost their career prospects.
6. Reward The Good Employees
Your time tracking solution will let you identify employees that get the maximum done in a minimum time frame. This way, you can reward them with incentives or give them hearty praise too. You can also help them upskill as they are already masters of their time and would use this opportunity to the fullest. This will not only be good for their professional growth, but it will also build a solid foundation for your relationship.
This was all about managing tasks easily with time tracking software and boosting your team productivity. Besides, they will align better with business objectives and help them with their professional growth initiatives. So, what are you waiting for? Invest in a time-tracking solution right now to achieve unparalleled benefits!