Almost all office employees are using PC or laptops nowadays at work. Unlike olden times where the employee work hours were calculated on the basis of paper timesheets or card punching system, now majority of time recording tasks are done through real time time tracking PC. Moreover, it becomes vital to do proper time tracking for employees who have options to work from home or the freelancers who work on contractual tasks.
Earlier, it was a difficult affair to find a useful time tracking and billing software. There were only few options available with many drawbacks. However, nowadays there are PLENTY of features available including freeware for this purpose, which are capable of meeting various purposes with customizable features.
Effectiveness of time tracking software
Nowadays, you can easily access many time tracking software for PC, which can not only manage your business, but also can help INCREASE PROFITABILITY by effectively converting time into money. The new-age software are developed with extensive tracking mechanisms and instant bill raising capabilities. Offering optimum accuracy, majority of such top-of-the-line PC time tracker and billing software are made user-friendly to operate and also has 24/7 access over a cloud network.
In case of project administration related to IT or other information-technology assisted domains, time tracking for PC applications can not only monitor work, but also can show reports and graphs related to the progress or project development. You can get data and pictorial representation for easy understanding of expected delivery time, milestones, bottleneck, projected cash flow, and elapsed time realization.
Some of the major features of an ideal time tracker billing software include;
- Manual entry functionality.
- Automatic timer settings
- Project-fee billing for time-based entries.
- Elapsed time and downtime reports etc.
Manage time to optimize revenue
In the highly competitive work environment of today, for businesses and freelancers, the key to success lies in properly TRACKING TIME vs. EXPENSES and the capacity to manage time in an effective professional manner. Each moment in hand is money if effectively used, which one can plan and monitor with the help of a good time tracking software. In light of the new generation business needs, some of the major benefits of using PC-based time and billing software are;
- Flexible bill generation and presenting modes. There is a wide range of pre-set templates for bill generation and you also have the option to customize.
- Instantly extracting and e-mailing data in excel, HTML, or other formats.
- Easy integration with other co-existing applications to directly export data for accounting, HR management, compensation management etc.
- Verifiability as the billing and payment information made instantly available online for anyone to check the particulars and process.
There are several features offered by third-party time tracking and billing applications. However, you need to be very careful about the reliability and security of such software before using them. Make sure that the provider ensures a minimum 128bit SSL encryption. Also verify the data confidentiality, secured server administration, and 24/7 support features before implementing.