Time tracking is an old concept, which had been there from the industrial era where employers used to keep a register to track the daily work and task volumes of workers and decided their compensation based on it. However, this was never a foolproof mechanism because the employers had the options to manipulate it.
In information technology era with computers and internet-based services on peak, there are various time tracking software, which make it a breeze with time tracking for workers and freelancers. Further, we will try to outline the major components of a good time tracking software and how to find an ideal time tracker solution.
What is Time Tracking software?
Time tracking software has now become virtual time log in modern tight-scheduled business world, which enable the workers and employers to track the real-time working data as well as the specific details of time spent on different projects and tasks running simultaneously. For consultants, graphic designers, lawyers, publicists, IT professionals etc. who are getting paid on hourly basis, the web based time tracking software for invoicing, billing, and payroll offers matchless benefits.
The modern-day time tracking software are far better than the previous virtual time sheet storage systems. This application can easily integrate with the billing applications, accounting software etc. to make end-to-end human resource management and compensation processing much easier, instant, and accurate.
What is cloud time tracking?
With the introduction of cloud computing, you can see time tracking cloud applications ruling this domain lately. Without the need for any installation or maintenance of high-end software for time tracking, these applications virtually record every minute and hours of work in real time and manipulate this date for various other purposes.
Cloud-based solution is ideal for independent freelancers and small to medium businesses etc. You just need to ensure a good time tracker application running on the background while at work. Set it on while you start work and click on stop once completed. You can get comprehensive information related to active work and passive time, time spent on each specific tasks, peak working hours, time taken to hit each milestones sets etc. instantly on your screen. You also have the option to custom set the tracking priorities based on the nature of task, time zones, work hours, deadlines, over-time working and various other possibilities.
Choosing an ideal time tracking software
Most of the cloud-based solutions may offer you the same features at different combinations.
Some points to be noted are:
Scalability – Hunt for a solution, which can resize itself based on your business type and market needs. There are specialized applications now to fit to the needs of freelancers, SMBs, big corporate and so on.
Free trial – Before going for paid purchase, check for the option of a free trail, which is offered by all major providers. Use the software and find out whether it perfectly fits to your needs.
Report generation – Check for the reporting abilities of the software. Apt and accurate reports will help boost your process without limits.
Easy Integration – Whether the time tracker application can be integrated with other functional software like HR, payroll, accounting etc.
Keep these pointers in mind when choosing a time tracking software!