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Five ways time tracking software can benefit your business

Five ways time tracking software can benefit your business

If you want to increase productivity in 2022, time tracking software should definitely be on your company’s radar. With more variety than ever in our ways of working and technology filling more and more roles in the workplace, it makes sense to update your record-keeping practices in this regard. It may seem hard to believe that something as simple as time tracking software can have a significant impact on your company’s workflow, but the benefits of this technology speak for themselves:

Streamlined Processes

Perhaps the biggest benefit of upgrading from paper or spreadsheet-based systems to time tracking software is that it will greatly streamline processes within your company. Where previously employees had to submit their hours which then had to be verified by management before being passed on to payroll, timesheet software ensures that everything happens natively in one place. This makes the whole process easier for everyone and can significantly increase productivity as less time is wasted on basic processes.

Better record keeping

The next benefit of upgrading to time tracking software within your company is that it allows for better administration. Because everything is stored in one program by default, you can easily organize and store documents without worrying about document scanning, device-based or cloud-based filing systems, and data loss. This makes it much easier to keep track of everything and eliminates the need to spend hours looking for a single file, simply select the employee or date in your time tracking software and you are good to go.

Easier data analysis

Time Tracking Software

Continuing from this is a great convenience in data analysis. Let’s say you want to look at the total time a single employee has spent in their employment, or maybe you want to get a better understanding of the collective hours worked at different times of the year. Where previously this had to be worked out with complicated formulas (or worse, manually), you can now easily view large chunks of data in a simplified format. This makes analyzing trends a much less time consuming process and also ensures better accuracy.

Greater flexibility

Another advantage of time tracking software is that it provides more flexibility within your workforce. As remote working has grown in popularity over the past two years, it makes sense to implement a system that makes this transition as easy as possible. Allowing employees to log their hours with time tracking software eliminates the need for them to come to the office, allowing for more effective remote working.

Increased productivity in other areas

Finally, time tracking software can also help increase productivity in other areas of your business. Because employees waste less time manually completing things that can be automated or handled much more easily, they have more time to focus on other tasks. This also frees up brain power that would otherwise have been used for work that, while necessary, does not increase productivity or profit.

With the world becoming increasingly dependent on digital help in everything we do, it makes sense for your business to grow with the trend. Advancing with new technology, such as time tracking software, will better position your business to operate in your current capacity and prepare you for future integration and advancement. If you’re looking for ways to improve productivity in the new year, eliminating “grunt work” is a great place to start, as it requires significant mental processing power and focus without providing equivalent output benefits. In other words, today you might just implement time tracking software, but tomorrow you could take over the world.


Shreya has been with australiabusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider australiabusinessblog.com, Shreya seeks to understand an audience before creating memorable, persuasive copy.

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