Automated time-tracking software or manual-tracking? That’s a question many organizations brainstorm over and then, implement the right solution at the end of the day. If you also have this question, then you are on the right page. Plus, you won’t have to brainstorm all of this either. It’s because we already did it for you and compiled it in today’s post. In this article, you will learn about automated time-tracking software, the need for automated timesheets, the benefits of automated time-tracking, and a lot more. So, without delaying it anymore, let’s begin.
An Overview of Automated Time Tracking Software in 2024
Software for automated time-tracking or in short, automated time-tracking software solutions are tool packages and digital platforms that help you save essential time and money by automatically tracking the work hours of your employees.
Of Whom?
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The employees working in your organization.
Why?
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To save time and money, increase employee focus, and improve time management.
How?
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We recommend configuring the software’s features including automated timesheets as per your requirements for the best results.
Are there any Other Benefits?
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We see improved employee efficiency as another one of the advantages.
The Need for Automated Time-Tracking Software in 2024
Even in 2024, you still have the option of manual time-tracking. However, to give you a reality check, most organizations these days use automated timesheets. It’s because of the disadvantages of manual timesheeting and time-tracking.
Time Consuming
Pun intended. Manually tracking time will cost you essential time. Since time is a resource, which once gone can never return, we have to be very careful when manually noting work hours. This causes employees to take more time to record their work-time than the time taken to work.
Cost Consuming
Manual time-tracking is cost-consuming in many ways. Not only the time wasted is equal to money wasted but your employees can also record the wrong work-time and get overpaid. Overall, the result is big losses for your business.
Errors and Inaccuracies
Manual time-tracking can cause errors and inaccuracies as employees have to manually record each time entry. Plus, this can cause employees to get underpaid, resulting in them resigning from your organization.
Can Be Tampered
Manual time-entry, especially the one done on pen and paper can be easily tampered with. For example, buddy punching, where an employee can record fake time entries for their colleague, which results in an overpayment.
It’s Outdated
Lastly, who uses manual time-tracking anymore? We are living in the digital, data-driven, fast-paced, and technology-oriented work world. However, if you are still using manual time-tracking, then my friend, I need to tell you that you are already out of the market.
This concludes that automated time-tracking is the better option. So, it’s time to get the best time-tracking software today, if you haven’t already.
The Benefits of Automated Time-Tracking Software in 2024
The reason we chose automated time-tracking over manual time-tracking is because of the disadvantages of manual timesheets, which cost you time and money. Plus, there are several key benefits of using automated time-tracking software.
More Employee Efficiency
As we mentioned before, automated time-tracking increases the focus of your employees. It’s because they concentrate more on the task than the clock ticking. This increases employee efficiency as well.
Better Time Management
Automated time-tracking software ensures that you easily identify where your work-time is being utilized the most. This lets you spot and eliminate time-wasting activities. Overall, this results in better time management and work performance.
Field Employee Monitoring Accrued
For your on-site employees, your automated time-tracking software can also work as field-tracking software. This is due to features including GPS-tracking, geofencing, and mobile access.
Better Audit
Better audit through automated time-tracking is because of accurate time recording and work hours monitoring. This helps you make accurate accounts and other time documents at the time of audit and stay away from legal disputes.
Accurate Payroll
Automated time-tracking and recording also ensure that you stay away from underbilling, overbilling, underpaying, and overpaying. This increases employee satisfaction. Plus, it increases your financial reputation with clients.
Conclusion
With that, we put the Automated Timesheets vs. Manual Tracking: The Better Option in 2024. To summarize, manual tracking is a thing of the past, and due to its several disadvantages including cost and time-consumption, errors, inaccuracies, and that it can be tampered with, we chose automated time-tracking. Besides, who wouldn’t want the benefits of automated time-tracking including more employee efficiency through better time management, better audit, accurate payroll, and accrued on-site employee monitoring? Looking for the best productivity measurement software with automated timesheets? We recommend DeskTrack.