Everyone already knows that time trackers save time, but we would like to better understand how this affects financial performance.
According to a survey of Yaware.TimeTracker users, on average, people work 1.5 hours less than the allotted time, which is 20%.
So, let's see how the time tracking program saves you money?
If your company has installed a time tracking program, it doesn't mean that they don't trust you. The fact is that the vast majority of people cannot accurately estimate their time, so pleasant events seem short, and boring, routine ones last forever.
And when it comes to time tracking, even a small inaccuracy costs employers huge amounts of money every time.
With the working time monitoring program, you:
Keep accurate records of your employees' working hours
The statistics show what is happening in the workflow of your employees, including all tasks and the time spent on them. After that, you can start paying employees fairly for the hours they work.
Optimize your staff
If subordinates fail to perform, you spend your budget on hiring new candidates. However, this is a last resort and you should first try to help your employees figure out at what stage of the task they are having difficulties and help solve the problem, as well as motivate them to achieve better results.
Make your work easier
Viewing statistics in a time tracking program takes about 15 minutes a day. With the introduction of such a system, you no longer need to personally monitor the work of employees at their computers, which means that you have time to create and implement profitable strategies.
Time tracking software can help employees manage their time better, which means they can increase their productivity. With insight into their time allocation, employees can identify areas where they are wasting time and make adjustments to improve efficiency at work.
Improve project management
Such software can help project managers better understand how much time is spent on each task and identify areas where resources can be reallocated to improve efficiency. This can help reduce the time and resources required to complete projects, saving your company money.
Optimize the payroll process
A time and attendance system can automate payroll processes, reducing the time and resources required to process payroll. This can save your company money on administrative costs.
Save your money with Yaware.TimeTracker
Yaware.TimeTracker is an employee monitoring solution designed specifically to help companies increase productivity. Its powerful features allow employees to use the tools they need to do their job well, while respecting their personal boundaries, among others:
- Activity log allows you to keep a record of all your employees' online activity, including what they're working on and what resources they're using.
- Screenshots and webcam features help you make sure that there are no unauthorized persons at the workplace. And also that the person is working and not sitting on the phone, for example.
- More than 18 reports help managers analyze employee productivity, determine whether the workload is evenly distributed in teams, and identify those who violate the rules for using commercial information.
Want to start using Yaware.TimeTracker? Sign up now.
What's more, Yaware offers 14 days of free use of the program so you can experience its functionality to the fullest!