Once a simple page of paper, time sheets have been taken into the digital age with time sheet software. What’s more, they now do far more than just logging your employees’ working hours.

Join us as we explore how the benefits of time sheet software will boost your business and make your life easier.

Cost savings

One of the main advantages of staff planning software is the wide range of ways it allows businesses to be cost-effective.

Correct costings

You can add time costings against every project. By setting the hours worked by the employee and their charge rates, you’ll be able to accurately calculate the total time and money spent. The invoices produced will therefore be completely correct, ensuring that you won’t under or overcharge any clients.

Tracking

On top of this, you can make sure that you don’t go over the time or cost of each project or job too. The capability to track the amount of money and hours worked will mean you can keep these numbers within the required limits. And if there is the potential to surpass these, then this can be discussed and a solution decided upon prior to the event.

Efficiency

Time tracking software not only saves money but can also avoid wasted time through its productivity-increasing features.

Relevance

Fed up of wasting time while you search for specific job details? Time tracking software stores project data (such as timings and costs) together, so you won’t have to sift through job costings that aren’t relevant.

Scheduling

Another way in which timekeeping software offers efficiency is how it deals with shift patterns. It schedules them in, so you’ll always have the appropriate amount of resources. There’s no need to actively monitor staff or be there in-person to make sure there are people in place for each specific shift. The platform can be used for staff requests too, guaranteeing you won’t unintentionally book someone in when they’re unavailable.

Valuable reporting

These staff requests can be analysed (as can shift patterns), allowing you to manage project working hours more effectively. Plus, there are a variety of other reporting features that will improve the success of your jobs too.

Timing

Arrival times of employees will also be logged, meaning you can track and evaluate specific behaviours like lateness, absenteeism and overtime. With this information, you’ll be able to take the appropriate action and find a solution to situations before they become a problem.

Period reporting

With working hours approved and effectively recorded, your finance team can generate reports for each relevant period. These can then be used as a means to further enhance your organisation.

Business life can be hectic. That’s why, when selecting your time tracking tools, you’ll want to guarantee that they really do make your life as easy as possible. There’s no need to look any further than our Liquid Time software. It offers you the ultimate management freedom, allowing to focus on the other areas of your business.

To benefit from our time sheet software, get in touch with our team by calling 0161 413 5050 or emailing info@liquidaccounts.com.

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