![]() ![]() The costs over overtime can rise rapidly and can consume and large amount of a projects budget if not managed. Projects will frequently require overtime in order to be completed on schedule. Having time tracking software is just as important for a business as having an accounting solution.Īnother benefit to time tracking software for construction is the ease of accurately managing overtime. A company may have to pay a significant amount year on year due to this. Although it may not seem like much, it can add up fast. Time tracking software and time tracking apps allow workers to quickly and easily punch in and act as a security mechanism. The foreman knows when a worker clocked in when they clocked out, and even when breaks were. Time theft could be 5, 10 or 15 minutes a day per employee. The benefit of a time tracking software for construction is that it can reduce excess costs due to time theft. ![]() If there is an irregularity such as handwriting not being understood, it involves the business having to get in contact with that employee and figuring out what is true and what is not. ![]() That being into a spreadsheet and then loading it into an accounting package, it’s a lot of manual work. Companies that use paper timesheets have to input their data manually. One of the greatest benefits in using time tracking software is how much time it saves. As well as creating confidence among your customers, it also allows businesses to more accurately plan how much a particular project may cost, by comparing it to similar ones which have been measured accurately. No more estimating a job will take 40 hours, only to end up being 60 and your customer being left feeling frustrated with added costs. This will mean your customers will be given a true representation of how much a particular job may cost. Time tracking will enable businesses to give true and reflective quotes on their jobs.
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