Wednesday 14 September 2011

why should you opt for timesheet ?

                       Time is very important, and, maybe, even the most important asset one can have. When you get to a point where you manage it correctly, not only do you get more done, but you are also more able to keep your deadlines, and improve your overall efficiency and project quality. The good thing is, that with all this technology you do not need to spend more time at work. You can easily use a time tracking software, otherwise known as timesheet software that helps you improve your efficiency and get more done in the same time span.
                      Time tracking software like timesheet helps you track the time spent on different projects, so you can bill your clients more accurately. If you are not charging by the hour, you will be able to tell how much time you spend on a specific project by using timesheet software. If you consider the saying 'time is money', then just think about how much money you are losing everyday.
                       Not only does, timesheet software help you become more efficient and optimize your pricing, it also helps you to make sure that you maintain your projects within possible project restraints. All expenses related to a project can be entered into time tracking software like timesheet as they are encountered. This way, you will always be able to see where your funds went and you will also be able to know the overall total for any project, at any time.
                      Having a time tracking software at your finger tips at any time, you will never lose track of your current expenses for a specific project. Using a timesheet software application help you make your projects will flow better, in terms of both money and time.
                      There are a few features you should keep in mind when deciding to purchase timesheet software. A very important aspect of time tracking software is the reporting capability. You should pay very much attention to the reporting categories present in time tracking software applications.
The bottom line is that timesheet software applications are a useful bit of technology for anyone that wants to keep track of their project expenses and make the most of their time, regardless of the field they are in.

Importance of selecting a suitable timesheet

When we decide to implement the timesheet in our office the first and the foremost thing that we should bring into consideration is if we want to bring the financial and other existing economic systems to be integrated with our timesheet . This integration can be viewed in two aspects both as a pro or con . On the beneficial side if the existing system is integrated with our timesheet the work of payroll management will be reduced and at the same time if the integration is done that is an extra burden and more time and money should be spend in implementing and integrating timesheet .If we buy the timesheets with no custom changes we don't want to pay anything extra .But if we ask them for custom changes exclusively for our company then we should be ready to pay them more money.Here are some of the key points what one should be careful before going for a implementing timesheets.

Usability - Provide the facilities that are mandatory
A great challenge with time tracking systems is to actually get users to enter their time reports. If the timesheet is complex then some users will neglet using this timesheet which might give us an erroneous result.Hence time tracking software should be as simple as possible so that even the lowest ranked person in an office can easily use this.If you select a time tracking software like timesheet that does not live up to the expectations from all of these roles you will have a system that users will disapprove to use alternatively not use for the full potential.

Report generation is a vital aspects
A very essential aspect that is easily overlooked when choosing a system is WHAT it should deliver in the form of reports. Is it the absence reports that is essential or / and should the system provide a basis for billing? Take in regard what information that project managers want to have but also what other roles that are interested in reports from the system.

Skip the pain of hosting
Earlier, all time reporting system acquired were to be installed on your servers and client computers, with numerous hardware and software requirements needed. Naturally there are still timesheet system that is hosted in the same manner but it has grown more popular in recent years is to hire system/software as SAAS, Software as a Service. This results in that you as a customer do not install any programs on your own servers. You will instead use a solution that is hosted at the system provider and accessed via a browser. No installation or heavy license fees for databases etc are required. Normally you pay per month and for the number of users that will utilize the software.