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Accurate and reliable data are the foundation from which an organization can operate more efficiently.
Accurate time data empowers your organization with insight into how things are going, how things went in the past, and what to change in the future. A time tracking software can come in handy to accurately monitor you and your employees working hours.
Track Working Hours – The Benefits
Tracking time can have huge benefits for your corporation. It can help you and your team have a clear objective.
If you know how to allocate your time, productivity should greatly increase. Without jumping all over the place, you can finish your work one task at a time.
Tracking time helps to identify non-essential activities. This significantly reduces time wastage. You’ll also have a better understanding of your task estimates.
Comparing the time it took to complete the task with your initial estimate will help you make necessary adjustments for similar future tasks. It is mandatory to track your time if you charge by the hour.
However, even if you work at a flat rate, tracking your work time is a good idea as it will give you an effective hourly rate and allow you to compare yourself with others.
It also helps you to build a daily routine and habit which helps in combatting procrastination and utilizing time more efficiently.
Tracking working hours helps in problem-solving. Let us imagine a scenario where your client is trying to negotiate a lower-priced contract for their upcoming project. With data from time tracking software, you can show your client how much time and effort their projects take so that they understand that lower prices are not an option.
If your team keeps complaining about how much they’re working nights or weekends, use data from time tracking to check whether your team is spending too much time on work that doesn’t support project outcomes.
If your projects are consistently running late then understand who’s working on what, and for how long, so you can adjust schedules and keep projects running on time. The data obtained through tracking work hours are very accurate and reliable which helps in eliminating a lot of problems.
The data obtained leads to better project management. If project managers don’t have reliable, up-to-date data, they’ll have a difficult time managing the project lifecycle.
Without accurate time tracking data they cant know the burn on their project, check who’s available to help or if the team is up to date with tasks. Often, Project Managers waste so much time chasing down and communicating information that, by the time they get what they need, it’s likely out-of-date. These problems can be easily solved by implementing time tracking software in the company.
Track Working Hours with Odoo Timesheet
The best App for keeping track of your work hours is none other than Odoo’s Timesheet.
Odoo is an easy to use management software that helps you to run a business efficiently. Odoo’s Awesome Timesheet works on any device, anywhere and even offline.
Whether you’re running a small business, a freelance professional, or managing employees from different locations, Odoo has you covered.
It’s simple and easy to use with fast and easy input, the ability to launch tasks in once click and has a very convenient grid view.
It supports your workflow with task management, time tracking, and weekly timesheets. You can be proactive by using the Day Planner to allocate your time in advance to the day’s tasks.
When you need to log dozens of activities per day, every second counts. Odoo Timesheet is as fast as you are. It works offline. Odoo Timesheet stays up and running even if there is no internet connection. Just launch your timesheet as usual and the data will sync your account once you’re back online. It’s that simple.
Odoo timesheet makes managing employees a breeze. Creating and assigning projects to your employees is simple and easy.
Managers can allow or restrict backend access to their employees in a few clicks. You can easily get an overview of your employee’s timesheet and approve of them.
You can also activate a periodical email reminder for timesheet users to create a timesheet or to approve it for managers. The timesheet also allows you to monitor your employee’s performances by project or by the task.
With Odoo’s timesheet, tracking your team’s progress has never been easier. Visualize your team’s progress on each project or task.
Tracking expected hours, effective hours and reforecasts on tasks. The timesheet gives you an overview of your billable time which helps to track all the resources allocated to your project and see your profits and losses.
You can also invoice timesheets to clients which can be automatically generated one-time or recurring invoices based on expenses and timesheet entries. Like most other apps in Odoo, Odoo timesheet is also fully integrated with other Odoo apps which is very time-saving.
Time tracking data is critical for a company’s success. The cost of hidden or inaccurate data affects the whole team, if there is no clear sight into the process, it affects the bottom line, and the time it takes the team to manage these challenges could be better spent on actual project work. Time tracking software like Odoo’s timesheet gets rid of such problems with accurate and reliable data.
Syncoria is a Canada based business transformation solution. We have been providing digital business solutions to our customers for over 14 years. Odoo is one of our digital business integration partners that specializes in marketing automation. Your websites, sales, operations, CRM, POS, inventory everything can be automated using Odoo. Odoo POS is based on a smart interface that any retail company can use without difficulty. Because it’s extremely flexible, you can configure Odoo POS to meet your precise needs.