The benefits of time tracking can revolutionize your business workflow. Time tracking employees isn’t about micromanaging your team. On the contrary, it’s designed to enable smarter, data-driven decision-making, allowing everyone to work more efficiently. With it, you can eliminate disruptive check-ins and save your team from constantly pausing their work to provide updates.

Beyond the clear advantage of knowing how long someone has worked, using time tracking apps offers many other benefits for your team and company. While managing field employees, a time tracking app will give insights into different job related activities like traveling time, resolution time, client visit hours, etc. 

Another benefit of time tracking is boosted productivity. A well-managed workforce leads to better control over resources spent– including time, money and employee effort.

Around 38% of US employees still rely on paper timesheets and punch cards, which can severely impact productivity. According to Deloitte, half of the professionals without automated time tracking systems consider manual data entry and adjustments to be the most time-consuming parts of their workflow.

Here are five benefits of a time tracking app that can prove valuable for your business. 

What are the 5 Benefits of Time Tracking App?

An employee time tracking system could be just what you need to manage your workforce more efficiently. If your company isn’t already using a software for it, you may be missing out on several benefits of time tracking. 

1. Increased employee productivity and efficiency

According to a report, only 20% of a workday is spent performing important tasks, while 80% is spent doing tasks with little to no value. 

An employee time tracking app can help you increase productivity and efficiency by reducing the need for manual time tracking. This way, administrative hours are also saved along as repetitive, manual tasks are automated. The app can also track employee hours, projects, and more in real-time, automatically generating reports that show which employees are spending the most time on each task. 

This means you can make decisions based on real data instead of hunches, saving you valuable time and avoiding errors when it comes to setting goals for your team and keeping track of progress toward those goals.

2. Improved accuracy for payroll processing

According to a study, it was found that companies using employee time tracking apps with payroll features are 44% less likely to commit paycheck errors.

The benefits of time tracking apps extend to payroll processing. You can ensure that your employees are getting their rightful share of pay by monitoring the time they spend working on projects. It’s a useful tool for employees, managers, and owners who are trying to make sure that their employees are getting paid correctly for their time. 

This means that you’ll be able to focus on other aspects of your business while your employees’ wages are being processed correctly and on time.

Businesses that have the tools in place to track employee hours will have a much easier time with payroll processing — making sure their employees get their wages on time and reducing the risk of having payroll errors.

3. Simplify employee scheduling and management

Many organizations use paper calendars and email inboxes to track employee time-off requests and manage sick days. But these tools can quickly get out of sync as employees add additional time off requests or managers discover that requests didn’t go through. 

Using a system like allGeo means having real-time employee visibility. Managers will know the availability of their field employees and can allocate or delegate work, leading to higher levels of efficiency

With it, you can manage project allocation, caregiver scheduling, overtime work etc. based on their availability and location.

Furthermore, employees with an automated employee time tracking app will be able to view their entire work history at once. It can help them identify potential errors in payroll information like overtime payouts and vacation credits earned but not used yet. This also provides visibility into whether any changes need to be made before processing payments. 

4. Get clear insights & reports

One of the most important benefits of time tracking app is that it provides reports. With time tracking tools like allGeo, there is an added layer of benefit as it offers visualized data reports using business intelligence. This information can be useful in many ways, including:

• Attendance Tracking– With punch in and out data, you can get an overview of the workforce attendance trends, along with overtime, early punch outs etc.
  
• Job costing- Use allGeo’s job costing feature, you can monitor project profitability, allocate labor costs accurately, and analyze expenses, empowering you to make informed decisions.
  
• Complex time tracking: Easily manage complex situations like shift differentials, overtime calculations, and diverse billable hour tracking.
  

5. Monitor attendance on the go with mobile compatibility

With mobile compatibility, you can monitor time and attendance from anywhere. Not only does this make it easier for your employees, but it also allows them to use the benefits of time tracking software.

To safeguard against fraud, time tracking can be clubbed with allGeo’s geofencing feature. Employees can get automatically clocked in or out once they enter or leave the designated virtual perimeter.

allGeo notifies you as soon as your employees enter the defined jobsite using a geofence-based time clocking system. With this, the requirement to manually check employees’ presence to work every 5 minutes is mitigated and even employees wouldn’t be missing out on punch in/out. Thus, along with easy attendance monitoring the time tracking system automates attendance capturing, resulting in accurate records and a reduction in time theft.

Conclusion

An employee time tracking app is now a vital tool for field service providers, offering numerous benefits that are crucial for success. From boosting team productivity to enhancing project visibility, these apps help you stay organized and focused. 

By saving time and money while increasing efficiency, a time tracking app ensures every minute of work contributes meaningfully to your business’s goals. With the right tools in place, you’ll be well-positioned to maximize your potential and drive success.