Timesheet application provides very important tools for business management. Its provide a clear record of hours worked, which is crucial for accurate billing, especially for hourly or project-based work.
Advantages of Timesheet :-
- Bill accurately – it helps clients see where their money goes and the transparency helps in building a good client relationship. FairTime provides various reports including ‘Billable time report’ for clients.
On the other hand, you want to find out if employees spend more time than what you can bill for. - Improve Project management – Timesheets help you review and track availability, skills and
- productivity of employees. They enable you to monitor progress and anticipate delays. They also provide valuable historical data to back your project estimates and budgets.
- Reduce Time wastage – Fair Time Dashboard identifies tasks that go beyond budgeted time and areas that delay completion of work. It helps you understand where you are wasting labor and weed out tasks that take longer than necessary. It assists you in making decisions as to how you can optimize your tasks.
- Employee Friendly – Our application features structured and easy timesheet entry. Employees get automated reminders to ensure time entry is made regularly.
Here’s a more detailed look at the benefits of timesheet https://timesheet.fairshare.tech/