Time tracking software enables workers to either passively or manually track the time spent on projects, tasks, and other deliverables. This tool is used by employees and employers in many industries and helps small and mid-sized business (SMB) owners stay organized and up-to-date in managing their employees’ time. Time tracking software increases employee productivity because it allows for accountability, helping to discover which activities or events cause time wasting, and keeps all time data in one location. Ideally, time tracking software can tweak discrepancies in workflows to fix what is and isn’t working to increase profits and automate companies’ payroll and billing operations.
Many time tracking software solutions work with workforce management software, time & attendance software, as well as payroll software and talent management suites. Time tracking software can be integrated directly into time clock hardware or deployed in the cloud.
To qualify for inclusion in the Time Tracking category, a product must:
Integrate with existing accounting or third-party payroll software
Track, report, and calculate time usage
Analyze work performance and generate reports and invoices
Export data into an invoicing tool
Scale according to the size of the company, team, project, or individual freelancers
