Time tracking tools are a part of the larger software categories of project management solutions and professional service automation software. The reports derived from time tracking solutions help project managers plan accurate project schedules. Time tracking software is a tool used for tracking the time employees spend on specific tasks during a project. In this buyer's guide, we'll look at factors that can help businesses in selecting the right time tracking tool.Ĭommon Features of Time Tracking Software Businesses should carefully evaluate all these factors to ensure that they don't invest in the wrong software. That said, there are many time tracking solutions available on the market that differ in functionality, pricing, and deployment. Additionally, they can analyze generated reports to understand factors that influence employee performance. Time tracking solutions help project managers dodge error-prone, manual methods of tracking time.
An obvious one is that it helps project managers create more accurate project deadline estimates.Īnd while project managers might be able to track time by manually logging hours on Excel sheets, a better way to do this is to use software specifically designed for time tracking.
Tracking the time employees spend on a certain task or project is important for many reasons.