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Choosing the Best Timesheet Application: Key Considerations and Features

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Due to the digital revolution, companies now must figure out how to adapt to a new business method. 

 

You'll probably employ virtual technologies to manage your company's decision to adopt a fully remote, hybrid, or back-to-office work structure. That entails putting certain digital or cloud-based solutions in place rather than depending on outdated manual procedures. 

 

Workplace time monitoring is one process that would particularly benefit from digitization.

 

In this article, we'll go through all the advantages of a time tracker and demonstrate how to pick the best timesheet software for you and your teams.

 

How to Select Timesheet Software For Your Company?

  • Timesheet software can be tailored to work with your company's payroll system.
  • If employees generate the reports, timesheet software can be used for necessary audits. 
  • Employee timesheet software should provide real-time data records.
  • Managers can observe and control employees' key performance metrics using timesheet software and adjust the work process appropriately.

 

Key features to consider before choosing timesheet software

  • Simple Interface

 

A user-friendly interface will be your best friend when persuading employees to retain their time logs. A clean interface is simple to use, has all relevant information in one tab, and does not distract the user with extraneous details.

 

A timesheet management app like eRS is something that employees use every day so real-time updates will save hours by the end of the year. 

  • Billing and Invoicing

 

Keeping time logs and billing records together simplifies accounting and helps  maximize profits. Choose a timesheet software that includes a financial management module: it automates the computation of billable amounts and generates invoices based on timesheet data. Owners can also run time and billing reports to gain insight into the most profitable projects, the most expensive sections of work, and chances for performance improvement.

 

eRS offers a time-tracking app that includes financial modules.

 

  • Flexible reporting

 

Having timesheet data on hand is only helpful if you can visualize and analyze it, such as using the eRS reporting module, which offers a variety of customizable reports and graphs.

 

Time reports assist in evaluating teams' performance and producing more accurate future forecasts and projections. Managers can slice and dice the information needed by using the ability to group data in various ways. The team can gain invaluable insights from detailed data on performance, estimation accuracy, team absenteeism, task assignments, and the types of work accomplished for each project or client.

 

  • Approval procedure

 

Requests for time off and weekly time records must be approved in most workplaces. Find a timesheet tool that enables you to accomplish that in this situation. With this function, team managers have complete control over how their team members use their time.

 

Managers can view, modify, and accept or reject their team members' weekly timesheets in eRS. 

 

  • Absence Management

 

Time tracking with an integrated absence management function or a built-in absence management tool is a breeze for HR and accounting departments. It provides a complete view of available resources and aids in calculating PTOs.

 

eRS offers seamless integration with leave management software. 

 

Why pick the eRS timesheet software for your organization?

eRS is designed for teams who wish to maximize their time. With the help of the online time tracking tool eResource scheduler, teams may make time estimates, monitor task progress, and log every minute they spend working on assignments. It also lets you:

 

  1. For improved time management, establish time estimations.
  2. Use a timer to keep track of the time spent on activities to gauge team productivity.
  3. Record time data and performance metrics using timesheets.
  4. Export timesheets for simple and convenient billing
  5. Utilize time reports to get precise information about your resources.

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