What is Time Tracking?
Time tracking is an asset for businesses that helps to boost productivity and ensure profitability. Common Business Problems At least some business issues can be resolved with employee time tracking . Let's examine a few of them to comprehend what time tracking is and the challenges businesses face. Lack of Profits Profitability is a typical issue faced by the majority of small enterprises. There are numerous reasons why a firm may not be profitable, but one of the simplest is that its expenses are significantly more than its income. Time Theft When an employee gets paid for unworked hours, this is known as time theft. There are numerous methods by which employees can deceive their employers and conduct time theft. Adding uncompleted hours to one's timesheet is one of the most well-known strategies for accomplishing this. When employing punch cards or paper timesheets, it is simple for employees to submit fake reports. Benefits of Modern Employee Time Tracking Employers are a...