A Look at Time Tracking Software in 5 Different Industries
Time tracking software sounds useful in theory, but how does it help in a real-life work environment? Here’s a look at how time tracking is helpful in the day-to-day operations of five different industries.
Time Tracking Software in the Legal Industry
Whether a solo practice or large firm, billable hours are the lifeblood of the legal industry. An accurate accounting of time is necessary to get paid or meet quotas, and time tracking software makes it easy. Stopwatch-style time trackers let lawyers and legal assistants track time to the minute as it’s incurred, or they can log in at the end of each day and quickly input hours to make sure nothing gets forgotten. Some time tracking software can even generate invoices based on logged billable hours!
Time Tracking Software for Freelancers
Freelancers work with multiple clients on multiple projects. It’s easy to lose track of time, which means they may inadvertently over-bill or under-bill for services. Freelancers deserve to get paid for their time worked, and clients deserve accurate billing. Time tracking software makes it easy to keep the time spent on various projects organized.
Time tracking software is also helpful for businesses that frequently utilize freelancers as a part of their business model. They can set freelancers up with an account to log their time instead of dealing with multiple invoices from multiple sources. Not only does this streamline payments to freelancers, but it also helps companies keep better track of how much time individual freelancers are spending on projects, preventing unexpectedly large bills from arriving post-project.
Time Tracking Software in the Construction Industry
In construction, employees work at multiple sites doing multiple projects. Remote time tracking software allows employees to log time from anywhere, and managers who oversee different projects can itemize time spent at various locations. Time tracking software is also a great companion to traditional construction project management programs, as it gives up-to-the-minute information on how much has been spent on labor for various projects. This gives project managers another data point to assess where they are budget-wise on the project.
Time Tracking Software in IT
Time tracking software has multiple uses in the IT industry. For developers, programmers, or project-based workers, time tracking software allows them to log their billable or project time for more accurate tracking. IT professionals who spend time off-site working on network maintenance, hardware installation, or client consulting can log their time remotely without needing to return to the office.
Time Tracking Software for Accountants
Independent bookkeepers working with multiple small businesses and full-charge accountants working for a corporate firm need to make sure they spend sufficient time on each client, and that their clients are billed accurately. Time tracking software helps them stay accountable for their time, and ensures their clients that they are getting the time and service they’ve contracted for.
Time Tracking Software for Every Industry
MindSalt Time & Expense is the time tracking software you need! The web-based platform is accessible from anywhere, so in-house, remote, and traveling employees have easy access to the same time tracking system. Differentiate between billable and non-billable hours to easily invoice clients, and streamline your payroll process with seamless integration. This is the business companion you’ve been looking for to save time and money and improve data accuracy. See for yourself – try it free for 30 days!
