Some small business owners do not place a particularly high priority upon integrating employee time tracking technology
frameworks into their companies. There can be a variety of reasons for this—for instance, they may believe their current manual methods are sufficient, feel unsure about how the capabilities offered by time tracking software
can truly benefit their enterprises or simply be unwilling to make an investment in this type of solution.
However, as Small Business Trends
points out, accurately monitoring employee time should be top-of-mind for entrepreneurs.
"Look at it this way: [I]s profitability important? Is it important to stay on track with budgets and projects? Yes? Then you should absolutely be tracking time," writes Small Biz Trends contributor Curt Finch.
Indeed, those with financial concerns should consider the potential return on investment they may be able to yield by implementing time tracking system
upgrades, rather than solely focusing on the upfront costs.The importance of smart shopping
For small business owners who see the value of adopting time tracking technology
, it's important to focus on ascertaining whether the product in question will be a good fit with their specific requirements.
Finch recommends that entrepreneurs in the market for new software ask two key questions of vendors—can they prove that their products will solve particular business problems, and are they able to provide references of clients that have successfully integrated their products alongside other company functions, such as accounting software, project management systems and payroll service providers?
Software upgrades are meant to automate and expedite processes, not introduce new problems, so it's important to gauge how well a new solution will assimilate into your current framework. If your company bills for its services, wants to turn more of its employees' time into money and is eager to realize ways to simplify even the most complex billing cycles, you might want to consider Sage Timeslips, which comes with a range of basic and advanced features, such as invoicing capabilities, time and expense reporting and tracking tools, invoice customization options and report generation offerings.