

Whether it’s personal, team or project, understanding progress is a key to being more productive. Accurate invoices that list each item you’ve billed for will make your business and prices transparent, which is a great way to make sure your clients see your business as fair. Once you have this under your belt, you’ll be able to renegotiate fees with your clients. However, this isn’t all, as you will also be able to understand resource allocation. Increasing profitĪccurate time tracking enables you to see exactly how your employees’ time is spent. Simply put, the importance of their tasks should match the level of productivity they’re at.

For example, employees who tend to be more productive in the morning can do their most demanding tasks early on in the day. This way the management will be able to redistribute tasks according to employee capabilities and schedules.Īdditionally, the team members will understand their own work rhythms and adjust to them. It is a useful practice, as it allows the management insight into the distractors, top performers, and team members who possibly need additional help or guidance. This data can be transformed into reports and indicators that show the strengths and weaknesses of every team member and the team as a whole. Time tracking, when done properly, collects a lot of useful data. This applies to team leaders, project managers, and team members themselves. Team coordination and management aren’t easy work.
