Accountants are 50% more likely to be sick before your taxes are due
You’ve probably heard the old adage that “nothing in life is certain but death and taxes.
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Precision in timesheets is a necessity, not a luxury because the price to be paid for inaccurate data is too high. Some of the common inadequacies of run of the mill timesheets are:
Here are a few key points to be considered when evaluating a timesheet solution:
Replicon considers these to be must-haves for any timesheet solution provider without which a company’s efficiency, safety and productivity will certainly be compromised. Another factor to keep in mind is to ensure that the system is intuitive with built-in intelligence to anticipate the needs of the user. Quality project time tracking software solutions are highly flexible and easy to run, providing real time reports.
Replicon recommends that the buyer ensure that data capturing capabilities are part of the solution along with in-built capacity to share this data with other applications. This is critical for a project management tool where requirements such as expense reimbursement, payroll and other processes are critical. The ideal solution is one which allows seamless exchange of data via an open API (application programming interface).
Replicon believes that an efficient time tracking solution ensures that both internal business rules and external/legal regulations are captured smoothly. It is absolutely essential that employees have the ability to check their own time-off balances as well as review time-off requests, directly. This makes things easier for the payroll and/or HR department and also allows managers to review attendance hours and time-off requests and approve them accordingly.
A quality time management solution is the way to go to get accurate and timely data. Many smaller companies still opt for traditional, manual methods. These archaic processes slow down efficiency and are often dangerously inaccurate. A hassle-free, cloud-based system like Replicon’s, is the best choice for tracking time and attendance in the new millennium.
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You’ve probably heard the old adage that “nothing in life is certain but death and taxes.
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