For a company with a significant number of employees, tracking and recording employee work hours can be a long and tedious task not to mention prone to human error. Addressing this problem, time clock software was created to make the payroll process a lot easier and faster. It eliminates the time you waste computing your employees work hours manually.
Time clock software helps you manage your employees without using paper cards. The software generates automated payroll reports that already include regular work hours and overtime. Sick and personal time as well as vacation leaves can also included in the reports.
Time clock software easily shares information with electronic time clocks. The time clock can be programmed to designate job codes to particular groups of your employees and the job codes will automatically be reflected in the time clock software report.
Time sheet software, on the other hand, lets you do more than just compute employee hours. It is a web-based tracking program that lets you do time and attendance, project costing, and client billing in one easy-to use program. It also provides graphical reports concerning the productivity of the company.
The time and attendance function of time sheet software lets you track vacation, sick, and flexible time of your employees. Employees can also submit time-off requests online.
Project costing function of time sheet software, in the mean time, lets you track relevant information for your organization such as the estimated time of project completion. It also enables you to handle and keep track of multiple projects. Project costs can be estimated in multiple currencies.
Moreover, time sheet software can also be used for time and billing functions. It can be used to bill multiple clients as well as monitor billable rates. It also easily sets and distributes individual billable hour targets.
The program is flexible enough to let you select your preferred billing option. You also have the option of having your clients log-in and approve your time sheets.
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