Track billable time
There might be many reasons for you to introduce time tracking in your organization, but an important motivation would be to assess how much of your team’s time is spent on billable tasks. Why do you need to analyze that? First off, you may be able to identify non-billable elements of your team’s day-to-day work that could be optimized (many teams waste a lot of time on unproductive meetings). Secondly, it may prompt you to redesign your contracts or even adjust your business model and, as a result, improve the bottom line of your business.
Again, even though you can ask your employees to fill in a paper timesheet or log their hours in an Excel spreadsheet, it’s much more convenient for both sides to use a dedicated app.
How does Teamdeck help?
With Teamdeck, it’s effortless to tell the billable and non-billable hours apart. Every recorded time entry can have a set of tags signifying its nature (e.g., billable, working from home, approved overtime). Time tracking itself is not bothersome for the employees, as they can use a convenient mobile time tracker.
Teamdeck’s mobile time tracking app will help your employees keep track of their work.
Thanks to the powerful reporting features of Teamdeck, you can calculate precisely how much money your projects have generated in a given period based on the tracked billable hours and your team wages.