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 Post subject: Benefits of Timesheet
PostPosted: Wed Jun 12, 2013 10:03 am 

Joined: Tue Jan 22, 2013 9:07 am
Posts: 46
Managing Time with the help of timesheet can bring you the following benefits.

Increase in Efficiency
A proper timesheet will help the employer to assess the efficiency of the work done by the employees. And there by if the work done is not effective then the manager or employer can change the strategy or find out the employees who are not effective on their work. There by increase the over all efficiency and throughput.

Reduced manual work:
Time tracking has to be done very carefully as most of the vital processing in an organization is done based on the information entered by the employees, normally ledgers will be used to keep track of them , and if that data has to be processed a very careful manual processing has to be done and when the number of employees in an organization is huge these works can become tedious. But timesheet makes these things a very simple task.

Increased accuracy:
When payroll is calculated manually then even when utmost care is taken there is possibility of creating some manual errors and this can create chaos among the employees, But when timesheet is used then accuracy is guaranteed.

Keeping the goals updated
Timesheet will help us to keep our goals updated. If the budget of a project is going beyond a pre set milestone or if the project deadline is approaching this time sheet can be of greater use in these aspects.

Maintain a transparency between the employer and employee
This timesheet will act as a solid proof to show the workers the amount of time they have worked. Even if the employees argue that they have been paid lesser than what they have worked for then the report generated by this timesheet can be of help to the employer to cross check the time worked by a particular employee.

Initially paper based timesheets were used that wasn’t effective and hence organizations have switched to web based timesheets. Web based Timesheets have a lot of advantages over its competitors, Employees can enter the timesheet from any location of the world provided they have a laptop with an internet connection this will be of great help when he/she is on site. And the employer can view the status of the work done by his employees and reports in real time even if he is on a business trip or a vacation.

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