5 Reasons to Use Personnel Time Sheet Management Software

In the past, manual time sheet management was one of the most burdensome tasks of personnel management. It was not only time consuming, but was also prone to costly financial errors. However, with the emergence of modern time sheet management tools, it has become a lot simpler and convenient for managers to compile, organize, and process data as well as calculate wages and benefits, ensuring proper deductions and the withholding parameters.

Considering this, it has become essential for every business, regardless of its size, to have an automated time sheet management system in place to ensure accurate and more efficient management of time sheet. If you have not yet acquired an automated time sheet management program for your business, here is why you should do it now.

1.    More Efficient Management of Attendance

With an automated system, the time sheet can be filled out automatically. Using the time clock software, employees can log into the system and register their attendance directly. By eliminating human errors as well as the chances of manipulation, the system allows for more accurate recording of data.

2.    Condensing Information from Multiple Sources

With automation, the data from various departments can be viewed individually or in a grouped format to gain comprehensive project information. This way, managers from various departments can get time and cost reports from multiple sources in an instant to make quick and accurate decisions time tracking solution.

3.    Increased Operational Efficiency

With the integration of time sheet management system into the accounting system, the overall businesses operations become more streamlined. Besides reducing administrative errors, the system also saves time and money by eliminating duplicate data entry and the need to rekey the data multiple times.

4.    Increased Collaboration among Departments

When everyone in the organization is equipped with updated data, it becomes a lot easier for business units to help each other. Besides this, data consistency across all functional units also helps to reduce inaccuracies and errors at every level.

5.    Limited Access Rights

Although automated time sheet management system allows mass distribution of data, it may limit user access to protect the data and personal information, as and when needed.

Besides offering functional advantages, personnel time sheet management features various operational benefits to help companies make their systems simpler, efficient, and error free.

Whether you are running a small company or managing a large enterprise, the time sheet management system available at Chrometa can be the most viable option to ensure consistent growth and success of your business. For more details, contact us today!

How Automated Project Management Can Help Your Business

Time and information are amongst the most valuable assets for the success of a project. In a recent survey, the Project Management Institute has found that efficient project management can deliver higher ROI and increased efficiency for crucial business projects.

Considering this, it has become essential for every business to invest its time and resources in well automated time management and cost estimation tools to improve the overall performance of the business.

If you have not yet acquired project management tools for your business, here is why you should do it now.

Improved Project Planning and Estimation Capabilities

Starting things off on the right foot can ensure the successful completion of the project. With a well-integrated time and cost management tool, managers can plan and generate close-to-accurate estimations for the future projects, considering time and cost data.

Besides this, the tool can help managers evaluate the long term impact of the company’s decisions, thus allowing them to standardize their processes to make the system more productive, budget-friendly, and capable of delivering products and services on time.

Minimal Project Risks and Failure

By allowing you to review previous timesheets and manage resources accordingly, automated project management tools enable you to manage risks in a proactive manner. With an accurate planning and clearer insight of the overall project, managers can identify potential risks and take proactive decisions to avoid failures.

Besides this, the real-time availability of time and cost data can help managers manage risks at each stage to reduce their impact and improve the quality of the bottom line. Also, by managing risks at each stage in the project lifecycle, you can ensure that your project is delivered on time and within your budget.

Improved Cash Flow

Well integrated time and cost management tools offer automatic billing, which can significantly improve your cash flow. As the tool can automatically calculate the billable time along with the corresponding amount to send the invoice over to clients, it can help you get your payments without any delay. Also, with quick and efficient billing, the system can eliminate billing errors and ensure improved cash flow and revenue.

Automated project management offers numerous advantages to both large and small businesses. No matter what stage of development your business is, investing in a well integrated project management system can help you upgrade your entire business process.

If you are looking for a reliable time tracking tool for your business to streamline your project operations, check out the features and benefits of our automated time tracking program today!

Streamlining Expense Reimbursement Using Chrometa

Expense reimbursement is crucial for efficient management of resources, especially when your employees are constantly traveling for business purposes. Depending on your reimbursement policy and procedures, these compensations can significantly affect your profits and the overall growth of the business.

For businesses that are seeking both efficiency and convenience when it comes to reimbursement of expenses, Chrometa is one of the best solutions available today. With its accurate online time tracking software system, the application allows you to cut back on your business expenses without compromising on your needs. Let’s take a look at how Chrometa can help you streamline your business operations.

Efficient Expense Reporting

Using Excel or other non specialized programs can make the reimbursement process unnecessarily long and tedious. Since the reimbursement process typically requires employees to scan and attach relevant receipts and documents for approval from their manager or the finance department, it may take much time and effort to compensate them.

In order to save time and make the process more efficient and reliable, you can add Chrometa to your system.   The Chrometa app

allows you to record the precise time, so it can help you generate more accurate expense reports in a more efficient and quicker manner.

Paperless Expense Management

With Chrometa, employees no longer need to carry receipts during traveling. All they need to do is to install the Chrometa mobile app on their phones to create a time entry for each meeting and activity while moving around. The application can manage their timesheet precisely to generate the relevant reimbursement statements, whenever required.

Policy Compliance

Chrometa allows companies to treat the entire workforce fairly and equally. With an efficient reimbursement system in place, you can ensure uniformity and consistency throughout the system to avoid compensation issues and other related problems.

Reduced Cost and Improved Profits

With greater accountability, the Chrometa app can help you avoid system abuse. This means that you can eliminate irrelevant costs and expenses, which can radically improve your overall profits. Also, by reducing extra expenditures, the app can enable you to make your system more efficient and effective for long term growth and success.

Chrometa app is available for both iOS and Android phones to facilitate billable time entries as well as to calculate their expenses precisely wherever they go.

Check out the pricing plan of Chrometa to get the app for an efficient and productive system today!