Project Time Tracking Solutions

Project time tracking solutions are dedicated solutions that not only keep track

of the total time for a particular project but also have multiple functionalities including running real time reports and generating billable and non-billable data. Due to the diversity of business applications, there are different types of project time tracking solutions available in the market. One of the most popular and successful type of solution is the one that offers a complete solution for all your time-sheet management and project time tracking needs.

If you are searching for project time tracking solutions then there are certain aspects that you need to consider. There are several features that are available in a particular solution but might not be available in another. So the first thing is to identify your need so that it is easier to zero down on the type of time tracking software you require. Of course, the primary aim of the software should be to offer you better project time tracking and management as well as improved billing.

Better project time tracking solutions will help you to create as well as manage single or multiple projects using project workspace view editors. Using the editors, you will be able to create new projects, edit continuing projects, and even delete projects. The advantage of having this functionality is that you can make any number of changes, which will get reflected in real time and the software can accordingly generate reports related to specific projects.

Most of the top project time tracking solutions has a feature called automated alerts, which can be used for budgets, milestones, costs, etc. The primary objective of the software is to inform you when you cross your budget or when a particular project milestone has been accomplished so that you can bill the client. Automated alerts are extremely helpful because it is not always easy to remember details related to milestones and costs to a project.

One of the salient points of project time tracking solutions is that it will help you to keep your projects on the right track and this is done through higher project visibility. When we talk about visibility, it basically means that the solution will take into account the various parameters like project cost, client requirements, employee attendance, employee work hours, delivery time, total billable hours and much more. All these parameters will help you to understand further requirements at any stage of a project delivery.

Of course, billing is one of the most important aspects of project time tracking and you need to choose a solution that will reduce your overall billing cycles by receiving all account receivables in a quick and efficient manner. The project time tracking solutions should also be able to create invoices based on actual project time and delivery information. Some of the top-end solutions can create a single invoice for multiple projects at any given point in time.

Last but not the least, your project time tracking solutions should be able to create separate time-sheets for both billable and non-billable hours. Having a project time tracking solution means more flexibility, higher reliability, and accurate billing!

by: William Mance

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