Why Use a Timesheet?
Click to learn why use a timesheet



You may have landed here after asking yourself, "Why use a timesheet?"  Why not just do your job as best you can and not worry about how many hours go toward this thing or that?  Does it really help you do your job any better if you enter hours into a timesheet?


The answer may not apply to individual employees.  They may not see any benefit to collecting timesheet hours.  After all, they have jobs to do, and babysitting a timesheet may not be one of them.  In fact, it feels a lot like added administrative work -- work they may see no benefit in.  But employees don't run the company.  They don't necessarily see the big picture benefit to the organization that employs them.

More timesheet and time tracking strategies

In the interest of brevity, here is a small list of reasons to use a timesheet.  Several of these are covered in the video.

  1. Bill time and expenses to clients
  2. Improve project efficiency
  3. Easier to collect time and expenses into a client invoice
  4. Safeguards to help capture billable hours, and not overlook them
  5. View consultant's utilization rate (number of hours utilized in billing clients)
  6. Improve effective billing rates for consultants and entire organization
  7. View employee daily and weekly hours to make sure they are working on correct tasks
  8. See employee status at a glance
  9. Manage projects more effectively
  10. Compare task estimates with actual hours from timesheet
  11. Improve project schedules based on actual employee hours
  12. Improve task estimates
  13. Focus on milestones, deliverables, and ship dates
  14. Focus strategic projects and company priorities
  15. Make sure time goes to high priority projects, and not to secondary projects
  16. Check employee availability based on task start, due dates, and remaining hours
  17. Find out if an employee is over-allocated with tasks
  18. Collect time off requests for vacation, sick, personal, comp time, and other reasons
  19. Accrue PTO hours weekly, monthly, or yearly for time off requests
  20. Check other employee time off schedules
  21. Accurately report hours to government agencies like DCAA
  22. Compare older project to existing ones
  23. Estimate when a project will end based on trend lines
  24. Find out if you are making money or losing money
  25. Find out if you have to raise your billing rates

Also see: Video: Unique Timesheet Features, Video: Best Timesheet on the Market

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