The latest news in iFlow is the project time tracker. The BETA version can now be tested by all the iFlow clients, learn how to activate this feature from the User’s Guide. The timekeeping app becomes the perfect management tool. Track easily how much time your employees are spending on each project, and enjoy automatic reports at the end of the month that will give you the best overview of your company.
“Time is money” said Benjamin Franklin. The expression is known and has become the motto of many business leaders. Also, time is the resource that all businesses have. For this reason, proper time management has become one of the most important steps for a company’s evolution.
In a business, the only way you can achieve your goals is by starting to track the time and projects your employees are working on. Tracking the working time is no longer important just for your salary. By tracking project time you can discover how employees work in your company, where the are problems, and what is wasting too much time?
What are the benefits of project tracking?
In most businesses, the actual cost of an activity is proportional to its duration. The most important thing that affects costs and earnings in your company is time. How long will it take to complete the project, do you need to assign more people? These are just a few questions you will find the answer to once you start tracking the time worked on each project.
Cost and profit are measured correctly
With the help of iFlow reports, you will be able to see exactly how much time each project took, and then you can make well-informed decisions. You will decide if you need to allocate more employees to that project if you need more time to complete it, etc. The realistic number of hours will also help you calculate future price offers.
Individual reports in iFlow can be attached to different invoices of your customers for settlement or payment. You will also understand which projects have taken the most and whether your time has been better rewarded compared to a project that has taken less time. Such conclusions lead to the development of your company and make you a better entrepreneur.
Plan your projects efficiently = Your company is evolving
Efficiency leads to productivity and productivity increases your company’s performance. You need your employees to work more efficiently, not necessarily more. How else can you tell how well they fit on specific projects if you don’t monitor their working time? You will compare working times on specific projects to their evolution and you will be able to make important workflow decisions.
Transparency throughout the company
As an administrator, you will have real-time access to information about your employees’ activity and you can quickly and easily find out which projects are in progress. Your employees will enjoy this new iFlow functionality because it has been specially designed so that their privacy is not invaded. They can always record the times assigned to each project or task without feeling tracked. Give freedom to your employees and enjoy the benefits!
Is project time tracking the best solution for your company?
The answer is simple: The project time tracking is suitable for any company that wants to be in constant contact with its employees.
According to DeskTime, monitoring the working time is most common in the areas of IT, Marketing, Finance, Logistics, and Sales. But based on our team’s tests, the project time tracking from iFlow fits into many more areas.
Is your company active in the construction industry? Your employees may have multiple projects in one city, different projects at the same company, or employees who need to change locations and projects several times a day. In iFlow if you have 2 teams at the site where a commercial site is being built, you will know who works on the interior and who deals with the electrical installation.
“Management means efficient and effective leadership of an activity. From this perspective, the manager cannot make a profitable business for the firm he is responsible for if he does not know how to manage resources efficiently. And time is a valuable, demanding and irreversible economic resource: Time is the rarest resource because it is non-replaceable.” – Daniela Corodeanu in time Management
iFlow becomes indispensable to your company
We are sure the application will become the preferred method that business leaders will use to share their resources correctly. Start using project time tracking right now and you will soon have access to complex and personalized reports on your projects.
We are looking forward to hearing your opinion on the latest management and time tool available in the iFlow application!
