Time Management Softwares for Small Business

Time management software or timesheet management software is accounting software which is used to maintain timesheets for each person in a company. Such software allows employees to enter their time, which can be approved/rejected by supervisors or project managers.Increasingly this software is web based, making deployment much easier.Most time tracking software is commercial or shareware. However, there are a number of free web hosted solutions available – see Comparison of time tracking software.

Time tracking software may be:

Standalone – used only to record timesheets, and generate reports

Integrated into accounting system – where timesheet data is directly fed into company accounts

Integrated into billing system – used to generate invoices, especially used by contractors and professionals such as lawyers

Integrated into project management systems – timesheet data is used in project management

software to graph the effort being spent on each project or task.

Integrated into payroll system – timesheet data is used in payroll software to pay employees based on their time worked.

michael
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