Timesheets have been done on paper since we can remember, but the truth is that doing them manually is prone to error. If an employee puts in the wrong hours accidentally or forgets to log a break, your payroll will be off. That’s why we’ve set out to help businesses do timesheets right once and for all. No more illegible scribbles or tedious data entry. 2017 is the time to modernize the timesheet process.
Here’s what businesses need to do to improve the way they manage timesheets:
Catch Timesheet Errors from Anywhere
Any business owner or manager knows that face-to-face interactions are invaluable. When you have eyes on your business and can see for yourself that your employees are following the processes you set out for them, that can put you at ease. But having to sit in the back office and crunch numbers when you could be building relationships with customers or training employees is backwards at best.
That’s where cloud-based timesheets come in. Your employees can clock in when they get to work and you can look into the data no matter where you are. That way you can monitor potential errors in real-time, instead of waiting until payroll to catch glaring issues. Missed shifts, clock-outs, and breaks happen, and being aware of them as soon as possible will help you make sure those errors don’t happen again.
Gain the High Level View You Need
Knowing who’s working where and when is a must when managing your business. Beyond that, you also need to know how many hours each employee is working, how many of those count for overtime, and ensure they’re taking the appropriate breaks. Instead of breaking out the calculator, cloud-based timesheets do that heavy lifting for you and provide on-demand reports with all the crucial data and insights you want to track. That way you have the high level metrics on hand at all times so you can keep track of labor costs and gain peace of mind.
Keep Compliance Front and Center
Overtime and labor law compliance can get tricky and you don’t want to find yourself on the wrong side of these laws. Staying aware at all times of how many hours employees work is a requirement to stopping problems in their tracks. In 2017 there’s no excuse to be blind to it, as you can easily get a reminder when an employee goes over their normal hours or if they are projected to go into overtime pay later in the week. The only way to avoid legal issues is to keep track of hours and breaks consistently. The most efficient way to do is is with timesheet software (especially because it is complete with timesheet templates to maximize efficiency).
When you have access to your employee timesheet data, the payroll process is much easier. No more searching through files or entering data into spreadsheets for hours. Instead, easily export that data and send it over to your payroll provider or accountant. When they have easy access to the data, there will be much less back-and-forth. Why not make everyone’s job easier with straightforward timesheet data?
Modern Timesheet Management
In 2017 businesses are moving away from manual processes and switching over to more data-driven ways of managing their timesheets. We’re entering into a mobile-first era and there’s no reason that businesses with hourly workers should be left behind. Moving your timesheets to the cloud means that you can keep track of your business operations from anywhere and catch errors before they grow into costly problems.
If you’re ready to see what cloud-based timesheets can do for your business, sign up for Homebase for free here.