Why Every Business Needs to Mobilize Their Timesheet Management
To mobilize your timesheet management not only automates outdated processes but improves data accuracy and cuts costs. Receiving information efficiently and streamlining your operations means cutting out a number of problems including time spent dealing with paperwork and human error. Applications such as Venturefoth’s vTime automate processes that have historically caused major issues. Having proper timesheets can be a huge difference-maker when a single error can mean over-paying or even under-paying your team causing unexpected expenses.
Timesheet management is the key to speeding up time to revenue. As a business, your profit gives you breathing room, and when an unexpected asset breakdown occurs you need to know you’ve got the money you need and are able to pay your employees for whatever time should be allotted. In any professional environment, time is a scarce commodity and needs to be tracked efficiently and without error. Mobilized timesheet management apps capture time worked on any device, from almost any location. Timesheet automation helps the right data get to the right people, providing a safeguard for a manager’s oversight as well as the finance department’s ability to get information for billing and payroll. Precise time tracking means quickly adapting resources and creating better strategies to serve your individual business needs and increase profitability. Ventureforth’s vTime application mitigates your pain points and gives you back control of your timesheet management.
Not convinced? Here are a few reasons why a mobile timesheet is a must-have!
Less Administrative Expenses
Companies that mobilize their timesheets have much less overhead related to paperwork and human error. Scheduled reminders help employees stay ahead of their timesheets without the need for a prompt to remind them. According to the NCBI or National Center for Biotechnology Information, 48% of provost offices still report a predominantly paper-driven process. This is important as waste can account for massive expenditures.
Improved Support for Manager Approval
With the support of managerial review, all timesheets can be approved from a mobile device before submitting to Oracle. This ensures that not only will the data be accurately recorded but also reviewed with complete visibility. At any time a worker has questions about finishing their timesheet, they have all the information needed to process in accordance with company policy.
Work Without WiFi or 4G LTE
Regardless of Wi-Fi access, employees can record time from virtually anywhere. This increases data accuracy eliminating paperwork with technicians, crews, and managers capturing their time at the point of work execution instead of having to wait.
Access & Copy Previous Timesheets
Employees and contractors can save time by quickly copying their timesheets on recurring tasks. A mobile timesheet application allows users to view past timesheets in order to better estimate resource requirements on various tasks. This enables improved budgeting and future resource allocation.
Increased Timesheet Accuracy
When using a mobile timesheet solution workers can simply record details from their daily tasks at the end of each day. Using devices and apps well equipped for the worker’s specific needs they have an easier time recording, creating fewer errors. At the same time, managers can easily review and approve the information or request clarification.
Support for Multiple Pay Codes
Accurately record labor times with multiple pay codes such as regular time, overtime, holiday pay, and even travel. Often time is recorded incorrectly due to a lack of understanding about company policy and having a simple and consistent means to record. By utilizing a mobile timesheet app in your timesheet management operations, your team can record what they did and where they went, and travel time accurately and efficiently.
Our timesheet mobility solution has extensive out-the-box functionality and is designed to increase employee productivity. With an easy-to-use mobile interface and robust integration, it allows employees to automate the process of recording timesheets in three simple steps. From allowing users to view past timesheets to easily recording an employee’s timesheets, vTime ensures on-time payments every time. Click here to go straight to our timesheet mobility solution!