Why time tracking will be important for all businesses

Time tracking is important for all types of businesses

Have you ever wondered why people would track their time or questioned how it would benefit you as an individual and your team? Maybe you’re not convinced about why it’s important to know how you spend your time and why are others doing it?

If the above sounds familiar, you can rest assured that you are not alone in having these kind of questions. From freelancers designing a website, to large organizations working in the health industry - below are some examples of how time tracking can be applied in practice and how it can help you and your business.

Make your agency life easier

Working at an agency can be stressful. Having numerous clients and various daily tasks means it’s easy to lose sight of where your time goes.  It was for these reasons that the team at O'Brien Media decided to start tracking their time. Using the Timeular platform has transformed their working practices, helping them jump between tasks as much as they need to without losing focus. Every member of the team can now see exactly how their working day is spent.

“Timeular has entirely replaced the timesheets that most of us used to use.  Every other time tracking solution we have tried has proven to be unwieldy compared to pen and paper. After a week of Timeular, everybody became an instant convert!”

Keeping track of the time of one of Austria's biggest organizations

With over 50 district offices spread across 150 locations, the Austrian Red Cross is one of the Austria’s biggest organisations. The IT department responsible for the organisation’s district offices bills its time to-the-minute worked per office, and sought a time tracking solution that was simple to use and could ensure to-the-minute accuracy.  

With the help of Timeular, the Austrian Red Cross has improved the efficiency of their operations and are now able to keep exact time records of their employees' performance. Furthermore, they use Timeular's Shared Spaces to track time as a team, allowing them to gain highly accurate insights into how much time is spent on different projects.  The 24 hour delay of analytical data to Shared Spaces admins has the added benefit of ensuring that no members of the team feel micromanaged too. The feature also builds confidence around privacy.

“Thanks to the very precise time recording, we can present our expenses transparently and make the costs comprehensible. This strengthens trust in our department.”

Being mindful with your time as a business owner

Isabel Sacher is a Business Coach who runs her own coaching company. Her husband was finding her working long hours in her office and was concerned that  she would never recognise it herself. He gave her the Tracker as a birthday present and she has been a time tracking convert ever since! Isabel now tracks every minute of her working day and checks her data at the end of each week. She finds the ratio of non-productive and productive work particularly interesting because it is important for her price calculations to know how many hours go into marketing/acquiring new clients compared to productive client work.

Seeing how much time she spends on each task makes her aware of the need to outsource some of them. For example, she used to manage her website on her own, but seeing how many hours she was spending on it at the end of the month made her find somebody to take care of this task.

Isabel increased her revenue by  €15,000 in two weeks, largely due to the fact that time tracking was helping her to finally keep her focus. And not only that - while looking at her analytics she noticed that she was working way more hours for a specific client than originally agreed, so she charged him accordingly afterwards. 

“At the same time my working hours reduced after I realised where I am losing time and where I can be more effective with batch work.”

Timeular is the right fit for you - DISCOUNT CODE OMG20

Timeular is helping hundreds of organisations around the world to better understand how time is spent and optimise their operations. Whether you are a start-up operation or an established multinational organization,  Timeular can help you scale your business and improve your bottom line. Our sales team is available to discuss everything from arranging a Timeular pilot, to speaking in more detail about how our platform can help you. Please reach out to ian@verticalevolves.co.uk for more information or fill out this form here: https://timeular.com/ref/Lyonsey/