Hi, my name is Thomas Simon, I'm 30 years old, I'm a Marketing Manager working at https://www.monitask.com/en/. My family includes mom, dad, brother. However I live with my girlfriend.
The most well-known feature of Monitask is the time tracker. I can tell you how to use a time tracker to calculate the cost of work, why else this method is important and if it's necessary to establish time tracking within your business.
What are the benefits of a time tracking program? A time tracking system is necessary to determine the amount of time and cash you'll devote to a project. Communicate company pricing to clients as well as provide reports of time spent on retrospectives; determine how busy your team is and the rate of each employee; plan the next phase of your tasks according to the amount of time needed to complete each one. Work with the system of setting goals and objectives. Timekeeping can be used to predict the amount of time and cash it will take to finish any task.
For the cyclical analysis of retrospectives and time reports, they are utilized. Finance department is a big user of the software for timekeeping: they evaluate the time of employees' contributions to the frequency graph. In the initial phase of implementation we were required to remind people who didn't remember to turn off the timer at the start of their work. Finance department - they review time reports for projects and clients. Finance department then determines the margins on projects and clients by using the information. Finance department also evaluates the efficiency of teams and employees.
Employees record their time in the task manager. By "marking" tasks it is possible to track precisely the time spent on the project, change tasks, or even add new tasks.
In a business that has several projects running simultaneously it is essential to keep track of various aspects: the length of time devoted to the project, the number of tasks that have been completed successfully in addition to the actual and planned budgets.
The "by people" report is an option for companies that employ hourly employees. Each employee can manually complete the report or create a timer for the task.