Online Employee Time sheets

In most of the start up companies they will maintain their work record only in excel sheet. It is arguably a tedious task to maintain the records in an excel time sheet and also there is a high possibility of getting some erroneous results.Companies used to offer excel timesheet software's with in-build features like:

• The year can be typed in as any year desired
• The total hours for a given day are been displayed in hours and minutes.
• Hours worked and leave hours have totals at the bottom of the column.

However the pains of maintaining an excel timesheet was always there with the people managing them and the hunt for options was always on. Then there was Outlook timesheet . Here the features were one up from excel timesheet like:

• It had user interface
• Remote access feature using Outlook / Exchange messaging solution.
• Approval Routing with Automatic Notification was another good feature of outlook timesheet .
• Administrators can set rules in outlook and
  Outlook companies claimed to provide the highest level of security

All was going well, however with the fast moving technology; companies needed more flexibility and efficiency according to their work environment that was not available in outlook. This is when Online Employee Timesheet came in as the solution for the industry.
                            Timesheet software allowed users to enter and approve timesheet and expense reports online using only a web browser. It is a comprehensive web-hosted timesheet software application that streamlines time and attendance, expenses, benefits, time off, and other HR related processes developed specifically keeping your company requirements in mind.
                            Timesheet software helps in eliminating paper work and reduces the countless hours lost to tedious tasks like repetitive data entry, error correction, and waiting for approvals. Timesheet software provides numerous features such as instant overtime calculators, mass approvals, automatically applied company OT rules, even automatic email reminders. Managing timesheet software and projects online increases efficiency and number of benefits compared to traditional desktop-based installed software. Employees can log in to their timesheet software from any computer requiring only an internet connection and browser. Timesheet Software is available at all times, from home or the office, or even your client's office. There are no timesheet software downloads, nothing to install and you are always using the most up to date version. Additionally, your data is hosted at state-of-the-art Data Center, guaranteeing immunity against prolonged power outages, flooding, fire and other natural disasters. Companies offer Online Timesheet solutions with added features like Project timesheet, Excel based Online Timesheets and many more.

Importance of using a timesheet

It never matters if your consulting firm is small or medium sized or a code warrior for hire in a back room of your house then you have at least one thing in common: The main motive behind any business should be to make profit without turning down the values .Managing workforce and work is a key aspect in employee management .And we need something automatic to allocate time among the employees and manage them effectively because both over utilization and under utilization of resources is always a huge problem .To solve these kind of issues we have timesheets that come into play .Timesheets are the usual method for tracking time you spent working and thus are the key to timely invoice generation. Timesheets are very important for two main important aspects basically .

1) If We have timesheet we can well keep track of the work ,like the completed work,work in progress ,number of people assigned for a particular work and by simple query we can very easily get the required information manually creating and maintaining all these records will be a tedious task ahead.
2)In the case of online timesheet the case is an added advantage,Because if the timesheet is online then there is no necessity that the admin should be onsite to manage things.Even if he is on a vacation he can monitor the works done by his employees .
                                       Timesheets used to be monthly, then weekly, daily, and now can be updated to the minute. A timesheet software package like timesheet MTS or Timesheets Lite is simple to administer, is simple for the casual user to enter time, and most importantly is simple for the accounts department to use and generate the reports they need for prompt invoicing.
                                           It is the high time today to move away from paper based time timesheet as it would not only be a tedious task to maintain paper based records but also errors are always highly possible even though atmost care is taken to avoid errors manually and these errors would expand to huge level when the records are manupulted for a period of time . When you have a system be vigilant! Make sure your people are accurate and timely with their entries, and make sure accounts are prompt in issuing invoices! .Act swiftly and make your decisions intelligent as the quote says "Opportunity never knows your door twice"