Keeping track of valuable metrics such as time, cost, productivity, and revenue are extremely significant in the progress of a business.
It’s a famous saying that time is money. For making your business processes more streamlined and effective, you must track the time invested in each particular task.
Monitoring time also helps in calculating the productivity of each employee. As a result, improvements are made to achieve milestones faster.
Benefits of Productivity Tracking Software
The productivity tracking software benefits both employees and business owners. They help you in keeping a check on how much time you are spending on each assigned task. As a result, you can devise strategies for the betterment of the business processes.
The numerous benefits of tracking productivity include the following:
Better Project Management
The productivity trackers help you in better planning, scheduling, and organization of all the activities of a project. You can also prioritize all these tasks so that high-priority ones are completed first.
These trackers allow you to assign tasks to team members and keep a check on the time spent on the completion of their tasks. All these factors help you in better and effective management of your project.
Plan Resources Efficiently
Planning is the initial phase of each project. The planning phase includes all the tasks which are to be completed during the project.
The productivity monitoring software presents a clear idea of what needs to be done for the successful completion of the project. It includes all the tasks to be performed along with their priority.
You can assign all the tasks seamlessly to the available resources and get them done before the deadline.
The software built on the cloud-based software as a service technology is proven for boosting up communication among team members. The tracking software incorporates communication via comments and chat. This helps you in addressing your queries or concerns.
The productivity software keeps a record of discussions related to certain tasks performed during the project. This ensures that the constant changes are easily monitored and all the team is updated.
This software allows sharing files, links, emails in addition to video and audio calls. You can also conduct group calls and keep the conversations uninterrupted during the project.
The trackers help managers in keeping a check on the pace of the team members. They can track the mistakes better and recommend improvements.
The team leads can evaluate the team members better through the productivity tracking software. They can scrutinize the quality and time spent on each task by various team members and evaluate them easily based on that.
Real-time Employee Performance
The productivity tracking software is responsible for monitoring the real-time performance of subordinates. This helps the managers in noticing the good performance of the team and appreciate them for their hard work.
The screenshot functionality is available in a most tracking software. The managers can share those screenshots with the team and appreciate the employees for the tasks completed successfully.
The appraisals and bonuses can also be decided after looking at the reports generated in the productivity monitoring tools.
Strengthen Your Relationship With Employees
Analyzing the performance of each of your team members and recommending improvements helps in building a strong bond with them. This leads to a better understanding between colleagues and managers. It also has a positive impact on the overall environment of your office and makes employees optimistic.
Keep A Check On Employees Violating Company Rules
Each organization has a certain set of rules and policies that must be strictly followed. It can be related to accessing certain websites or performing a few activities during work time.
The productivity trackers ensure that the employees are following the guidelines. The tracking software can also help in detecting any restricted activities and allow managers to take disciplinary action.
Track Remote Work
The current era encourages employees to work remotely from the vicinity of their homes. The productivity tracking software helps in keeping a check on the activities of the employees from anywhere.
These tools also comprise reports that allow the employees in checking the apps used by the employee and the time spent on each. This ensures that the productivity of the team is not compromised.
Improve Efficiency Of Employees
Having productivity tracking software makes the employees conscious. As a result, they focus on the tasks better and ensure that the deadlines are met.
The trackers keep a check on the accessed websites, shared files, etc. This ensures that they don’t share sensitive company data.
The productivity monitoring software keeps a check on the attendance, arrival and departure time, leaves, breaks, and other such information of the employees.