Make changes in how your company manages time and projects
You’re looking to make changes in how your organization handles time and projects. But how will you manage to implement those changes?
Making changes in your time management system can be a challenge and could include a multitude of questions. There are many considerations; after all, it isn’t just about you but equally about those that work with you.
You probably have a system for bookkeeping and payroll right now, but in the ever-changing world of business, you have most likely heard there are more efficient tools for putting the numbers to work for you like time management software, project management software and business management software.
Progression is the key to growing forward
Change, in the business sense, is better labelled “progress.” Progress is necessary, for it encompasses much in the business world, and without it, you are merely spinning your wheels. History tends to reveal many answers.
Take for instance two corner grocery stores in say, the ’50s.
Store A puts all the receipts for ordering resale goods, utilities, hours of his employees and the tapes from his adding machine into a paper bag and brings them home on the weekend to balance receivables and payouts.
Store B’s owner keeps a log of sold items, employee tasks, and items spoiled or outdated along with a simple two-column ledger he kept up at the close of each day.
On the surface the differences were minimal
There were not any differences that seemed significant between store A and B in the beginning, but in time store A developed a reputation for having outdated goods and spoiled product, the shelves were dusty, and bookwork was behind by months because life happened on the weekends.
Store A was beginning to lose revenue yet he was unaware of the reason because he did not have a time management or project management system in place. Store B continued to thrive, always offering the freshest product to their customers, cheerful employees that knew what was expected of them, and a store that seemed to carry just what the customer wanted.
Store B had a system for project management, time management, and business management. Store B excelled to become a massive grocery store chain, where store A threw in the towel and locked its doors for the final time.
Your systems will define your success
The moral of the story is you need to have a system to manage your numbers. How good that system is will dictate the progress of your company. If growth means changing to a time tracking software system in today’s world, then you need to know what you’re looking for.
Since time is money, you need time management software as well as a business management software to make your business as successful as it can be.
What features does your time management system need?
The software you choose should feature as many of the following characteristics as possible:
- Automated reporting, notifications, job tasking
- Custom reports and graphs supported, includes built-in templates
- Unlimited clients, employees, projects, tasks
- Supports billable, non-billable, overtime rates
- International date, time, multiple currencies
- Customizable terminology (ex. Change the word “task” to “job”)
- Unlimited custom fields
- Security permissions and access levels
- Very scalable architecture
- Full export/import capability
- Approval workflows
- Timesheet and expense tracking
- Free apps and integrations
Free Dovico Timesheet for up to 5 employees and 10 projects – Unlimited time entries & reports.