What is time tracking software?
Time tracking software is a tool that allows you, as a freelancer or small business, to easily keep track of the hours you spend on various tasks and projects. It's a game-changer for businesses that bill based on hours worked, such as consultants, freelancers, and service providers. Thanks to this software, you'll master your 'billable hours' so quickly that you can even do it in your pyjamas.
Why do you need time tracking software as a freelancer or small business?
Think back to that evening you were up late trying to get all your hours from the past month in order. You could spend that time much better on your clients. With time tracking software, you not only save this time, but you also get a real-time overview of how much time you spend on what. This way, you can better estimate how much you should actually charge for your services and never lose income again due to 'forgotten' hours.
According to a study, freelancers spend an average of 15% of their time on administration. That's almost 6 full working weeks per year!
How to choose the right time tracking software?
Good time tracking software meets several requirements. It must be user-friendly, flexible enough to grow with your business, and have enough features to seamlessly connect your invoices and time tracking. And, not to forget, it should preferably be in one system with the rest of your administration, as Booqdoo does.
What are the benefits of time tracking software?
The benefits of time tracking software are endless. Here are the most important ones:
- You save time and effort: no more manual time tracking in separate Excel sheets or notes.
- You have a real-time overview of your time tracking, allowing you to make better decisions about your rates and project planning.
- You can link your hours directly to specific clients or projects, so you can see exactly how much time you spend on what.