New York litigator Barry Ostrager charges $1,000 an hour for his time. How do you think his firm keeps track of his every minute? You can bet that the lawyers at Ostrager's firm use time tracking business software to track and bill every minute that Ostrager and all the other lawyers in his firm spend on their clients' legal matters.
Many professionals at law firms and other small businesses use time tracking business software to account for their employees' hours on the job.
== HOW THE BEST TIME TRACKING SOFTWARE WORKS ==
With time sheet tracking software, employees who need to record their time in hours and fractions of hours keep the software open on their desktop all day long. When they perform work for a certain client or customer, they enter a billing code that starts a timer keeping track of the employee's time. The employee turns off the timer when the work for that customer stops.
The best time tracking software sends the information directly to a central server where it can be retrieved for electronic billing, paper invoicing, charge backs, and project management reports.
With time and attendance tracking software, upon arriving at work employees log in to a central computer that records the time of their login. Employees use the same computer to log out when they leave the workplace at the end of their shift.
== HOW TIME TRACKING BENEFITS SMALL BUSINESS ==
A wise locksmith once said, "Locks keep honest people out." Similarly, time tracking software keeps honest employees honest. Perennial tardy or absent employees know that time tracking software is accurate and reliable. Chronic absenteeism and falsified time records become a thing of the past.
For sole proprietors, attorneys, and contract workers, time tracking software can be used to answer the age old question, "Where did the day go?" Small business owners who need to track the time of contractors and employees for project management purposes will also benefit from time tracking software.
The best time tracking software won't do everything. It will focus on one of three time tracking applications: (1) businesses that need to track employees' time because they bill their clients by the hour, like lawyers and contractors; (2) businesses that need to track employees' time so they can analyze the feasibility or profitability of a particular project; and (3) business that need to track employees' time for hourly payroll purposes.
== THE BEST TIME TRACKING SOFTWARE ==
For lawyers: AbacusLaw Classic. This affordable,
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