What is a Time Tracking?
Definition
Software recording hours worked by employees or contractors through manual entry, timers, or automated capture. Time tracking systems provide timesheet management, project allocation, billing integration, overtime calculation, and labor cost analytics."
Why This Matters
Time tracking provides timesheet management, project allocation, billing integration, and utilization analytics. Time data is essential for professional services and project-based organizations.
Related Terms
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Workforce Management
Software Features & Capabilities
Software optimizing labor scheduling, forecasting, and compliance through shift planning, demand forecasting, skills matching, and labor law adherence.
Payroll System
Software Features & Capabilities
Software automating employee payment processing including salary calculation, tax withholding, deductions, direct deposit, tax filing, and compliance reporting.
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Related RFP Templates
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