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No matter which industry your business is in, tracking labor costs is always a challenge. Whether you are a service provider working on a project by project basis or are a manufacturer, it is essential that you are able to identify the profitability of each and every task your workforce performs.
If you suspect that your profitability is threatened, you need a clear way to identify the cause and take corrective action immediately. Employee time tracking software can bring you the actionable data you need to make decisions that impact your business and reduce labour costs overall to improve ROI.
Use our Labor Costing software to compare planned vs. actual time to ensure projects stay on budget, accurately pay employees different rates depending on the tasks they perform and identify and take action to reduce non-billable hours.
See where the most time is being spent to determine if projects are profitable. With this data on a project level, you can make better, quicker decisions about how to get your profitability back on track.
Since our start over 40+ years ago, we’ve helped organizations save more than $10.5 billion in labor costs by offering insight into where employees’ working hours are spent, among other things.
We have improved our employee management software by looking at how we can find a solution to optimize and improve your business processes rather than just automate your existing ones.
Automating how time is captured and recorded is revolutionizing how businesses (of all shapes and sizes) are streamlining their manual punch clock, payroll or timesheet processes.
Upgrading your time and attendance system to a time clock software solution is one of the best ways to optimize your most valuable asset – your employees
We don’t mean to brag but, our mobile solution is one of the most advanced available. That’s because we understand that today’s workforce is on the go or out of the office.
Labor tracking software automates the process of recording and analyzing employee working hours by project or task. Employees log their time through a user-friendly interface, while managers gain real-time visibility into labor allocation. The system compares planned versus actual time, calculates different pay rates based on tasks, and generates reports that highlight profitability across projects.
Labor tracking software provides actionable data to improve profitability by comparing planned versus actual time spent on projects. It enables accurate payment of employees at different rates based on tasks performed, identifies opportunities to reduce non-billable hours, tracks project-level profitability, and significantly reduces labor costs through better visibility of where working hours are being spent.
Labor tracking software improves project profitability by providing detailed insights into where time is being spent. It allows managers to compare estimated versus actual labor costs, identify inefficient processes, reduce non-billable hours, and make data-driven decisions. This visibility helps organizations quickly address unprofitable projects and optimize resource allocation for maximum ROI.
Yes, modern labor tracking software can integrate with other business systems such as payroll, HR management, and project management tools. Synerion's solution automatically consolidates task and project costs with attendance reports for comprehensive cost tracking. This integration eliminates duplicate data entry, reduces errors, and provides a more complete picture of organizational performance.
Labor tracking software reports provide comprehensive insights including project costs, employee productivity, billable versus non-billable hours, and profitability metrics. These reports allow businesses to identify cost overruns, optimize resource allocation, track different pay rates by task, and analyze trends over time. This data empowers companies to make strategic decisions that reduce labor costs and improve profitability.