Time registration
Time registration touches on some of the most important areas of your business. Here are seven ways that tracking your hours can be good for business:
Billing your clients
It is important to track your time if you want to bill your clients by the hour. How else do you know how much to charge them?
You don’t want to underestimate the time needed for a project because then you will sell yourself short. Overcharging is another risk if you don’t use time registration. This could damage the relationship with your customers.
Keeping projects profitable
Even if you don’t bill hourly, time tracking is still important. No matter how you see it, you’re always selling blocks of time for a price.
So every task is composed of a number of hours and every hour represents a cost. In order to keep your company profitable, you have to make sure that the price of completing a project is lower than the price you charge the costumer.
Without time registration, many businesses don’t realize that some of their projects aren’t profitable. With these systems you can follow up the projects and see if they are on track. If not, you can intervene and adjust some things.
Looking for a partner in the region of Limburg for the implementation of a time registration system? Traxgo is active throughout Flanders and can certainly help you.
Region Limburg?
Contact us on the following number:
011 36 09 78
