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In the professional landscape, deals can happen anywhere, and at any time. Hands are shaken, contracts are drawn up, and signatures can be requested at every turn.

This statistic shows that as of April 2020, 39% of workers preferred to work from the office while 40% preferred to work remotely.

Tracking time and efficiently utilizing it is cardinal for businesses of all sizes to emerge successfully. Though your business, at its nascent stages, may find manual time tracking easy to handle, it may become tedious as your business grows.

When you deliver your products/services on time, you earn the trust of your clients, spread the positive word about your business, attract prospects, and finally experience a higher revenue inflow.

The global time tracking software market was valued at USD 425.32 billion in 2019. It is expected to reach USD 1785.36 billion by 2026. This period projects a CAGR of 22.36%.

It’s no secret that the COVID-19 pandemic has shifted and, in some cases, disrupted the typical “office” environment. Remote has become the new normal, and many businesses.

Tracking, measuring, and accounting for an employee’s time spent on the clock is an essential part of business management.

Late login to work or extended breaks all contribute to losses in productivity. The valuable productive hours taken away from the company by employees intentionally or unintentionally are considered time theft.