Why DCAA Compliant Time Tracking Software For Contractors Is A Must-Have
Contractors who work for the government know how critical it is to manage time effectively. Without proper management of everyone’s hours, costs can balloon out of control quickly, hurting the chances of gaining additional contracts in the future. Although it’s absolutely essential to keep tabs on time spent, tracking hours by hand can be a laborious process in its own right.
Fortunately, Hour Timesheet offers a fast and easy solution in the form of our time tracking software for contractors. This DCAA-compliant platform is the most powerful tool found anywhere, streamlining the process and preventing human error. Read on to learn
Why Time Tracking Is So Important
Working for the government means you have a responsibility to taxpayers. Your business must report all work done on each project accurately and with complete transparency to ensure public funds are being spent as prudently as possible. Without clear and accurate reporting, there’s a real possibility that you could lose out on future contracts with the same agency because your company will be viewed as a risk.
On top of those concerns, you also want to make sure that any contract you accept will be worth your time and efforts. That’s really only possible if you have a complete and comprehensive understanding of how much time you’re actually spending on each assignment.
Using time tracking for contractors means you can see at a glance which jobs took up most of your resources and help you determine whether or not you have the bandwidth to take on more at the moment.
How Hour Timesheet’s Solutions Can Help You
Our contractor time tracking app is fully equipped with a wide range of features to help you bring your timekeeping under control. Perhaps most importantly, our platform is completely
DCAA compliant, meaning you will be prepared for any surprise audits from the government that come your way. Our software meets all the most stringent requirements for time and attendance accounting, ensuring you will be covered.
In addition to the robust time-tracking tools found within our solution, we also provide you with accurate job cost projections. All you need to do is enter the bill and pay rate details for each employee’s job code, and it will automatically generate reports that enable more precise estimates for clients. You also have the ability to manage employee leave more effectively and track employees’ locations in real time.
The compatible mobile app also gives your workers the flexibility to update their hours from their smart devices virtually anywhere they are.
Although the expectations are high for you as a government contractor, you don’t have to stress about your time tracking. Hour Timesheet provides you with a full-featured software solution that makes the entire process as simple for you as it can be. If you’d like to learn more about what we can do for you or are ready to get started with a free trial, reach out and get in touch with one of our representatives today.
