Why Accurate and Reliable Time Reporting Is Crucial Today

Sept. 12, 2013 - PRLog -- Why Accurate and Reliable Time Reporting Is Crucial Today
Gone are the days when finance staff could take their sweet time in gathering data, analyzing, and preparing a financial report package for the company’s top executives. This was tolerable then as it really took time to come up with accurate figures; and everybody else, even the competition, was on the same slow pace.  But according to software company, TimeSheet Reporter that makes time reporting software, times have definitely changed.

“With the fierce jockeying for market position in today’s very competitive business environment, the need to be competitive, strong and efficient has never been more important for an organization to survive and flourish,” says TimeSheet Reporter CEO Thomas Testmann, and continues “Decision makers today need quick and timely information to properly steer the business in the right direction, and properly allocate time and resources. Management needs to know exactly how the company’s operations are doing, and what the demands are.”

The Problem
According to TimeSheet Reporter, business executives must base their decisions on accurate, comprehensive, and timely information, and not on intuition. However, this is easier said than done. There are factors that keep management from obtaining the data it needs for informed and sound decision-making. This includes incomplete data gathered, which is therefore unreliable. Also, if information is not provided in a timely manner, it is really useless to base business decisions on.

The Solution
Fortunately, according to TimeSheet Reporter, the ideal situation is one where both management and staff will spend less time collecting information and focus more on using the information to benefit the company.

With the advent of technology, time reporting tools have become available including comprehensive and accurate time reporting systems that are capable of covering all facets of the company’s operations.

CEO of TimeSheet Reporter, Thomas Testmann, says:

“To ensure productivity and efficiency, the time reporting system must be accurate and easy-to-use for both the staff and management team. This is what our chore focus has been all the time with TimeSheet Reporter.”

TimeSheet Reporter makes it possible to report time via your Microsoft Outlook calendar, and it’s also possible to share data with other systems, such as ERP, CRM, and for example Microsoft Excel.

“Accurate and reliable time reporting is more important now than ever, considering the economic landscape at the moment,” says Thomas Testmann. “This is why we’ve made TimeSheet Reporter an accurate and at the same time userfriendly solution that benefits both the company’s staff as well as bottom line.”

About TimeSheet Reporter and more information
TimeSheet Reporter is a software company that provides a solution, which makes it possible to report time via your Microsoft Outlook calendar, and also share data with your other systems.
For more information, please visit www.timesheetreporter.com.

   For Danish website: www.timesheetreporter.com/dk
For German website: www.timesheetreporter.com/de