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4 Reasons why Freelancers & Small Business Need Time Tracking Tool

Freelancers and small businesses can benefit from using a time tracking tool to improve billing accuracy, enhance project management, increase visibility into time usage, and facilitate invoicing and record-keeping. It can help to ensure that clients are accurately billed for the time worked and help to avoid disputes over time. A time tracking tool can also help to improve project management by providing visibility into project progress and identifying any issues or bottlenecks.
01 Jan 2023
1min

Here are four reasons why freelancers and small businesses might benefit from using a time tracking tool:

  1. Improved billing accuracy: For freelancers and small businesses that bill clients based on the time spent on a project, a time tracking tool can help to ensure that clients are accurately billed for the time that was actually worked.
  2. Enhanced project management: A time tracking tool can help freelancers and small businesses to better understand how long tasks are taking and whether projects are on schedule. It can also help to identify any bottlenecks or issues that are impacting project progress.
  3. Greater visibility into time usage: By tracking how much time is being spent on different tasks and projects, freelancers and small business owners can get a better understanding of how their time is being used and identify areas where they could be more efficient.
  4. Better invoicing and record-keeping: A time tracking tool can help freelancers and small businesses to keep accurate records of their time worked, which can make invoicing clients and preparing tax documents easier. It can also help to avoid disputes over time worked.