Time tracking in Excel has offered many advantages in the past, but is now no longer the recommended method. A cloud-based tool like TimeStatement offers a number of advantages over using Excel.
One of the most important advantages of TimeStatement is accessibility. With a cloud-based tool, employees can access their time tracking from anywhere and at any time. This is particularly useful for companies with employees who work from home or are frequently on the road.
Another advantage is the automation of processes. TimeStatement automates the capture, monitoring, and approval of working hours, saving time and resources. In contrast, Excel requires manual input and monitoring, which can lead to errors and delays.
Another important advantage of TimeStatement is the automated and secure data backup. This guarantees that employee working hours are always available and can be restored in the event of data loss. In contrast, data backup in Excel requires manual effort. Implementing a clever backup strategy is certainly not an easy task.
Data protection is also better guaranteed in TimeStatement. A cloud-based tool offers higher security against data loss or theft compared to Excel, as the data is stored on secure servers and regularly backed up. In Excel, companies have to take care of the security of their data themselves, which is often difficult, especially for companies with multiple locations or employees who work from home.
In conclusion, TimeStatement offers a safer and more reliable method of time tracking compared to Excel, with accessibility, automation, and advanced features that save companies time and resources and give them a better overview of their working hours.
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