Benefits of timesheets for UK businesses

From improving the time management of your employees to enhancing the accuracy of your payroll records, timesheets are a beneficial resource you can utilise when looking for ways to simplify, streamline, and improve the daily tasks that come with running a small business in the UK.

Timesheet reporting and the recording of employee time with the use of an app, like Blip, is one of the best ways to introduce time tracking and timesheets into your modern business. for more on the benefits of timesheets and how apps can be used to elevate this process, continue reading.  

Accurate time keeping for you and your employees

For clearer records and streamlined operations, timesheets allow you to accurately manage time within your business. And as we have said many times before—"time is money.”.

Gaining insight into the working day of each individual staff member makes it easier for you, as a manager and a leader, to focus on how hours in a day are spent. To plan ahead and improve the value you get out of the time spent running your business. But there’s even more to it than this:

Error-free payroll

Aside from the obvious enhanced use of company time, timesheets can also be used to improve other areas of your business operations. For example, the accuracy of your payroll records.

With precise employee time data, you can ensure that your staff are paid for the exact hours they have worked, including any overtime pay.

With modern timesheet software, this data can be shared directly with your payroll team or provider (whether internal or external) for precise pay runs without errors.

Compliance with UK labour laws

And when it comes to the law, clear and up-to-date timesheet records will support you in staying compliant. The UK’s Working Time Regulations 1998 requires employers to accurately record employee working hours.

Better productivity

Timesheets can also be useful for when things don’t seem to be going to plan.

For example, if you spot inefficiencies within the use of your team’s time, you may be able to implement timesheets as a solution for understanding where time is being spent. If breaks are being extending by employees or you spot regular occurrences of time theft, you can address this issue swiftly to better improve productivity amongst your team.

Greater management of remote workers

When you have teams located both at home, in the office, and in remote locations, it can be difficult to keep on top of who is working, when they are working and how long they are working for. But with timesheets you can gain some clarity over the time your remote and hybrid teams spend working. Making it easier for you to manage them, no matter where they are based.

What is a timesheet app?

A timesheet app is a digital tool that allows businesses to track their staff’s working hours with ease. It allows employees to log their time quickly and easily and helps managers monitor workforce productivity in real time.

Typically, they can be accessed via both web browsers and mobile devices making it convenient for both office-based and remote employees.

Cost-saving advantages of a timesheet app

Timesheet apps can lead to significant savings in both the short and the long term.

Here are just a few of them:

• Reduced administrative costs: Eliminates the need for manual time-tracking, which frees up a significant number of in-house resources.

• Minimising payroll errors: Payroll miscalculations can result in costly disputes and timesheet apps can minimise potential errors.

• Accountability: Makes employees accountable and increases the chance of employees recording time accurately.

• Reduced training costs: User-friendly and easy to implement, helping you save on in-house training.

• Scalability: Designed to grow with your business. So, as you expand you can accommodate more users and more projects without a significant cost increase.

Impact on employee accountability and work transparency

The implementation of timesheet apps creates a workplace environment that is open, honest, and inclusive which has benefits for employees and employers alike.

Employees are responsible for logging their own hours, helping them hold themselves accountable and fostering a culture of responsibility and transparency. Features such as real-time tracking and monitoring mean that they have full visibility and can view their productivity and progress continuously.

The overall result for employers is reduced errors, enhanced productivity and a more engaged workforce, helping to keep your employee turnover rates down.

Discover Blip—an app for your time management needs

Timesheet apps can save you money regardless of the size of your company and are a wise investment for businesses looking to grow and future-proof their operations. By enhancing accuracy, the tools within a time clocking app help businesses optimise their operations and reduce unnecessary expenses.

The staff clocking in and out app by BrightHR is one of the simplest and most effective tools designed to bring countless cost and time-saving benefits for you and your employees. To learn more about how Blip can benefit you and your organisation, book a free product demo with our experts today.