Best Time Tracking Solutions December 2020
It seems like a crowded space, but we like 3 of the main time tracking software in the market and call out their strengths and weaknesses below.
Forget excel spreadsheets, the disruptors are all in one HR solutions; websites where you can easily collect & verify timesheets, calculate wages, process payroll with one click and see who’s on the tools (or most importantly off the tools). The software either does it all for you, or integrates with third party HR applications and allow labor demand forecasting, scheduling, reporting on and attendance tracking.
But they are very different in their approach and pricing also differs.
The top options are: TSheets(only time tracking system embedded inside QuickBooks), Monday (starts at $8/month, 100,000 companies use Monday), Paylocity (serves small to large businesses, all-in-one flexible solution).
Let’s take each in turn:
Who are the Competition?
TSheets
Monday
Paylocity
TSheets
Easy time tracking with over 20,000 five-star reviews. Easily track time on any device to streamline payroll, send accurate invoices, and save thousands each year.
No more illegible or lost paper time cards, or payroll spreadsheets; TSheets is sweeping business owners and bookkeepers everywhere off their feet with fast, easy, and mobile time tracking for payroll.
With employee hours tracked in real time, employee timesheets are ready for payroll whenever you are. It’s delightfully easy time tracking for delightfully fast payroll.
Monday
Highly effective teams choose monday.com Work OS for better collaboration, organization, and efficiency in all their work.
Over 100,000 teams get work done with monday.com.
Monday connects your team so you can continue to collaborate, manage and track work in one easy-to-use platform, wherever you are. It is is so visual, easy, and intuitive, you don’t need training. Create your ideal workflow in minutes or choose from 200+ ready-made templates based on how real teams use monday.com. The easy-to-use, visual interface lets any team member jump in and get started, no training required. And teams love it: more than 7,000 people ranked monday.com 4.6/5 or above on review sites, including G2, Capterra, Trustpilot, TrustRadius, and GetApp.
Paylocity
At Paylocity, caring is in their makeup. It’s who they are. They’re more than a cutting-edge HR and payroll tech company with crazy good reviews (just sayin’). Because people matter most. And people have always been at the heart of their business.
Since their founding in 1997, this is the thing that’s stayed the same, from their employees to the millions of users nationwide that access their platform every month. They pride themselves on partnering with their clients to build the workplace you and your employees crave.
For professionals who crave true partnership, Paylocity is the HR and payroll provider that frees you from the tasks of today, so together, they can spend more time focused on the promise of tomorrow.
Time Tracking Software
1. TSheets
TSheets (Premium plan starts at $8 per user per month, over 20,000 five-star reviews)
TSheets is an employee time tracking and scheduling solution that saves business owners time and money. Get rid of that old punch clock or spreadsheet and simplify payroll, invoicing, and job costing. Whether they’re in the office or on the road, your employees can track time from any location—using a smartphone, tablet, desktop or laptop—in real time.
Plus, TSheets is the only time tracking system embedded inside QuickBooks. You can review and approve employee time cards to run payroll, do job costing, or create invoices—without ever leaving QuickBooks! Accurate time for client invoicing and painless payroll With accurate employee hours from TSheets, you’re always ready to run payroll—no need to enter time data manually!
Experience the most loved customer support team on the planet (that’s their goal!). Passionate about the success of their customers (one of their company core values), their team looks forward to making every minute count and every interaction you have with TSheets, a great one. Weekly webinars provide a personalized tour of TSheets, including tips and tricks on how to customize TSheets for your business, in addition to integrating and using TSheets with your accounting software.
2. Monday
Monday (Basic Plan starts at $8/month, over 100,000 teams use it, 4.6 out of 5 star rating)
Monday is a cloud-based Work OS, where teams create workflow apps in minutes to run their processes, projects, and everyday work. Teams shape their workflows and projects, code-free, with a platform that adapts to shifting needs quickly, liberates teams from manual grunt work, and connects teams in a collaborative work space.
The platform’s features include: customizable workflow templates to manage anything your way, time tracking to meet important deadlines, automations to eliminate manual work, dashboards to gain valuable insights and know where things stand at a glance, and integrations with popular tools and apps to streamline processes.
Monday helps you bring your teams together under one secure, supported, and centralized work management platform.
3. Paylocity
Paylocity (Time-saving payroll features, integrate with other software and 4.5 out of 5 star rating)
Paylocity’s all-in-one software platform gives HR pros a way to easily manage daily tasks in payroll, benefits, talent, and workforce management. Paylocity provides cloud-based payroll services and HR software for small businesses in a range of industries. In addition to Web Pay, which is their main payroll product, Paylocity also offers tax filing services, benefits administration, time and labor tracking, and talent management.
Paylocity work with you to identify the best solutions that will benefit your business today, while paving the way to a better tomorrow. Paylocity is the HR & Payroll company that frees you from the tasks of today, so together, you can spend more time focused on the promise of tomorrow.
Paylocity’s All-in-one solution is tailored just for you. Their flexible solutions help you tackle your biggest HR and payroll challenges today and evolve with you so you can focus on tomorrow. A unified product suite backed by innovation, HR expertise, and best-in-class service.
The biggest drawback to Paylocity is their pricing isn’t transparent.
Our Conclusion
They all have pros and cons. TSheets has superb customer service, Monday has the most popular tools and apps to streamline processes and Paylocity has the best time-saving payroll features and you can connect payroll to other business functions.
All of them monetise users and payroll processing, and in that regard you could start at the beginning of the list and work down to see which one suits you best.