This figure alone is astonishing, especially to the employers. Introduction To Time Tracking SoftwareĪre you aware that around 0.33% of employees waste up to 2 hours per day at the workplace? On average, this equates to 10 hours a week. Simply put, it is a tool that will undoubtedly help save precious time and money. Generally, it is time management software that can help you become more efficient, organized, and have more tasks done. In other words, it is a tool used to show the time spent on given tasks, which helps automate the invoice or payrolls. Time tracking software is a computer tool that employers and managers use to record the work done by employees for payroll, billing, or operations.