It doesn't require you to undertake additional training for your employees, and advanced users can squeeze the program for every ounce of its worth-provided they know how. For many businesses, Excel is "free," as it comes default with Microsoft Office packages. Still, Excel does have its appeal for some businesses, particularly if you're only using it for small projects and need a solution that doesn't require much in the way of additional software. As your organization grows, it will become more and more difficult to manage the size of the database. There are few privacy controls in Excel (meaning sensitive data is particularly vulnerable to mismanagement), and, on top of that, Excel isn't easily scalable. sales figures and design a layout for the printed sheet as you did for the Sales Report workbook. They might have to start from scratch, or spend hours trying to discern what's going on. SAM Projects for this tutorial can be found online. The formulas and unique codes that the original creators of your timesheet were accustomed to using might be indecipherable to the new manager you've put in charge of keeping time. ![]() Things become more confusing when you bring new team members aboard. The process is slow and plodding, sucking away time you could have used to be productive trying to fill out timesheets one painful cell at a time. This makes it difficult to keep an Excel timesheet up-to-date, and these woes are compounded by the fact that, if your team is using the same sheet to log all their data, only one person can work on it at a time. You can't do any automatic approvals, you have few analytical features, and your data is never going to be in real-time. You'll have to enter all your information manually-increasing the likelihood of errors, and requiring you to remind employees to fill out their sheets every day. As many other businesses that have made the change will tell you, though, Excel isn't exactly all it's cracked up to be when you're trying to devise an efficient system for keeping time.įirst, consider this: Excel is extremely limited in what it can do. You might even employ them in your own day-to-day dealings. Traditionally, Excel spreadsheets have been the go-to option that many businesses prefer for time tracking, either because they think it's a cheap and easy solution, or simply because its what they're accustomed to using. New routines required, but great user-friendliness in time tracking systemsĬontrary to Excel, all systems are designed for you to fill out a timesheet.If there's one thing that holds true for almost all businesses, it's the fact that they need a way to track how much time their employees are spending on work. ![]() This procedure with opening sheets and tabs take place over 3-4 rounds until everything is filled out. ![]() Especially the bookkeeper is entrusted with the responsibility that all employees enter their hours in the Excel sheets.īecause Excel cannot give an automatic notification when a timesheet is completed, the bookkeeper has to open them all to control if they are completed and remind employees manually. The bookkeeper is charged with heavy administrationįinally, Excel has the con that you as a user needs to manually manage the timesheets. This is why many companies experience an increase in the invoicing percentage, when they move away from this practice. It affects precision and the employees on average track less hours and minutes than they have actually worked. Experience shows that most people track their time in the end of the day, when they track time in Excel.
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