One of the most challenging aspects small businesses can face is reporting employee time properly. Unfortunately, this aspect of running a business can be a massive issue, especially if your company works on government contracts. However, with diligent time tracking, you can enjoy a smooth operation and save thousands of dollars each year.
So, whether the business is a food truck with only 1-2 workers or a large aerospace company like Lockheed, where thousands of employees work on defense contracts, timesheets are needed for critical tasks like creating and maintaining payroll records and client billing. Moreover, the completed templates are also useful for assessing the productivity levels within an organization.