Top 54 Time Tracking Software (Jun 2024)

Time Tracking Buyer's Guide

Overview

Time tracking software is a tool used by businesses to monitor and record the amount of time spent on various tasks and projects by employees. This software helps businesses improve productivity, track billable hours, and analyze how time is being spent within the organization.

Main Features

Key features of time tracking software include timesheet management, automated time tracking, project tracking, invoicing, reporting, task management, and integration with other tools such as project management software and accounting software.

Main Business Processes the Software Apps Can Help With

Time tracking software can assist businesses in streamlining their time tracking processes, improving project management efficiency, monitoring employee productivity, accurately billing clients, analyzing project profitability, and optimizing resource allocation.

Steps on How to Buy This Software

1. Identify your business needs and goals for implementing time tracking software. 2. Research different time tracking software options available in the market. 3. Request demos and trials from potential vendors to test the software. 4. Consider factors such as pricing, scalability, features, integrations, and customer support. 5. Consult with key stakeholders and make a decision based on your evaluation.

Things to Consider

When buying time tracking software, consider the scalability of the software, ease of use, mobile access, reporting capabilities, integration with other tools, compliance with regulations, customer support, and pricing structure (e.g., subscription-based or one-time purchase).

Popular Vendors and Market Share

Some of the most popular time tracking software vendors in the market include:

• 1. TSheets by QuickBooks
• 2. Harvest
• 3. Toggl
• 4. TimeCamp
• 5. Clockify

As of the latest data, TSheets by QuickBooks holds a significant market share in the time tracking software category.

Trends and Future of This Category

The time tracking software category is expected to witness continued growth as more businesses recognize the importance of efficient time management. Trends in the industry include increased automation, AI-driven insights, mobile time tracking, and enhanced integrations with other business tools.

10 Questions to Ask Software Vendors During a Demo

1. 1. How does your software track time - manually or automatically?
2. 2. Can the software integrate with our existing project management tools?
3. 3. What kind of reporting and analytics features does the software offer?
4. 4. How does the software handle different billing rates for projects?
5. 5. Is the software compliant with relevant data protection regulations?
6. 6. What level of customer support do you provide?
7. 7. Can the software accommodate our companys scalability needs?
8. 8. Does the software offer mobile time tracking capabilities?
9. 9. What are the pricing options available for the software?
10. 10. How frequently is the software updated with new features and improvements?

Head to head Time Tracking software leaders comparisons:

List of Time Tracking Software:

Project Management Software Price Range

Project management products pricing are divided into three tiers. The prices range between $0 to $7, $7 to $10, and $10 upwards. In addition to this, the prices are set on a "per user, per month" basis or a bulk "per month" basis. However, it is worth noting that these price ranges are mostly for the lower offering found on each vendor website.

Enterprise plans on project management software have more robust features; thus, they cost more but are adjusted to suit each organization based on their number of employees; as a result, their prices are mostly made available upon request. For instance, Asana basic plan costs ₦11, Miro costs $10, and Toggl pricing falls around $8— all per user per month; but their prices for their enterprise plan quotes are not made available.

In addition, project management prices are set based on the size of an organization. Their ranges are as follows:

• Small Businesses can expect to pay around $5 per user for the basic plan of a project management software. However, small businesses with a very tiny workforce can get many project management products for free because they have free versions that allow between 2-5 employee sizes. Examples of these vendors offering free versions for a small employee size are Candy, Lumeer, and Quire. Some premium project management for small businesses are MetaTask, which starts at $6 per month, FreedCamp pricing starts at $1.50 per month, and Tracked for BaseCamp cost around $3 per month.
• Medium Businesses can expect to pay between $5 to $25 for project management software, depending on the package type and their number of employees. Todo.Vu costs around $9 per user, per month, Studio Organizer pricing starts at $19.50, and Lumeer costs around $8.
• Large Businesses can expect to pay less than medium-sized businesses for standard project management packages because their workforce is larger. However, prices for enterprise plans cost more. For example, Agile CRM costs around $80 per month, JotForm pricing is around $100 per month, and Kanbanchi $40 per month.

The price ranges for project management best of breeds are as follows:

• Collaboration Software Most of the collaboration tools in the market are priced per month and per user, and their pricings are usually divided into three tiers, which range from $0 to $4, $4 to $16, and $16 upward, respectively. However, these are the entry-level plans; premium and enterprise plans cost more depending on the vendors. An example is Pobuca Connect, which costs $2 monthly per user for its standard plan and $8 monthly per user for its enterprise plan. Others are Loop email, which costs at $8 monthly per user; HeySpace pricing starts at $4 monthly per user.
• Time Tracking Software Vendors of most time tracking software charge on a per user, per month basis, and the prices are divided into three tiers; they range from $0 to $3, $3 to $9, and $9 and above. Note that these are prices for the entry-level plans. For instance, Time Doctor pricing starts from $5 per month, TimeCamp pricing from around $6 per month, and Elorus costs up to $9 per month.
• Workflow Management Software Like other products related to project management, workflow management software are usually priced on a per-user, per-month basis, and the prices range from $0 to $13 and above. For example, Forms on Fire pricing starts from $20 monthly per user, Formstacks Form starts from $19 monthly, and KissFlow Digital Workplace from $360 per month for 30 users.
• Time & Expense Software Time and expense products in the market have pricings that range from $2 and $11 upwards, depending on the type of plan and number of users. Examples are EverHour, which starts from $5 monthly per user, Microsoft Dynamics GP costs for less than $1, and WorkTime Professional pricing starts from around $12 per month.
• Professional Services Automation Software Users can expect to be charged per month for most products in this category. The prices can be divided into three sections, and they range from $3 to $50 and above. For example, TigerPaw Software pricing is priced around $80 per user, per month, Business VoiceEdge costs around $30 per month, and Coaches Console pricing is around $150 per month.