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Employees and their skills are chief assets for many small to mid-sized enterprises (SMEs) in North America. However, these firms often lack the means to collect quantitative data that should ideally be used to fuel business decisions. Time-tracking software effectively fills this need.
The following issues are discussed in this note:
- The drivers behind time-tracking: economic changes and management insight.
- The use of long-term trending data to better inform enterprise-wide resource planning.
- Change management: combating employee dissent by demonstrating the value of time-tracking as a tool that enhances professional development.
Trending data can help enterprise leaders better track, understand, and manage their people. This, in turn, helps them make better business decisions that make the firm more cost-effective.