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Managing your resources in this era of uncertainty – the key to keeping your business afloat & steady

Today, mankind is facing one of its most tolling crises in history. The whole world has come to a standstill, with lockdown prevalent over the globe to prevent transmission of the COVID-19 virus. Economic activities have not been immune from this misfortune either. There have been large-scale layoffs across the economic sector along with stock markets crashing globally. Keeping your business up & rolling would be a colossal challenge in itself – but, if it’s done right with some tweaking and adapting, this crisis can be turned into an opportunity for your business to not just survive, but progress.

https://twitter.com/netsolutions/status/1257656290312060930

For this, strategic management of the resources you have at your disposal can prove to be the game-changer. Consumerism is going to undergo a massive upheaval with more and more businesses adapting to the digitalized model, to keep their customer outreach steady among the social distancing scenario. The poster child of this paradigm shift is none other than ZOOM, which has strategically focussed its resources on the video meeting aspect of its application and has reaped abundant benefits from this investment

But connecting with your associates is just one aspect of this strategic resource management, but there would still be many loose ends like staying updated on your expenditures, work hours, invoices, reports etcetera.

Emerges, xTimesheet, combining all these features into a single platform!

xTimesheet has a vast array of timesheet features including

1. Modern Time Tracking and HR Tools to Boost & Guard Your Business

2. Employees worked Hours/Expense tracking

3. Complete Automation to increase overall productivity.

4. The project worked hours statistics

5. Quick approval of employee hours

6. Invoice, Reports & Dashboards to facilitate easy monitoring.

7. Significant Reduction in administrative costs

8. Increased employee productivity

9. Different roles provided to the employees based on the role view of app changes.

With these features encompassed into a single mobile-based application, managing your business resourcefully from the safety of your home has never been easier!

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SIZE DOESN’T MATTER- Play it Smart and Beat the Competition

It has been a common saying “Go big or go home”, especially among the business circles. Bigger has always been better, right?

Consider the case of PanAm. At its prime, PanAm was the largest airline, not just in the US, but in the entire world. Yet nothing could save it from bankruptcy in the late 20th century. With more than 22300 employees & numerous air routes spread out around the globe, mismanagement and unpreparedness led to its downfall.

Of course, Pan Am is just one of the examples where size couldn’t save these corporations from going into a rut. This just goes on to show how size doesn’t necessarily equate with productivity & efficiency. Productivity requires discipline, critical thinking, tracking & self-evaluation.

Quality always trumps quantity in this new era of business.

A well-managed team with appropriate tracking, consistency & accountability can do wonders for any business. There can be many parameters on which a company needs to be continuously tracked including timely project progress, expenditures, target vs achieved, work hours, and other KPIs. To solve this problem, we have come with a solution-xTimesheet.

xTimesheet is a mobile-based application that can help you track your expenses, project progress, approve employees’ work hours, invoice/report dashboard, and much more, all on a single platform. Appropriate monitoring of these indicators can help you scale your business to new heights, with no regard for how large your team is. Apart from these features, xTimesheet can help you create a community of up to 5 members, absolutely FREE!

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Deadline scare? Is this because of procrastination or bad time management? Here are some pro tips.

Deadlines have come, time is less and work is more. Boss in on the head asking for his work to get completed on time. You are still browsing and surfing on social media. You are feeling lazy and don’t want to work for now. But, you are left with a few hours to submit your assignment. Why is all this happening? Are you getting less than 24 hours a day?

The answer is surely a NO! You are lacking behind with time management skills.

Here are some pro tips and strategies that will definitely help you to save some good time and also to make productive use of it. Being efficient and also effective at the same time nowadays has become very important. Do you know why?

Here is the answer, a man who manages his time effectively and efficiently produces the best. God has given everyone, the same amount of time. Now, it depends on us how we utilize it or let it go in vain.

Power up your work day, manage your time, and relax sums up to smart work.

Just keep in mind, the 4 Ds of negligence in time management.

1.    Delete:  Delete all the unnecessary moves and steps that are creating hindrances in between. Ignore all the unnecessary calls, save it for later. Wake up early and sleep accordingly so that you can feel fresh and energetic.

2.    Delegate: Delegate the tasks which you think someone else can also do at the same pace and efficiency. Delegating means handing over the tasks to someone else.

3.    Defer:  Defer can be defined as the tasks, which are not needed to be completed urgently, you can save it for later. Prioritize or schedule your time table accordingly so that you can come to know which task is more important and which tasks are not.

4. Do: Do is a job that only takes a few minutes to get completed. These are the jobs which do not take much time to complete, it is a kind of touch up or small responsibilities. But never let all these small tasks pile up because piling these can be a great task to complete leading to procrastination.

Use of Time management software to better manage projects.

The best time tracking web app, in my opinion, is xTimesheet, this a product of XRM Labs. xTimesheet is a web-app loaded with a lot of features for personal and industrial use.

xTimesheet has a very analytical dashboard to keep you updated on hours worked, time entries, projects active, reports, etc.
There are also other features like invoicing, reports creation with drill-down feature, approval and rejection system of time entry, and easy to use powerful UI for seamless onboarding.

You can try the software or get a demo here xTimesheet .

Honestly saying, this has personally helped me a lot in making optimum utilization of time. May the time be with you!

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How to create Expense and get them approve? Streamline expenses and its approvals.

As we talk about the current time still most of the companies relied on pen and paper to manage their timesheets. As few small businesses still rely on this obsolete method. The issue with paper timesheets can easily be interfered with, which can cost organization a large amount of money and loss of wasted admin hours. Employee expense handling is still one of the most common frustrations for both employees and managers.

With using xTimesheet expense and its approval made simple. xTimesheet diligently combines the time entry and expense entry all together in a project.

Easy Expense for Everyone

xTimesheet takes an advanced approach to expense module, with this employee can get expenses into the system quicker and more easily than with any other software in market. And as it’s completely web-based application, there’s no more waiting to get back to the office – expenses can be entered from anywhere like home or from the road while you are heading back to home. You can even track expenses through your xTimesheet mobile app.

Step 1: Add Expense

Following would be the steps to add expense to any project. To do so go to the Expense menu.

Any expense which is occurred during execution of any work related to the selected project can be added here and later on Invoicing it can be clubbed with other cost of this project.

Expense approval also has following views for the approval manager for the easiness. Selected view will display all the record which falls under the selected category.

Click on the new button to add new expense. A new form will open, user will need to enter the details and click the save button. 

Quick and Easy Expense Approvals

Approving expense through xTimesheet is fast. it’s as easy as clicking just an approved button against any expense record. Once approved, expenses automatically appear on selected project for payment, invoicing, or accounting. Administrator can assign the approval manager role to any of his company user who has a login credential in this xTimesheet.

Step 2: Expense Approval

Approval manager can approve or reject any expense record for any project from here. There are three actions that can be taken from here which are available in last column- first is view receipt, second is approve button and third is reject.

START TRACKING YOUR EXPENSE NOW!

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Is the Coronavirus scare crumpling your company’s work schedule? Here are few measures to fight it.

Coronaviruses are a family of viruses with novel characteristics that are common in people and many different species of animals. After a while, a growing number of patients mentioned they did not have exposure to the epicenter, referring to person-to-person spread. This fear of person to person spread encouraged WHO( World Health Organization) to advertise social distancing and other preventive measures, therefore corporate offices all around the world had to revert to work from home. 

Work and productivity on a toss?

Due to the virus being on a spread and demises increasing, companies must look-out for tangible working processes to protect their resources while implementing their daily business agenda. However, remote working is a challenge. There are a lot of issues like communication, motivation, productivity, etc. Managers can also find themselves not prepared to manage workers remotely. These problems can cause low efficiency and unimpressive output.

Businesses must look for ways to support their employees to overcome these difficulties. Companies can make use of digital solutions to help them perform tasks and keep everyone informed about projects and deadlines.

Online productivity-insuring suites such as G Suite and Office 365 are effective tools for the editing of important documents. Project management resources such as Trello and xTimesheet can keep everyone in the loop. Many businesses may use Zoom or ClickMeeting to hold online or virtual space meetings. Calendar and screen sharing features are great add-ons. Time tracking tools such as xTimesheet are great for tracking work hours and time spent on tasks.

Some resources to load your firm to enable work from home are-

  1. Gsuites & Office 365-  This amazing software is a solution to all virtual meetings via its Hangout feature. It also has options to save the meetings on google drive. Recently Google has started launching this for free, so it is up for grabs.
  2. Trello-  Trello is a project management software, mainly serves as a resource to upper management and task assigner to employees. View tasks, build workflow, project management, etc are major features.
  3. Zoom-  Zoom is also a video conferencing software that also previously had an attention tacker. Many did not like it. Even though this software helps a lot of companies by seamless video conferencing.
  4. xTimesheet by XRM Labs- This Online Entry, Time Approval, Expense Approval, invoices approval time management software. It is ideal for medium to small-sized companies that need to capture detailed information on project management time tracking. It also helps to know who spends how much time and on which projects. Our online time entry software- xTimesheet provides you with all the necessary tools for scaling up your desired business goal by tracking effectively and efficiently the employee worked hours. Online xTimesheet is the future for many evolving organizations at the managerial level. 

xTimesheet is beneficial for both management and employees as higher management can keep an close eye on their employee’s worked hours and their performance in terms of actual working hours and exceed worked hours and management can differentiate within their employees how efficient there are when it comes to close a task in given time period and how they can be a great asset to the organization.

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MASTER YOUR TIME, CONQUER THE DEADLINE!

Peeps, do you ever feel like the world has given us so much less time in a day? 

We often feel that if we could get at least 30 hours or more than that, then we could actually conquer the deadline! There is less time for our family and hobbies! All this is due to procrastination which is a direct result of inefficient time management.

You are lacking behind with your time management. Many of us do not actually make a schedule and follow that. We do whatever comes to our mind and mostly waste our time in thinking and being lazy. But have you ever imagined that if we manage our time effectively, we can store much time in order to fulfill our personal needs?

POWER UP YOUR WORKDAY.

LIFT YOURSELF UP.

BUCK UP WITH YOUR SPEED,

DONE!

What is time management?

The processes of scheduling and managing our limited time in such a manner, that we can make optimum use of it are time management. As time is also a resource, and thus it is very beneficial for us to use it in the right manner. Tools and skills for time management.

Time management includes the following:

  • Setting up targets and priorities: It is very crucial for us to know what things are important and whatnot. This easy step will help us to know our priorities.
  •  Enlisting the various priorities as per their order and needs:  Know which work is more important and list it as per your requirement.
  •  Delegating required time to them: give the required time to your task as per your priority.
  • Organize yourself: organize yourself and all the necessary resources required.
  • Do multitasking if you are able to do so: this will help you to make optimum utilization of the time.
  • Eliminating overlapping of resources and interruptions: it is very important to eliminate distractions and interruptions, save your calls for later.
  • Implementation of goals and review them.

Time Management Software: xTimesheet

Tools like xTimesheet which has excellent project management and time tracking attributes can help you through this endeavor

xTimesheet an Online time entry tool. Anyone with minimum computer knowledge can use effortlessly to fill his daily work hours. Users just need to select the project from the dropdown and a task related to the selected project and enter work details and time against it. It’s as simple as it looks.

The Online Entry, Time Approval, Expense Approval, invoices approval comes in the forte of xTimesheet.

xTimesheet time management software is ideal for medium to small-sized companies, as it captures information on project management time tracking.

Use your time wisely to excel at your job.

 “May the time be with you”.

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Why Online Timesheet is required

As it is known by all of us that any type of timesheet which stores record of the employee’s in an organization known as time entry. An Online Timesheet application stores a time entry with the time duration spent by any employee at work for a particular client.

Online Timesheet gives you more important automated report analysis so that your company can increase its profit margin according to stats provided by the online timesheet.

If your company is working with multiple clients on a project or need to spread out work by the hours and so on, then xTimesheet is very efficient and productive for you because it is built to do this only along with tracking hours.

Efficiency and effectiveness are a must when we are working in a competitive era. Our online xTimesheet provides you with all the necessary tools for scaling up your desired business goal by tracking effectively and efficiently the employee worked hours. Online xTimesheet is the future for many evolving organizations at the managerial level.

Why xTimesheet?

Today on the web there is a number of online timesheet applications are available what makes our xTimesheet stand out from others is its simplicity our Online xTimesheet is too user-friendly as it does not require any kind of technical knowledge to use it. Since we have kept it easy to use, the organization does not require any technical staff or dedicated users to use our product.

Leaving those orthodox corporate offices, Online xTimesheet for management is of great importance for the companies which charge their clients on an hourly basis generally hourly basis like I.T software development companies, law firms, accountancy firms, etc. they can use our xTimesheet to keep the record of time worked for its clients and generate the invoice accordingly.

xTimesheet allows professional delivery of services to your clients and peace of mind for you. its advanced tools help you focus more on your business and less on it.

xTimesheet is everything that you would need to manage your employee timesheets. With a quick setup process of users, clients, projects, and tasks, xTimesheet provides an easy to understand user interface along with an easy learning curve for the users.

Our xTimesheet is beneficial for both management and employees as higher management can keep a close eye on their employee’s worked hours and their performance in terms of actual working hours and exceed worked hours and management can differentiate within their employees how efficient there are when it comes to close a task in give time period and how they can be a great asset to the organization.

The interface of our xTimesheet online application is kept very simple and nice so that any user from any background can easily use it and can automatically enhance his/her understanding of this online application.

Track Effective Work Hours, the easy way!

Why any small to medium-sized companies should use xTimesheet?

There is the countless reason but few handfuls of them are stated below.

  • One platform to keep all database of employees.
  • It is a web-based application, it can be accessed from anywhere.
  • Reduces overall company expenditure cost as it is an online application.
  • Additional features like the email function, the approving feature of the time entry, invoice, and expense by the approval manager make this software more consistent.
  • Modern Time Tracking and HR Tools to Boost & Guard Your Business
  • Track employee worked Hours/Expense
  • Complete Automation
  • The project worked hours Statistic
  • Quickly approve/un-approve employee hours
  • Invoice/Reports/Dashboards
  • Reduce administrative costs
  • Increase employee productivity
  • Different roles provided to the employees based on the role view of app changes.
  • The track worked hours anywhere, anytime!
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Working from home! Is this the new industry trend?

Staying at home and waking up late, sounds so tempting!  No!

But what if u could really stay at your comfy places and manage your time effectively? 

Many people believe that working from home is a great job rather than staying in the office for so long and being supervised. As micromanagement is disappearing from the industry and Coronavirus is gaining more and more momentum as the world plunges deep into the pandemic, work from home can be a savior for many firms and economies!

When you work from your home, a Monday looks much like Saturday, when you work whenever you want and wherever you feel like, there is no office table, no office dress code, no boss and no colleagues, the only thing you are left with is you and a comfy place.

Here are few pointers to get you through-:

There are some following tips for you, that how you can actually work from home only,  effectively as well as efficiently:

1. Start your day with a good note: Wake up, do exercise,  take a shower, eat a good breakfast.

2. Dress properly, in which you can create your mood to work: you can choose your attire according to your work.

3. Make a time table, do not overlap your project:  It is very important to create working patterns. With the help of a proper schedule,  you can manage your time effectively. Work as per your time table, do not skip anything.

4. Find your space, a good area with nice weather along with a cup of coffee will definitely work.

5. Attend your calls, when you complete your work: Eliminating distractions is very important. This will help you to focus on your work only rather than thinking of other work and disturbing yourself.

6. Choose a time, when you are most productive: Every person has their own time when they feel they can produce the most.

7. Set your targets: what you want to achieve, what steps you need to achieve your target, and how you can do that.

8. Take breaks accordingly: It is very important to take breaks, as a fatigue study says, a person cannot work continuously, a human body is not a machine and thus wants rest in order to be more productive.

9. Self-disciplined: If you are disciplined then only you can stay focussed because you are not being supervised at your home, no one will be there to poke you in between.

The main thing is to find your motivation, which can motivate you to do your best.

Moreover, these software can make your work easy and fun.

1. Team collaboration software: This software can help you to communicate with your team in a reliable and efficient manner. You can share your documents, emails, pictures,  status updates through it.

2. Video conferencing software: This software is very important to get connected to your team, clients and everyone you feel is important. You can see them, listen, and act accordingly in real-time.  This is the basic software for the remote workers through which they share their screen.

3.Time tracking software: One of the challenges with remote workers is that their superior always want to know that the workers are really working or not. Are they using their time for productivity or not?

In this case, time tracking software help the most, this software helps to measure employee’s productivity. xTimesheet is an Online Entry timesheet and Time Approval system which is very powerful, yet easy to use with functions like weekly timesheet time entry, time approval, invoicing, invoices approval, and expense along with its approval. xTimesheet is offered as an online subscription service, which means you can be up in just 5 mins registering yourself and in another 5 mins creating your project and users and start immediately, with no investment in hardware, software.