Top Timesheet Providers
In the fast-paced world of accounting, efficiency is key. With a plethora of apps available, it can be challenging to determine which ones will truly streamline your client's workflow. We've done the legwork for you. Below, we've highlighted the top three timekeeping apps used by accountants in 2023: Hour Timesheet, QuickBooks, and Minute7.
Hour Timesheet
Features
- Time Tracking: Hour Timesheet allows for accurate time tracking, making it easier to account for every minute spent on client work
- Leave Management: This feature allows organizations to accurately track leave hours for themselves and their teams, ensuring transparency and accuracy.
- Compliance: Hour Timesheet ensures DCAA compliance, a crucial feature for accountants working with government contracts.
Referral Program
Hour Timesheet offers a robust referral program, which is a win-win for both the referrer and the referee. The referring user can earn up to 20% in commission for each successful referral, creating an excellent opportunity for additional income. This encouraging referral program not only fosters a sense of community but also extends the app's reach to potential users.
History/Background
Hour Timesheet was first launched in 2017, making it a stalwart in the time tracking app industry. Over the past decade, it has evolved significantly, consistently updating its features to accommodate the ever-changing needs of accountants and other professionals. Despite its age, Hour Timesheet remains on the cutting edge, offering innovative, intuitive, and reliable solutions for time management and reporting
Ease of Use
Hour Timesheet has been designed with user-friendliness at its core. Its intuitive interface ensures that you can easily navigate through its features, reducing the time spent onboarding and training. From the moment you log in, you can start tracking your time, generate reports, and monitor compliance without needing a deep understanding of technology. This ease of use does not only increase efficiency, but also reduces the likelihood of errors, making Hour Timesheet a practical tool for accountants of all skill levels.
Pricing/Subscription
Hour Timesheet provides simple pricing of $8 per user and comes with a 30-day free trial, enabling potential users to test the app's features before making a commitment.
Minute7
Features
- Time and Expense Tracking: Minute7 allows you to track both time and expenses, simplifying your billing process.
- Integration: It seamlessly integrates with QuickBooks, eliminating the need for manual data entry and optimizing your workflow. Alternatively, it can function independently as a dedicated time and attendance software solution, customized to meet each client's unique requirements.
- Easy to Use: Its user-friendly interface makes tracking time and expenses quick and hassle-free
Referral Program
Minute7, like Hour Timesheet, also offers a beneficial referral program. Users are incentivized to refer their friends, colleagues, or clients to Minute7 through discounts that can be redeemed against their subscription costs. This is a wonderful way for both parties to experience monetary benefits, while simultaneously expanding Minute7's user base. This referral program underscores Minute7’s commitment to building a community and facilitating a more collaborative and mutually beneficial environment.
History/Background
Minute7 first emerged in the market in 2009 and has since made a name for itself by providing robust and integrative solutions for accountants and small businesses. Recognizing early on the integration needs of its users, Minute7 was designed with compatibility in mind, particularly with QuickBooks. Over the years, the app has consistently updated its feature set, staying abreast of the latest developments in accounting and time management to ensure it remains a reliable tool for its users. The company's commitment to continuous growth and improvement has cemented its reputation as a high-quality time tracking and expense management tool.
Ease of Use
Minute7's simplicity is a key feature that enables both beginner and experienced accountants to use it with ease. Its clean and intuitive interface ensures a seamless experience where users can effortlessly log hours, input expenses, and sync data with QuickBooks. This user-friendly nature cuts down on the time spent learning how to use new software, allowing accountants to focus more on their essential tasks. Minute7 is designed with the user in mind, making time and expense tracking a straightforward process.
Pricing/Subscription
Minute7 offers flexible competitive pricing at $8 per user per month. This includes unlimited time and expense tracking, as well as seamless integration with QuickBooks. For those who wish to evaluate the app before purchasing, Minute7 offers a 30-day free trial with full access to all features. This allows potential users to gain firsthand experience of the benefits the app can offer their accounting processes.
QuickBooks Time
Features
- Time Tracking: QuickBooks Time is equipped with a powerful time tracking feature that allows for precise tracking of hours worked. This ensures accurate billing and provides insightful data for payroll and job costing.
- Team Management: This feature enables you to manage your team effectively, providing real-time updates of who's working, what they're working on and where they're working from.
- Reporting: QuickBooks Time offers comprehensive reporting capabilities. Reports can easily be generated to provide insights into labor costs, project progress, and employee productivity.
Referral Program
QuickBooks is phasing out it's referral program known as Intuit Partner Platform (IPP) and instead, encouraging users to join the QuickBooks Referral Program. This new program offers a simple way for users to earn rewards by referring their clients to QuickBooks products. By becoming part of this program, users can access exclusive benefits such as commission on sales, early access to new products, and co-marketing opportunities.
History/Background
QuickBooks Time, previously known as TSheets, first made its debut in the marketplace in 2006. Over the years, it has evolved into a comprehensive time tracking and employee scheduling solution. In 2018, it was acquired by Intuit, the maker of QuickBooks, and was rebranded as QuickBooks Time. This acquisition has allowed for deeper integration between QuickBooks Time and other Intuit products, offering a seamless experience for users.
Ease of Use
QuickBooks Time is renowned for its user-friendly interface that simplifies time tracking and team management. Its navigation is intuitive, making it easy for users to find the features they
need without going through a steep learning curve. This system is built to be straightforward and efficient, allowing users to begin tracking time, scheduling employees, and generating reports upon login.
Pricing/Subscription
QuickBooks Time offers flexible pricing plans designed to suit businesses of varying sizes. The Premium plan is priced at $20 base fee per month, plus $8 per user per month. It includes time tracking, real-time reports, project tracking, and more.
In conclusion, Hour Timesheet, QuickBooks, and Minute7 are among the top apps for accountants in 2023. They offer a range of features that can streamline your accounting processes, improve efficiency, and ensure compliance, ultimately benefiting your practice.
Summary
The landscape of accounting is continuously evolving, and apps like Hour Timesheet, Minute7, and QuickBooks are at the forefront of this innovation. They not only simplify complex tasks but also usher in a new era of efficiency, accuracy, and convenience for both independent accountants and accounting firms. Each app, with its unique set of features and capabilities, caters to the diverse needs of the accounting community. From time tracking to easy integration with other software, these apps have been instrumental in reshaping traditional accounting practices. While their pricing modules vary, the value they offer in terms of enhanced productivity and reduced errors is undeniably substantial. As the world becomes increasingly digital, the importance of leveraging such technology in accounting cannot be overstated. These apps represent a step in the right direction, promising a future of accounting that is not only easier but also more effective