Why Do I Need a Time Tracking System? An easy way to determine why you should adopt a sound way to track billable hours and employee time, is to answer the following questions. If you could save a minimum of 1 billable hour per person each week, how much money would you save company-wide each month? Each year?   Do you want to recover ALL your billable hours, project material costs and project travel costs?   Do you need project time tracking, expense tracking and travel tracking for your projects?   If you could bill customers faster, would a rapid cash flow benefit you?   Could you make more accurate decisions if you had real-time reports on the total number of hours on a project?   With real-time information, could you help prevent projects from going over budget on either time or money? If you determined you could be saving a lot of money based on the first question, or answered "yes" to any of the questions afterwards, then you should definitely look into a timesheet solution.