What is Timesheet Efficiency?
The capacity to gather timesheets and approvals from applicants and clients promptly and properly is referred to as timesheet efficiency. Manual and late timesheets can be measured as a percentage of all timesheets and as a weekly volume. The amount of manual labor required to perform the activity, whether it’s following up with applicants to submit timesheets or client approvers for timesheet approvals, is considered when evaluating timesheet efficiency. This gives you vital data on how well your time collection techniques and technologies are doing. Agency personnel can identify and test potential improvements to improve performance by creating a performance baseline. This should be measured using all-time capture technologies, including VMS. Ad hoc reporting surrounding manual and late timesheets can be used to assess timesheet efficiency.