About
Cost of Time
What is the value
of tracking time?
Harvard Business Review estimated the hidden costs of lost time for US alone at
$ 7,400,000,000
per year
Annual savings for software companies
$16,000 +
per team
Annual savings for consultancy companies
$16,000 +
per team
Average annual savings from time tracking, Toggl survey
$12,000 +
per team
So where is the problem?
Most humans can't estimate time accurate enough
Our brain is tricky and makes time spent on plausible tasks to feel like run faster
Automatization of time measurement is essential
Manual timesheets are not reliable
Time-tracking in real time is the king!
Time-tracking in real time is the king!
Software tools are not human friendly
Time-tracking software does not feel natural to help build a healthy habit. Users too often perceive it as a necessary evil
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