What is the value of tracking time?
What is the value of tracking time?
According to the Harvard Business Review, the hidden cost of lost time a day is estimated
$7 400 000 000
According to the Harvard Business Review, the hidden cost of lost time a day is estimated
$7 400 000 000
> $12 000
per team
average of annual costs saving reported in Toggl survey
> $16 000
per team
for consultancy companies
> $18 000
per team
for web and software development
So where is the problem?
Most humans can't estimate time accurate enough
Time spent on plausible/interesting tasks feels to run faster
Automatization of time measurement is essential
Real-time tracking is the key
Software tools provide for poor UX
Software-assisted tracking didn't get far from paper time sheets. It still consumes time and requires attention
We make time tracking look easy and fun