What is the purpose of time tracking in Buildertrend?

Time tracking in Buildertrend is fundamentally designed to log hours worked and monitor labor costs. This feature is essential for project managers and construction teams because it provides a clear and accurate account of the time that employees and subcontractors dedicate to specific tasks or projects. By tracking these hours, project managers can effectively evaluate labor costs, helping to ensure that projects remain within budget. This data is critical for financial reporting and can also assist in forecasting future labor needs and costs based on historical data.

Accurate time tracking also facilitates the identification of any inefficiencies in labor allocation and productivity, enabling project managers to make informed decisions about resource management. This way, labor costs can be continuously evaluated against project budgets and timelines, ensuring effective financial management throughout the project lifecycle.