Project Time Tracking and Billing Software Key Terms

Some key terms for project time tracking and billing software solutions

Project managers and other planners use project time tracking and billing software to take care of the nuts and bolts of a complicated business venture. Tools like project tracking software take over a lot of the day-to-day administration of a project, so that the human talent can address other aspects of what's going on in a business. Businesses with a need for project tracking or billing solutions can find out more by reading up some common key terms for using project time tracking and billing systems.

Web based project time tracking software

One popular way to get project time tracking software and similar tools is to use a web based approach. Web based project time tracking software is hosted by the provider and the user business does not need to assemble and install it out of the box, or do any of the other things associated with out of the box software.

Software licensing

Software licensing is the issue of getting formal access to a program, usually by paying a fee to the maker. Project time tracking software can include software license requirements.

Online time clock

An online time clock is a web tool that keeps track of employees punching in and out. This kind of resource can be a useful part of project time tracking software.

Predict, Track, Learn

Lots of companies recommend systems like EPM or Enterprise Project Management for corporate use in project time tracking software, but other providers offer simpler designs using straightforward planning methods like PTL (Predict, Track, Learn).

Interface

In project time tracking software, the interface is a collection of the features that users see, and the tools they use to complete project time tracking admin tasks.

Billable hours tracking form

Billable hours tracking is another simple tool that allows project time tracking software to keep up with the demands of time sensitive and costly projects. Billable hours tracking forms are often a feature of project time tracking software programs.

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