Download - How Much Money Does Time Tracking Save?
HOW MUCH MONEY DOES TIME TRACKING SAVE?
ABOUT US
TOGGL IS:
● Leading time tracking tool● Used daily by 70,000 businesses
across the world● integrates with 50+ other online
tools
THE HIDDEN COST OF LOST TIME
$7.4 BILLION
per dayAccording to a study featured in the Harvard Business Review, this is how much inefficiencies are costing the U.S. economy alone.
HOW CAN LOST TIME HURT YOUR BUSINESS?
We regularly meet our users to learn about the challenges their businesses face.
TOP REASONS FOR TRACKING TIME:
●to improve estimates & planning
●to analyze profitability●to optimize business
processes & staffing
HOW MUCH ARE OURUSERS SAVING?We asked over 1,000 team leaders if time tracking was saving them money.
$12,441per team
in average annual savings reported by Toggl users
CONSULTANCIES REPORTED THE BIGGEST SAVINGS:
$16,203on average per team
THE BIGGEST SAVING INDUSTRY WAS WEB & SOFTWARE DEVELOPMENT:
$18,338on average per team
BUT IT’S NOT JUST ABOUT COUNTING YOUR HOURS
IT’S ABOUT DOING IT RIGHT.
MOST TOGGL USERS PREFER TRACKING WORK IN REAL TIME:
THERE IS A GOOD REASONWHY THEY PREFER REAL-TIME TRACKING...
$3,519 AVERAGE ANNUAL SAVINGS BY TEAMS WHO ESTIMATE TIME MANUALLY
$15,064 AVERAGE ANNUAL SAVINGS BY TEAMS WHO USE REAL TIME TRACKING
BUT WHY?
MOST HUMANS CAN’T ESTIMATE TIME ACCURATELY.
(This is why enjoyable events feel short, and boring ones seem to last forever.)
GUESSING TELLS YOU WHAT YOUR BRAIN WANTS TO BELIEVE
MEASURING GIVES YOU THE FACTS.
WHICH LINE IS LONGER?
NEITHER ONE, BECAUSE...
A BRAIN IS EASY TO TRICK
(but machines are not.)
HOW MUCH MONEYCOULDTIME TRACKING SAVE?
OUR CURRENT TIME WASTE IS ASTRONOMICAL
BUT SO IS THE POTENTIAL.
THE U.S. NATIONAL DEBT IS AT 18 TRILLION & COUNTINGAND YET, WE COULD BE WASTING 2.7 TRILLION A YEAR ON NOT TAKING OUR TIME SERIOUSLY.
BUT YOU CAN ONLY FIX WHAT YOU CAN MEASURE
