Press Release

THE POWER OF TIMESHEETS IN THE CONSTRUCTION INDUSTRY - TRACKING HOURS FOR SMARTER PROJECT COSTING



In the fast-paced and often unpredictable world of construction, managing time effectively is just as important as managing materials and labor. One of the most powerful tools in a construction manager’s arsenal is the humble timesheet. But timesheets have come a long way from paper forms and spreadsheets. Today, digital timesheet apps are transforming how construction companies track labor, analyze project costs, and improve profitability.

FOR IMMEDIATE RELEASE

08/09/2025

Why Timesheets Matter in Construction
Construction projects are complex, involving multiple teams, subcontractors, and phases. Labor is one of the largest cost components, and even small inefficiencies can lead to significant budget overruns. Timesheets help:

Track hours worked by employees and subcontractors
Monitor labor costs in real time
Ensure compliance with labor laws and union agreements
Support accurate client billing
Provide data for future project estimates
Without accurate time tracking, it’s nearly impossible to understand where time (and money) is being spent—or wasted.

The Rise of Timesheet Apps
Modern timesheet apps have revolutionized how construction companies manage labor tracking. These apps are designed to be mobile-friendly, easy to use on-site, and integrated with other project management tools. Some of the most popular timesheet apps in the construction industry include:

ClockShark – Built specifically for construction and field service companies, it offers GPS tracking, job costing, and scheduling.
TSheets by QuickBooks – Offers mobile time tracking, geofencing, and integration with payroll and accounting systems.
Raken – Combines daily reporting with time tracking, making it easy for foremen to log hours and progress.
Hubstaff – Provides time tracking with GPS, productivity monitoring, and project budgeting features.
These apps allow workers to clock in and out from their smartphones, assign hours to specific tasks or cost codes, and even capture photos or notes related to their work. Supervisors can approve timesheets in real time, reducing administrative overhead and payroll errors.

Timesheets and Project Costing Analysis
One of the most valuable aspects of digital timesheets is the data they generate. When hours are accurately recorded and categorized by project, phase, or task, companies gain powerful insights into labor costs. This data can be used to:

Compare estimated vs. actual labor costs
Identify inefficiencies or bottlenecks
Forecast future labor needs
Improve bidding accuracy for future projects
Allocate resources more effectively
For example, if a framing phase consistently takes 20% longer than estimated across multiple projects, that’s a red flag. With timesheet data, project managers can investigate whether the issue is due to staffing, scheduling, or scope creep—and take corrective action.

Best Practices for Timesheet Management
To get the most out of timesheet tracking, construction companies should follow a few best practices:

Standardize time tracking procedures – Ensure all workers understand how and when to log their hours.
Use job codes or cost codes – Categorize time entries by task or project phase for better analysis.
Review and approve timesheets regularly – Catch errors early and maintain accurate records.
Integrate with payroll and accounting systems – Streamline back-office operations and reduce manual data entry.
Leverage reporting tools – Use dashboards and reports to monitor labor trends and project performance.
Conclusion
Timesheets are more than just a way to track hours—they’re a strategic tool for managing labor costs, improving project outcomes, and boosting profitability. With the help of modern timesheet apps, construction companies can move beyond guesswork and gain real-time visibility into one of their most critical resources: time.

Whether you're a small contractor or a large construction firm, investing in digital timesheet solutions can pay off in better project control, more accurate cost analysis, and ultimately, a stronger bottom line.

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The Power of Timesheets in the Construction Industry - Tracking Hours for Smarter Project Costing

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