Time is the most valuable resource in any business. Yet, studies show that poor time management, untracked work hours, and inefficiencies lead to billions of dollars in lost revenue annually. 

Whether you're running a business, managing a remote team, or working as a freelancer, accurately tracking time is essential for productivity, profitability, and accountability.

Time tracking isn't just about monitoring hours, it’s about optimizing workflows, reducing wasted time, and making data-driven decisions.

From increasing billable hours to preventing project cost overruns, the right time-tracking system can transform how businesses operate.

This infographic presents powerful insights, key statistics, and industry trends that highlight the undeniable benefits of time tracking.

The Impact of Poor Time Management

1. $7.4 billion lost annually due to untracked work hours.

2. 40% of employees spend at least 30 minutes daily on non-work-related tasks.

3. 50% of employees admit to time theft.

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