Time tracking refers to the process of recording and monitoring the amount of time spent on specific tasks or projects. It is commonly used by businesses to improve productivity, manage resources, and accurately bill clients for work performed. Time tracking can be done manually, using tools such as timesheets or logbooks, or through software applications that automatically record and categorize time spent on various activities. Time tracking data can be analyzed to identify areas of inefficiency or opportunities for improvement, and can be used to inform decision-making and resource allocation. Proper time tracking can help businesses to optimize their operations and increase profitability.
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