Track time & Materials

with TotalTime

What is T&M?

Time and Materials (T&M) tracking refers to the ability to track both the labor hours and material costs associated with a project as they happen.

Rather than relying on estimations or end-of-project calculations, TotalTime captures real-time data about the workforce and materials used, ensuring that all costs are accounted for and accurately reflected.

Labor: Track employee hours in real time, including overtime, perdiem, and breaks.
Materials: Log material consumption as it happens, including types, quantities, and cost per unit.
Project Visibility: With TotalTime's T&M tracking, you have up-to-the minute visibility into your project's financials, giving you complete control over budgeting and cost management.

Why T&M Tracking is essential

for project success

In the fast-paced work of construction and field service, every minute and material counts.

T&M tracking allows businesses to reduce costly overruns, stay on top of budgets, and increase profitability.

Case Study #1

Mark’s business was managing multiple service teams across different locations. By using TotalTime’s real-time T&M tracking, Mark was able to immediately see labor and material usage across each site, allowing for better control and quicker adjustments on the fly.

As a result, Mark avoided a $15K cost overrun on a large project by catching discrepancies early, allowing the business to stay within budget and improve profitability by 12%.

Case study #2

Gary’s company was plagued with project cost overruns due to poor job costing visibility. TotalTime’s T&M tracking allowed them to track both labor hours and materials in real-time, reducing waste and improving profit margins across the board.

In one project alone, Gary saved $30K by optimizing material usage and reducing untracked overtime.See job costs in real time so you can

bid smarter and protect profit.

By using T&M Tracking with TotalTime, you can improve project profitability by ensuring accurate labor and material tracking at every step.

How T&M Impacts Profit Margins

Tracking Labor & Materials Leads to Better Budgeting

Here's how accurate T&M tracking can directly impact

your profit margins:

40% Reduction in Cost Overruns: Companies using TotalTime’s T&M feature report up to a 40% decrease in cost overruns on projects.
15% Increase in Project Profitability: Real-time tracking helps businesses make informed decisions, improving profitability by up to 15%.
50% Faster Billing Cycles: With precise, real-time labor and materials data, businesses can invoice clients more accurately and on time, reducing delays by 50%.