InnReg's Journey to Better Time Tracking with TMetric
Read on to learn how TMetric has helped the InnReg team improve the accuracy and transparency of time tracking while reducing costs and seamlessly integrating with their existing Asana-based workflows.
About InnReg
InnReg is a compliance consulting and outsourcing firm focused on the fintech sector. Founded in 2013, we have helped over a hundred fintech companies navigate complex regulatory requirements and scale their businesses globally.
Our specialty is providing premium compliance services for cutting-edge financial ventures, from broker-dealers and registered investment advisors (RIAs) to cryptocurrency platforms and other regulated entities.
We assist clients with obtaining necessary licenses and approvals, developing compliance programs (policies, procedures, workflows), and managing the day-to-day operations of those programs. We act as an extension of our clients’ compliance departments, often taking full ownership of their compliance function.
How We Discovered TMetric
As our team expanded, we needed a more robust time tracking tool. A Google search for a time tracker platform that would suit our needs led us to TMetric’s website.
We were immediately interested as TMetric appeared to offer all the features we were seeking, and at a more attractive price point than the time tracker we used at the time.
The integration with Asana has especially drawn our attention. Given the platform's central role in our project management, the ability to track time directly within tasks was essential.
Challenges Before Using TMetric
We faced several time-tracking challenges with our previous tool. The old time tracker had minimal features and was starting to hinder our operations.
One major issue was the lack of detailed time entry data. It only showed the total hours tracked per day for each employee, without indication of when those hours were logged. We could not see the specific start and end times of each work session or which tasks they corresponded to. This made our timesheets less reliable and did not give enough context for us to optimize our process.
In addition to the data granularity issue, the previous tool lacked integrations and tagging capabilities that we needed.
How TMetric Helps Our Business
One of the most significant benefits is TMetric’s seamless integration with Asana. Using TMetric’s browser extension, we can start a timer from within an Asana task.
Since we mainly rely on Asana for task management, having TMetric pick up the project and task context without manual input ensures that all tracked time is instantly categorized under the right client or internal project.
TMetric also has allowed us to capture detailed time entry data. Every timer run logs the exact start and end time of the work session, not just the duration. This level of detail has made our timesheets more precise and significantly improved the transparency and accountability of our time tracking.
Our Results with TMetric
TMetric’s reports have helped us optimize resource allocation. As a fintech compliance consulting firm, InnReg handles multiple clients, and we need to see how much time is spent on each client or each type of task. TMetric facilitates this, and with that data, we can discuss scope adjustments with the client or rebalance the team’s efforts.
Using TMetric has also led to a cost reduction. By switching to TMetric, we cut our time-tracking software expenses by more than 50%. From a financial perspective, TMetric has delivered excellent value and improved our bottom line in terms of software costs.
What We Enjoy Most About TMetric
The aspects of relying on TMetric we enjoy the most include:
- Seamless Asana Integration: Since we manage all our work in Asana, TMetric’s integration is a standout feature. We can start and stop timers directly from Asana tasks, and TMetric automatically records the task name, links back to Asana, and assigns the correct project. This saves us time and helps us associate every entry with the right project without much manual effort.
- User-Friendly Interface: TMetric’s interface is clean and easy to use. Our team required minimal training to get started.
- Detailed and Accurate Time Entries: TMetric tracks not just total hours but the exact start and end times for each entry. This specificity has improved our data and made auditing our time entries much easier.
- Tagging and Categorization: The tagging system allows us to categorize time entries in meaningful ways. We use tags to denote clients, internal projects, departments, or even specific work activities.
- Reports: The reporting functionality in TMetric is robust and customizable. The ability to group, sort, and filter by various fields makes generating reports more convenient while providing valuable insights.
Why We Recommend TMetric
We recommend TMetric to consulting firms and professional services companies that need a reliable, project-based time tracking solution.
The advantages of using TMetric include detailed time entries, customizable reports, and integrations with Asana and other project management platforms.
Additionally, accuracy and transparency were major priorities for us, and TMetric has provided both. The platform enables precise time tracking and helps us promote accountability across our team.
About the Author: This success story was presented by the InnReg Team.