Generally timesheet have both advantages and disadvantages in business. Advantage: 1. Well, timesheet can help you and after completing the task you will know exactly that what activities you have spent and for how long you have spent on it. 2. The data will assemble electronically in timesheet so you can also retrieve the data anytime in the future for references. 3. Time tracking also keeps project scope and budget under control. It admits data to be conveyed to text files, spreadsheets and it also expedites management to share time critical information as well. 4. Employee time tracking is highly critical in running a profitable and productive business. With employee time tracking software, you can ensure high employee performance and productivity as well as improved allocation of human resources. 5. Timesheet has the capability of scheduling that allows the supervisors to keep a time table for every employee. By using this software, you can surely and definitely balance and keep track of work orders. Disadvantage: Timesheet is a waste of time and money for start up. Do startups really need Timesheet software to track employees and project performance?