Workyard provides workforce management software that utilizes GPS time tracking and automated clock-in/out features to ensure accurate labor cost recording for construction and service companies. This technology eliminates inflated payroll costs and reduces administrative time spent on payroll processing from hours to minutes.
Funding
$18.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Construction and field service companies often struggle with inaccurate time tracking, leading to inflated payroll costs and administrative overhead. Manual timekeeping processes are prone to errors, time theft, and discrepancies between reported and actual work hours. This lack of real-time visibility into labor costs hinders accurate job costing and profitability analysis.
Solution
Workyard offers a GPS-based time tracking and workforce management platform designed to provide accurate labor cost recording and streamline payroll processes for construction and field service businesses. The platform utilizes geofencing and automated clock-in/out features to ensure precise time capture and eliminate time theft. By providing real-time visibility into employee locations and job costs, Workyard enables businesses to optimize resource allocation, improve billing accuracy, and enhance overall profitability. The system integrates with popular accounting software, automating the flow of time and job cost data to eliminate manual data entry and reduce administrative burden.
Target Audience
Workyard primarily targets construction companies, field service businesses, and other industries with distributed workforces that require accurate time tracking and job costing.
Features
- GPS-based time tracking with geofencing to automatically clock employees in and out based on their location
- Mobile app for employees to easily record time, track tasks, and submit progress updates
- Automated time clock rules to prevent timekeeping errors and ensure compliance with labor laws
- Real-time job costing reports that break down labor expenses by employee, project, and cost code
- Digital team calendar for simplified scheduling and task assignment
- Integration with accounting systems such as QuickBooks and Xero to automate payroll and invoicing
- Mobile alerts and notifications to keep employees informed of schedule changes and important updates
- Built-in labor compliance features to track overtime, breaks, and other regulatory requirements