The Tiempo app helps log of employee hours so workers can stay focused and companies can pay them faster. The Y Combinator-backed time-tracking smartphone application allows employees to keep track of their time worked and send an invoice to their boss for approval. The mobile app also allows employers to pay workers so funds go directly to their bank account within 3 days. When users input their contact information, this allows the billing to be taken care of in a less complicated manner than the standard paper route.
Tiempo is compatible with other software such as QuickBooks online so you can integrate your employee hours, billing and accounting documentation. There is a fee associated with these integration services, as well as a 1% transaction processing fee. Tiempo also uses Stripe, so it is really closer to 3.9%, according to TechCrunch.
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