TimeTac

What TimeTac does

TimeTac GmbH is an Austrian-headquartered SaaS provider of cloud-based time and attendance software, founded in 2010 and operating from Graz with a regional subsidiary in Madrid (established 2023). The platform is built around a modular architecture comprising three core modules — Employee Time Tracking, Project Time Tracking, and Leave Management — that customers can license independently or in combination. Delivery spans web browsers (PC/Mac), native iOS and Android apps with offline support, NFC-enabled mobile workflows, and proprietary TimeTac Evo Basic clocking terminals supporting PIN, RFID/NFC, and fingerprint authentication. The system is ISO 27001 certified and GDPR compliant, with infrastructure hosted in EU data centers and public-holiday templates for country-specific labor-law compliance across multiple jurisdictions.

The company monetizes through per-employee monthly subscriptions priced from approximately €3/user/month, distributed via a hybrid go-to-market combining self-serve 30-day free trials and sales-assisted enterprise motion. It reports more than 4,500 customers and over 150,000 daily active users, ranging from SMEs to enterprises with up to 100,000 employees, with named reference logos spanning Samsung, Canon, WWF, Greenpeace, Mitsubishi, Bel Suisse, Segafredo, runtastic, and Wuerth IT. The product is concentrated in DACH markets but the company claims global availability in German, English, and Spanish, with go-to-market investments in paid digital acquisition (Google, LinkedIn, Meta, Bing) and content-led demand generation.

TimeTac's organizational footprint is modest — 51–100 employees, privately held, no disclosed external funding rounds — and led by founder/management figures Bernd Pichlbauer and Michael Hermann (co-founders) and Christoph Lückl, MSc (management). In July 2025, TimeTac completed the acquisition of EARLY (undisclosed terms), marking its first identified M&A activity and signaling a strategic shift toward inorganic growth.

Name

TimeTac

Legal name

TimeTac GmbH

Website

https://timetac.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

TimeTac is an Austrian-headquartered SaaS provider of cloud-based, modular time and attendance software serving SMEs and large enterprises across DACH and Spain. Its platform combines employee time tracking, project time tracking, and leave management, distributed via web, mobile, NFC, and proprietary clocking terminals to over 4,500 customers.

Ownership category

akta.pro rank

Product category

Time and Attendance Software

NAICS

Computer Facilities Management Services (541513)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Time & Attendance Administration (Timekeeping, Scheduling, Leave Tracking) (BPAAAHAC)

Keywords

• Time tracking software
• Employee attendance management
• Project time tracking
• Leave management system
• Time and attendance platform

Headquarters

HQ city

Graz

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Monthly or annual subscription-based pricing model. Customers choose and pay for modules (Employee Time Tracking, Project Time Tracking, Leave Management) on a per-employee basis. Includes technical operation, maintenance, software updates, and support in the monthly fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels12 records

Core offering

TimeTac is a cloud-based SaaS Time & Attendance System delivered through three combinable modules: Employee Time Tracking (worked hours, breaks, timesheet approvals, payroll export), Project Time Tracking (task/project/client time allocation with reporting), and Leave Management (absences, approval workflows, holiday entitlement). It is offered via web browser, native iOS/Android mobile apps, NFC smartphone tagging, and physical clocking terminals (PIN, RFID/NFC key fob, or fingerprint) for businesses from SMEs to 100,000-employee corporations.

Product overview

TimeTac is a cloud-based modular time and attendance platform consisting of a core Time & Attendance System that integrates three main modules: Employee Time Tracking for calculating worked hours and managing timesheet approvals, Project Time Tracking for tracking time on tasks/projects/clients, and Leave Management for handling absences and holiday entitlement. The platform offers multiple delivery methods including web-based tracking via PC/Mac browsers, Mobile Time Tracking via native iOS and Android apps with offline capability, Clocking in Machines (terminals with PIN/RFID/NFC/fingerprint), and NFC Time Tracking via smartphone and tags. Additional offerings include an API for system integrations and an Onboarding Service for guided implementation. The system is designed for companies of any size and industry, scaling from small businesses to corporations with up to 100,000 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Time & Attendance System Cloud-based, modular Time & Attendance System for companies of any size (SME to 100,000 employees) that integrates employee time tracking, project time tracking, and leave management into a single platform accessible via web, mobile, NFC, and terminals.
• Employee Time Tracking Module that calculates total worked hours and breaks, supports timesheet approval workflows, ensures legal compliance, exports data into payroll accounting, and generates detailed employee productivity reports. Sold as a standalone subscription on a per-employee basis.
• Project Time Tracking Module that tracks time on tasks, projects, or clients, supports flexible project structures, provides a quick overview of project status, on-the-go tracking, and detailed statistics and reports. Sold as a standalone subscription on a per-employee basis.
• Leave Management Module that manages employee absences with approval workflows, calculates holiday entitlement, defines substitutes, and uses public holiday templates worldwide. Sold as a standalone subscription on a per-employee basis.
• Onboarding Service Guided implementation support service where TimeTac experts assist enterprise customers during initial setup and configuration of the Time & Attendance System. Offered as an optional paid service.

Quantifiable outcome

• Administrative expenses dropped significantly after implementing TimeTac
• +2 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered core.

• Hetzner Online GmbHcoreTechnology or IntegrationHetzner Online GmbH provides web hosting services for TimeTac's infrastructure. Located at Industriestr. 25, 91710 Gunzenhausen, Germany. Processes all categories of personal data per the Data Processing Agreement.
• Mailjet SAScoreTechnology or IntegrationMailjet SAS provides transactional email services for TimeTac. Located at 4 rue Jules Lefebvre, 75009 Paris, France. Processes name, contact information, employment information and organization data.
• Google Cloud EMEA LtdcoreTechnology or IntegrationGoogle Cloud EMEA Ltd provides encrypted backup hosting services for TimeTac. Located at 70 Sir John Rogerson's Quay, D02 R296, Dublin 2, Ireland. Backups are hosted in EU data centers.
• Zoho Corporation B.V.coreTechnology or IntegrationZoho Corporation B.V. provides invoicing services for TimeTac. Located at Hoogoorddreef 15, 1101BA Amsterdam, Netherlands. Processes customer invoice addresses.
• mgIT GmbHcoreTechnology or IntegrationmgIT GmbH provides system architecture administration services for TimeTac. Located at Kratkystraße 2, 8020 Graz, Austria. Processes all categories of personal data per the Data Processing Agreement.
• Host Europe GmbHcoreTechnology or IntegrationHost Europe GmbH provides website hosting for TimeTac. Located at Hansestr. 111, 51149 Cologne, Germany.
• HubSpot, Inc.coreTechnology or IntegrationHubSpot, Inc. provides analytics services for TimeTac's website and contact forms. Located at 25 First Street, Cambridge, MA 02141, USA.
• Google Ireland LimitedcoreTechnology or IntegrationGoogle Ireland Limited provides Google Analytics, Google Ads (conversion tracking and remarketing), YouTube video hosting, and Google ReCaptcha services for spam protection. Located at Gordon House, Barrow Street, Dublin 4, Ireland.
• LinkedIn Ireland Unlimited CompanycoreTechnology or IntegrationLinkedIn Ireland provides advertising services including LinkedIn Campaigns, lead gen forms, lookalike audiences, matched audiences, and retargeting functionality. Located in Dublin, Ireland.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Workday: Enterprise HCM, payroll, and workforce management platform. Embeds time tracking into a broader system that competes with TimeTac at the enterprise end of the market.
• UKG (Kronos): Large incumbent in workforce management/time & attendance, serving enterprise customers globally including with hardware terminals. Competes with TimeTac in the enterprise tier with a much broader product suite.
• SAP SuccessFactors: Broad HCM platform from SAP covering time and attendance as part of a larger suite. Targets the enterprise tier that TimeTac also addresses, offering bundled time-tracking in larger HCM deals.
• ADP Workforce Now: Global payroll and HR services provider with time-and-attendance in its workforce management portfolio. Competes with TimeTac where customers favor payroll-adjacent time tracking bundles.

Direct peers

• Personio: European HR/HCM platform for SMBs, with employee time tracking and attendance as core modules. Targets the same DACH/Spanish-speaking SMB segment as TimeTac, with overlap in time-tracking and leave management use cases.
• Clockify: Freemium time tracking and project management tool used by SMBs and agencies globally. TimeTac's own comparison pages position against Clockify, with overlap in project time tracking and basic attendance.
• Calamari: SaaS time tracking and absence/leave management platform focused on SMBs. Closely overlaps TimeTac's Employee Time Tracking and Leave Management modules and target segment.
• Toggl Track: Time tracking and project management software with strong PLG/freemium adoption among SMBs and agencies, directly competing with TimeTac's project time tracking module.
• Factorial: Spain-headquartered SMB HCM platform offering time tracking, leave management, and HR workflows. Geographic overlap with TimeTac's DACH+Iberia presence and direct feature overlap in attendance and leave.

Emerging players

• Kimai: Open-source time tracking tool popular in European SMB and agency settings. Offers a free alternative partially overlapping TimeTac's project time tracking module.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/timetac
• LinkedInlinkedin.com/company/timetac
• Instagraminstagram.com/timetac

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TimeTac