Tsheets.com, Llc

What Tsheets.com, Llc does

Tsheets.com, LLC, doing business as QuickBooks Time, is a cloud-based employee time tracking and workforce management software provider headquartered in Eagle, Idaho, United States. Founded in 2006 (with one source citing 2008) and acquired by Intuit Inc. in 2018, the company was rebranded from TSheets to QuickBooks Time around 2021 and now operates as a wholly-owned subsidiary of Intuit (NASDAQ: INTU). The product enables employees to clock in and out via web, mobile app (iOS/Android), or a tablet-based Time Kiosk with facial recognition, and supports GPS tracking, geofencing, scheduling, automated overtime alerts based on federal and state labor regulations, project activity feeds, and timesheet signatures. The platform integrates natively with QuickBooks Online, QuickBooks Desktop, and QuickBooks Online Payroll, and is also connected to more than 50 third-party accounting and payroll applications.

The business operates on a per-worker subscription model with two primary tiers: QuickBooks Time Premium at $8/worker/month and QuickBooks Time Elite at $10/worker/month, with the latter adding geofencing, project tracking, activity feeds, and advanced reporting. QuickBooks Time is also bundled at no additional cost into QuickBooks Online Payroll Premium and Elite subscriptions, which functions as a significant distribution channel. Go-to-market is sales-led with a self-serve PLG overlay: customers can sign up via a 30-day free trial on the QuickBooks website, subscribe monthly, or contact a dedicated enterprise sales team (1-888-836-2720) for businesses with more than 50 employees to access custom pricing.

The company serves small and mid-sized businesses across multiple verticals including construction, landscaping, home healthcare, restaurants, professional services, retail, and nonprofits, with a stated global footprint across North America, Europe, Asia-Pacific, and Latin America. Its value proposition centers on reducing payroll processing time by up to 2 hours per run, lowering payroll costs by up to 4%, and increasing billable time by nearly 10%, supported by 75,000+ five-star reviews aggregated across major app stores and review platforms as of February 2021 and a G2 #1 ranking for small business time tracking software as of June 2021. No AI/ML features, public API, or independent funding rounds are disclosed; the product is fully owned and operated under Intuit's corporate umbrella.

Name

Tsheets.com, Llc

Legal name

Tsheets.com, LLC

Website

https://tsheets.com

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Tsheets.com, LLC (QuickBooks Time) is a wholly-owned Intuit subsidiary that provides cloud-based time tracking, scheduling, and GPS-enabled workforce management software to small and mid-sized businesses, priced per worker and integrated with QuickBooks and 50+ payroll apps.

Ownership category

akta.pro rank

Product category

Time and Attendance Software

NAICS

Payroll Services (541214), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Time, Attendance & Scheduling Administration (BPACAIAE)

akta.pro secondary industries

Payroll, Time & Attendance (BPACAPAB), Time & Attendance Administration (Timekeeping, Scheduling, Leave Tracking) (BPAAAHAC), Workforce Time, Attendance & Scheduling Administration (BPAAAIAI)

Keywords

• Time tracking software
• Employee scheduling
• Payroll integration
• Workforce management
• GPS time tracking

Headquarters

HQ city

Eagle

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription - Per User/Worker: QuickBooks Time generates revenue primarily through subscription-based pricing charged per worker/employee per month. Base fee covers first administrator, with additional fees for each additional user. Two main tiers: Premium and Elite, each with different price points ($8/month and $10/month per worker respectively). Bundled with QuickBooks Workforce Premium and Elite subscriptions at no additional cost.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Tsheets.com, LLC (now QuickBooks Time) provides cloud-based employee time tracking and scheduling software used by small and mid-sized businesses to clock workers in and out, manage shifts, track job-site locations via GPS, and synchronize hours directly with payroll and accounting systems. The product is sold on a per-worker monthly subscription and is also bundled at no additional cost with QuickBooks Online Payroll Premium and Elite subscriptions.

Product overview

QuickBooks Time (formerly TSheets) is a unified time tracking software platform offering multiple deployment modes: web-based online access, mobile apps (iOS/Android), and Time Kiosk for tablets. The core product provides employee time tracking, project management, scheduling, GPS tracking, and payroll integration. It operates on a subscription tier model with Premium and Elite plans, where Elite includes advanced features like geofencing, project tracking, and timesheet signatures. QuickBooks Time integrates natively with QuickBooks Online, QuickBooks Online Payroll, QuickBooks Desktop, and 50+ third-party accounting and payroll applications. The product is also included as part of the QuickBooks Workforce platform for Premium and Elite subscribers.

Differentiator

Problem solved

Functional benefit

Products and services

• QuickBooks Time (formerly TSheets) Cloud-based employee time tracking and scheduling software that allows businesses to track time, manage projects, approve timesheets, and integrate with payroll. Features include GPS tracking, scheduling, real-time workforce visibility, and customizable reporting. Targets small and mid-sized businesses across construction, landscaping, home healthcare, restaurants, professional services, retail, and nonprofits.
• QuickBooks Workforce Mobile App
• Time Kiosk Digital punch clock application for shared on-site devices (tablet, desktop, or laptop) that allows team members to clock in and out, select jobs, and take breaks. Includes facial recognition for biometric identification and is available on iOS and Android.
• QuickBooks Workforce Workforce management platform that includes QuickBooks Time as its time tracking component, with Premium and Elite subscription tiers. Time tracking is included in QuickBooks Online Payroll Premium and Elite subscriptions at no additional cost.

Quantifiable outcome

• Save up to 4% on payroll costs
• +3 more outcomes

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and extended.

• QuickBooks OnlinecoreTechnology or IntegrationQuickBooks Time integrates natively with QuickBooks Online, allowing seamless data synchronization for payroll and invoicing. Requires an active QuickBooks Online account. Additional terms, conditions, and fees may apply.
• QuickBooks Online PayrollcoreTechnology or IntegrationQuickBooks Time is included with QuickBooks Online Payroll Premium and Elite subscriptions at no additional cost. Direct integration enables streamlined payroll processing.
• QuickBooks DesktopcoreTechnology or IntegrationQuickBooks Time integrates with QuickBooks Desktop for customers using desktop-based accounting software. Additional terms, conditions, and fees may apply.
• 50+ Third-Party Accounting and Payroll ApplicationsextendedTechnology or IntegrationQuickBooks Time integrates with more than 50 third-party accounting and payroll applications listed in the app marketplace, enabling flexibility for customers using non-QuickBooks solutions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Gusto: Broader HCM and payroll platform that recently expanded into time tracking and scheduling. Competes with QuickBooks Time by bundling time tools into its payroll offering for SMBs, mirroring Intuit's bundled approach.
• Rippling: Unified HCM, payroll, IT, and time tracking platform. Attractive alternative to QuickBooks Time for SMBs seeking a single-vendor workforce management stack, with native time and attendance modules.
• Paychex: Major payroll and HR services provider with integrated time and attendance solutions. Competes head-to-head with QuickBooks Time for SMB payroll customers that want combined payroll plus time tracking.
• BambooHR: Broader HRIS platform with time tracking and PTO management features. Targets similar SMB and mid-market segments, offering an alternative to QuickBooks Time within a wider HR suite.
• ADP Workforce Now: Large payroll and HCM incumbent with integrated time and attendance module. Targets the same SMB and mid-market customers, leveraging deeper enterprise distribution and compliance capabilities.

Direct peers

• When I Work: Direct competitor in employee scheduling and time tracking for shift-based SMBs. Targets similar verticals (restaurants, retail) with comparable mobile-first workforce management features.
• Clockify: Direct peer in time tracking and timesheet management. Offers free and paid tiers for SMBs and freelancers, with project tracking and payroll integrations overlapping QuickBooks Time's core functionality.
• Deputy: Direct peer in employee scheduling, shift management, and time tracking. Strong in shift-based verticals (retail, hospitality, healthcare) that overlap QuickBooks Time's restaurant and retail segments.
• Hubstaff: Direct competitor in cloud-based time tracking with GPS, geofencing, and payroll/QuickBooks integration. Targets SMBs and remote/field workforces with similar per-user subscription pricing.
• Toggl Track: Direct competitor in time tracking with project-based time entry, reporting, and integrations across accounting/payroll ecosystems. Serves similar SMB and professional services customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/QuickBooks
• YouTubeyoutube.com/quickbooks
• Facebookfacebook.com/quickbooks
• LinkedInlinkedin.com/company/tsheets-time-tracking-software
• Instagraminstagram.com/quickbooks

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Tsheets.com, Llc