I did timesheets for a large construction firm for a few years. While there are some valid accounting reasons to this, particularly in the construction field where workers time needs to be accounted to specific tasks and because the the people who are the bosses of the accountants at many companies are absolute morons (almost every actual accountant I've worked with is great) it is largely bullshit, especially for salaried workers . In my case, my moron 26 year old boss who got the job because his daddy owned the company didnt want to pay $30 a month for the software to do this automatically , so he instead paid me $45k a year with benefits to do data entry full time in a windowless closet.
Why come google pay is immediate but my work’s accounting software takes 3-5 business days after I invoice my hours for my money to hit?