Anyone who works in the professional services industry knows that not all hours worked translate into billable hours. Only work directly tied to a client project makes the cut. Without precise time tracking, you could be overlooking the vast chunks of time your team spends on non-billable tasks.
According to our research, service firms leak time and money every day.
Historically, businesses have relied on spreadsheets and outdated tools to track time. According to QuickBooks data, 80% of timesheets are inaccurate. Business leaders who wish to invest in an error-proof, automated method should consider investing in a billable hours tracker.
A billable hours tracker is an automated tool that removes the need to manually record how long you spent on tasks during a given workday. Investing in a billable hours tracker is the fastest and most accurate way to capture this information.
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To ease the pain point of tracking time manually, we've compiled a list of six time-tracking software platforms that make time tracking a seamless, efficient and more accurate process.
To ease the pain point of tracking time manually, we've compiled a list of six time-tracking software platforms that make time tracking a seamless, efficient and more accurate process.
Accelo is a client work management platform designed to help professional services firms, including agencies of all sizes, manage client relationships from prospecting and payment through projects and even retainers. The platform provides customizable solutions to expand visibility, improve collaboration and increase profits.
Start a free trial or schedule a demo to discover Accelo's power for time tracking and beyond.
ClickTime offers a combination of tools for timesheets, expenses and business intelligence. It helps teams in a variety of industries with capacity planning, profitability analysis, utilization tracking and more.
Harvest is a time-tracking, expense management and invoicing tool with integrations that support all kinds of businesses. Known for its easy-to-read reports, Harvest makes it easy to monitor team utilization and billable hours and make more data-driven decisions.
READ NEXT: The Transformative Power of Automated Employee Time Tracking
QuickBooks Time, formerly T Sheets, is a time-tracking and employee scheduling solution that seamlessly integrates with other Intuit products to simplify payroll and client billing. It's best for teams that need detailed time tracking and reports attached to their client invoicing.
Timely is an AI-powered time tracker with resource management and project management features. The platform offers visibility over team time and availability, as well as advanced organization features, including tags.
Toggl, and specifically its Toggl Track product, is designed to help teams stay on top of billable hours and hold employees accountable. It features user-friendly dashboards with simple summaries, simplifying time tracking for individuals and data analysis for managers.
Automated time tracking is an avenue to avoid the hassle — and cost — of a manual lift. To get a preview of what time tracking could look like for your business, schedule a demo of Accelo.
