All you have to do is enter the task you’re working on, allocate it to a project and start the timer. Time Doctor will then run in the background and track all the work you do. You can post jobs, screen applicants, and unearned revenue handle company expansion with this app. Using the recent addition of Deputy HR, you can also manage every step of the hiring process, including onboarding and general management of the recruitment process.

Project Management

It also simplifies HR and payroll tasks and allows team scheduling, and project oversight for enhanced client satisfaction. Clockify offers manual and timer-based time logging, project management tools for creating and managing tasks, and advanced reporting to analyze productivity. Users can share timesheets and updates with collaborative capabilities, while integrations with popular tools like Asana and Trello enhance its functionality. Clockify is user-friendly and includes a free tier, making it accessible for freelancers, small businesses, and larger organizations seeking to optimize their time management and productivity. By choosing the right app or software, such as Workyard, professionals can streamline their time management, simplify client billing, and ensure accurate invoicing.

ReportsAnalyze and export tracked time.

Monitor project progress, spot delays early, and adjust course in real-time. Say goodbye to cost overruns and hello to efficient project management. With comprehensive reporting abilities, you can make sure that every hour worked is reflected in your https://www.bookstime.com/articles/internal-vs-external-audit paychecks and that all project costs are true and accurate. Learn how a digital design agency scaled its operations with Productive’s time tracking. Get the most out of your resources with utilization forecasting, project budgeting, and client invoicing, all in one platform. Additionally, you can even add them to your time and budgets, so they can get a direct look into project status and progress.

Here’s How To Track Billable Hours & Increase Profitability

• Some note that it can get confusing to use if you’re working in a multi-project environment, due to the way in which clients and projects are labeled.
• The app will break the billable hours down into how hours are spent, employee locations, and what they are working on at present on the relevant site.
• Unlike some fields where the distinction is more straightforward, construction involves a blend of direct and indirect tasks, making the line between billable and non-billable hours blurrier.
• The tool includes multiple export options to help you create and share reports easily.

An activity bar that can help you keep track of time will appear on your screen. Don’t forget to allocate the task to a project before you start the time entry – you can do this using the “select a project” drop-down. The calendar function allows you to see what’s coming up, including the work schedules of your team, available resources, and even the upcoming holiday periods. A dedicated content enthusiast with extensive experience in international teams and projects of all sizes. Maria thrives on creativity and attention to detail, fueled by a love what are billables for fantasy novels, music, classic black-and-white films, and always finding ways to make things better. With Connecteam, you can automatically export time logs and reports into personal spreadsheets.

Thus, allocating the right talent to the most suitable functions across organizational projects is essential to optimize profitable resource utilization and enhance billability. However, it is essential to acknowledge that non-billable work may still be necessary within projects. Therefore, it becomes imperative to regulate routine, non-billable tasks effectively while ensuring a significant portion of the team’s time is allocated to billable activities. This approach boosts team productivity, increases billable value, and improves the firm’s profitability. Every professional services firm should aim to increase billable hours and reduce non-billable time for long-term growth and profitability.