It also gives you a quick way to monitor your productivity over time. Seeing your total hours and earnings for a period is important for many reasons, from invoicing clients to analyzing your productivity. Once you’ve got your hours worked, it’s time to apply your billable rate to see how much you’re earning.
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Here’s our list of the best project management tools, accounting software, billable time trackers, and agency tools currently available. Jibble provides an easy-to-use time tracking solution where employees can log hours via a clock-in and clock-out interface. It uses geolocation to verify clock-ins at approved locations, with GPS data displayed on what are billables timesheets.
Choosing the right time tracking app for your agency
Productive offers a 14-day free trial, so you can see what the time tracker software and app offers before committing to a paid plan. Compare top time tracking software for consultants like ActivityTimeline, TimeCamp, Clockify, and more. Complex systems with endless manual input or confusing timesheets only add to your workload. With that, 69% of employees admit to not tracking their time accurately, leading to productivity losses. By setting up a well-organized spreadsheet and using a few handy formulas, you can manage your time and earnings with ease.
- ActiTime doesn’t have automatic time tracking, historical billable rates, or custom reporting features.
- Learn what a cost overrun is and discover proven strategies to prevent it.
- You have the option to track your time via desktop, Android or iOS device.
- Our business model has almost everyone working on the road, so most people, including administrators, use the mobile version.
- Additionally, it requires expertise to leverage its advanced capabilities fully.
- Another option is to install time clocks where employees can clock in and out.
Core Features:
One of the popular apps currently available that can help you track billable hours is Productive. Productive is an integrated billable hours tracking software that lets you define your hourly rates, build your project budgets, and track billable and non-billable tasks. Productive can also streamline your client billing and invoicing, https://www.bookstime.com/ as well as deliver insights on time tracking, profitability, and utilization.
Each time tracking tool will have a specific process for tracking billable time. We’ll use Productive, the all-in-one agency management tool, as an example of what petty cash this process may look like. First, you’ll need to set up your employee billable rates and budgets.