Bill Rate vs. Pay Rate: Differences, Examples, and Calculation
The world of financial jargon is filled with mystifying terms.
What are Billable Hours?
Whether you’re a freelancer, entrepreneur, consultant, or business owner providing your services to multiple clients, accurately tracking work hours for ongoing projects is necessary to get paid for…
Missed Minutes: The Hidden Impact of Inaccurate Time Tracking
According to recent data, inaccurate time tracking costs professional service firms more than $60K per year per employee, yet it’s not easy to discover.
Top Project Estimation Techniques for Project Managers
For project managers today, wrestling with unrealistic estimates is an all-too-common struggle.
From Efficiency to Growth: Leveraging Accurate Time Tracking for Higher Project Profitability
USD 7.4 billion. That’s the revenue businesses lose every day to unrecorded billable activities. It’s not any different for IT services organizations.
6 Steps to Fast-track Profitability in Your Consulting Practice
Over 33.2 million small businesses in the USA fall under the ‘Professional, Scientific, Technical, and Other Services’ category, making up for nearly 99.9 percent of all companies.
Read More
- Recent Articles
- Popular Posts
- Categories
What is R&D Tax Credit and How to Qualify & Claim It?
Research and development (R&D) are the cornerstones of growth and innovation for organizations worldwide as they compete against the backdrop of a fast-changing technology landscape. As businesses globally increase their… Read More
How Small Businesses are Leveraging AI-powered Time Tracking to Maximize Revenue
Today’s business landscape is fraught with significant headwinds for small and mid-size firms. Challenges like economic uncertainty, increasingly competitive markets, and rapid technological advancements are hampering business growth. We can… Read More
Why Investing in a Unified Time Tracking Should be a Strategic Initiative
Professional services organizations are increasingly battling dwindling revenue, lower resource utilization levels and eroding profit margins. In fact, according to the 2025 SPI Professional Services Maturity Benchmark Report, on-time project… Read More
Global Compliance Desk – European Union
Changes in compliance are continuous and are occurring around the globe. At Replicon, our goal is to make sure you’re never a step behind. Recently, the European Court of Justice… Read More
Global Compliance Desk – New Zealand
Changes in compliance are continuous and are occurring around the globe. At Replicon, our goal is to make sure you’re never a step behind. On October 26, 2021, the New… Read More
Global Compliance Desk – United States
Changes in compliance are continuous and are occurring around the globe. At Replicon, our goal is to make sure you’re never a step behind. Effective October 2021, Maryland will be… Read More
