Time & Billing

5 Ways Time Is Lost at Your Organization and How to Fix It

Although time is limited, most organizations fail at leveraging this asset to its full potential, costing them hundreds of thousands of dollars every year. Learning what causes them to lose time and how they can fix it will be an essential step for organizations looking to use their time correctly.

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Common Pitfalls in Billable Hours for Professional Services and How to Avoid Them

For professional services organization, maximizing billable hours can directly improve profitability and revenue. However, many fail to optimize this area. Here are some common pitfalls around billable time and the best practices that can be applied to avoid them.

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4 Client Billing Practices IT & Engineering Enterprise Leaders Are Using Today

It is not uncommon for business owners to put concerns about their client billing processes on the backburner to focus on other more pressing matters. Unfortunately, poor billing practices can lead to financial problems down the line. To avoid that, here are some of the best billing practices you can leverage.

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Why Buying a Global Time Tracking Solution Can Benefit Large Services Organizations

Deciding between buying or building has always been a tremendous challenge and the debate still continues in boardrooms across the globe. However, the rise of remote and hybrid forms of…Read More

Global Compliance Desk – New York

New York - Paid Sick Leave Law  Under this blog, we had previously discussed in detail the New York State Paid Sick Leave law (“NYSPSL”) which went into effect on…Read More

5 Ways to Stop Resource Management Inefficiencies

Overruns and delays routinely plague projects, but new, off-the-shelf, integrated project and resource management solutions offer avenues out of traditional bottlenecks. As operation-intensive service businesses apply pandemic lessons to adapt…Read More

Time and Attendance Orientation Guide

In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More

Employee time tracking is dead

iBeacons, Bluetooth Low Energy, Proximity sensing and the obsolescence of time tracking as we know it. Businesses have to track the time their employees work for a variety of reasons,…Read More
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