Time & Billing

While it might not be the most interesting aspect of a business, the humble invoice does serve a critical role in organizations. Invoicing is not just about making payments.

For any organization that delivers services to clients, it is imperative to ensure the accuracy of the invoices sent at the end of every billing cycle.

In the construction industry, streamlining time and billing management processes is vital for the continued success of the firm. Learn how the right strategies can help construction firms ensure project profitability and success.

For a business, any loss of revenue is always dreadful but revenue leakage is particularly frightening. However, there are steps that can be taken to identify and reclaim the lost revenue through intelligent revenue management.

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.

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.