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BEST TIME TRACKING AND INVOICING SOFTWARE SOFTWARE

The top 5-time tracking tools for agencies 1. Price: If your Agency can just capture one or two more hours a month you can fully pay for your time tracking software, but price should still be a strong consideration.There are also integrations that will allow you to track your time from within your project management software. With a solid integration, you can avoid copying in all your projects, people, and to-dos.

Project management integrations: Another important piece to reduce the friction in adopting a time tracking solution is an integration with your project management software.You'll also want to make sure they can enter their time directly without it costing you a lot more to add them to your team. If your agency does this you'll want to make sure your time tracker allows for various levels of permissions so they can't see all of your projects and clients. Freelancer tracking: Lots of agencies will employ freelancers part-time or as needed.

BEST TIME TRACKING AND INVOICING SOFTWARE SOFTWARE

You'll want time tracking software that either has invoicing built in or integrates with your invoicing solution.

Invoicing: If your agency bills by the hour you want simplify your billing workflow as much as possible.

This makes budget tracking one of the most important features for agencies. The ultimate goal of time tracking is to help you identify which projects are making you money and which are not.

Budgets: Budgets are integral to tracking the effectiveness of your team.

Important time tracking features for agencies The first step is tracking your time so that you can identify your most profitable projects, and start weeding out the ones that waste your time. If your agency can identify which customers or type of work makes up your most valuable 20% you can refocus your business to maximize this type of clients or projects. The Pareto Principle, also known as the 80/20 rule, tells us that 20% of our clients provide 80% of our sales.

Every hour you capture is another hour you can bill, and if you're running fixed-price projects you can identify your most profitable clients and projects. If you're having a super productive day it can feel like it's getting in the way, and if you're having a tough day, time tracking can serve as a reminder of how little you're getting done.īut, tracking your time is one of the best things you can do for your business. 5 Best Time Tracking Tools for Creative Agencies, Designers, and Marketers Why your agency needs to track its time