ROI of Time Tracking: What It Is and How to Measure It
How much billable time did your team lose last month? One missed hour per person per week, at an average hourly rate of $150. It costs a 10-person firm $75,000 in lost billable hours revenue each year. That's the real cost of weak time tracking returns. This write-up breaks down where the return on investment actually comes from. Most importantly, how to calculate the ROI of time tracking, and what stops most businesses from capturing it.