Billability
As a CFO, you know as no other that time is money. Every hour devoted to a project holds value, whether it’s billable or not. That emphasises the importance of accurately keeping track of your total billable hours in real-time. In BrightAnalytics you have the billability app to track those crucial billable hours.
Billability tracking
Keep a pulse on project billability, enabling you to proactively manage and optimise resources for maximum profitability. You can track your billable hours, non-billable hours, and hours of leave very closely.
Comprehensive Reports
Access detailed reports that break down billable hours by project, team member, or client, helping you identify opportunities for revenue growth and cost savings. Also, you can obtain a visual overview of your employees progress in achieving their targets.
Resource Allocation
Make informed decisions about resource allocation by understanding which team members are most productive and which projects are the most profitable.
Billability
KPI’s
- Total hours
- Billable hours
- Non-Billable hours
- Billed hours
- Leave hours
- Billability Rate
- Billing Rate
- Turnover from time registrations
- Cost
- Margin(%)
- Hourly Rate
- Hourly Cost
- ….
Filtering Options
- Company
- Department/Business Unit
- Employee
- Function/role employee
- Team employee
- Client, Project
- Project Group
- Project task
- …
Target Rates
Our software allows you to input target rates for specific employees, departments, or even entire companies, empowering you to set ambitious goals and track your progress with ease with the help of a clear report.
Forecasting Accuracy
Improve your financial forecasting accuracy by leveraging historical billability data and making data-driven projections.
Revenue Comparison
Compare your accounting data with the data generated by your time registrations. How much was billed to a client for a project versus how many hours were performed and at what turnover/cost.
FAQ
Below you’ll find answers to commonly asked questions about our billability app. If you have a question that isn’t addressed here, feel free to reach out to us directly for assistance.
- What is BrightAnalytics?
BrightAnalytics is the most intuitive, reliable and fast management reporting platform that covers all needs on management reporting and consolidation.
- How does BrightAnalytics work?
- Connect: BrightAnalytics connects with accounting, ERP and CRM systems, and centralises all data in the BrightAnalytics platform.
- Report: The standard templates in BrightAnalytics are immediately ready for use, but can be fully tailored to suit one’s needs.
- Analyse: The management reports and dashboards offer a wealth of information and immediately provide clear insight into the figures of the entire organisation.
- Engage: The clear reports contribute to a better streamlined business strategy and execution, and ensure transparency within the company.
- We have custom fields in our software, can we use this in BrightAnalytics?
As long as the custom data can be linked with the time registration data and the data can be retrieved, we can implement the data in your Billability application.
- Can we add widgets by ourselves in the app?
You can add graphs, pie charts, funnels, values and images.
- Which data is used for the billability app?
We use time registration data for this application.
- Can we combine financial data with the operational data?
If there are possibilities to link data from the accounting software with the time registration data, this is surely possible.
See this app in action
- Watch the video
- Request a demo
By providing your details, you can access a video explaining our billability app.
By leaving behind your details, you will be contacted for a personal demo explaining the billability app.