It's a well-known fact that anyone who works as a skilled service provider is always looking for a better way to track billable hours. After all, if you are not tracking your time accurately, you are losing money. Architects are no no exception to this problem. However, with project management software for architects, you can keep better track of your billable hours and project timetable.
You may wonder how you keep track of your time when not all billable hours are charged at the same rate. It's too time-consuming to keep track of this information yourself and too expensive to hire someone to do it for you. That is where software can drastically increase your productivity and profits.
Most of the time you end up being forced to guess what your billable hours were for the project after it is already completed and doing so can end up costing you money over time or overcharging your client. Either situation is detrimental to your business. However, keeping track of your billable hours with software will help to make sure you are always charging the right amount.
Not only will this information help you keep better records, but those records will also help your client see what they were billed for when they receive their invoice. A line item bill, with the number of hours spent on the project at each phase of the process, is always a welcome sight to a client. Not only are they confident that they are not overpaying, but you can be confident that you are not undercharging.
This piece of mind is not only found when you are sending out invoices, but also throughout the job. You will be able to keep the client informed about the progress throughout the process. This small thing will allow you and the client to make sure the project is being completed in a time frame to be delivered by the deadline.
This information is not just helpful in the short term, but also in the long term for you as the architect. You will be able to study the amount of time you spend on different phases of a job and use that information to formulate more precise quotes for future jobs. This will allow you to be more confident in the accuracy of your bids.
With this ability to see your time spent on multiple projects over a long period of time you will also have the ability to make yourself more efficient. You will be able to evaluate what parts of a project take the longest which will help you be able to find ways to prioritize your time. This will not only help you become more efficient, but also help you complete more jobs and bring in more money.
Overall, project management software for architects is an excellent way to keep track of your billable hours, keep yourself on schedule and on budget, show clients exactly what they are paying for, and keep them involved throughout the process. Also, on a larger scale, you will be able to use the information the software gathers to increase the accuracy of your quotes and make yourself more efficient. In the end, all of these things will help you make more money.
You may wonder how you keep track of your time when not all billable hours are charged at the same rate. It's too time-consuming to keep track of this information yourself and too expensive to hire someone to do it for you. That is where software can drastically increase your productivity and profits.
Most of the time you end up being forced to guess what your billable hours were for the project after it is already completed and doing so can end up costing you money over time or overcharging your client. Either situation is detrimental to your business. However, keeping track of your billable hours with software will help to make sure you are always charging the right amount.
Not only will this information help you keep better records, but those records will also help your client see what they were billed for when they receive their invoice. A line item bill, with the number of hours spent on the project at each phase of the process, is always a welcome sight to a client. Not only are they confident that they are not overpaying, but you can be confident that you are not undercharging.
This piece of mind is not only found when you are sending out invoices, but also throughout the job. You will be able to keep the client informed about the progress throughout the process. This small thing will allow you and the client to make sure the project is being completed in a time frame to be delivered by the deadline.
This information is not just helpful in the short term, but also in the long term for you as the architect. You will be able to study the amount of time you spend on different phases of a job and use that information to formulate more precise quotes for future jobs. This will allow you to be more confident in the accuracy of your bids.
With this ability to see your time spent on multiple projects over a long period of time you will also have the ability to make yourself more efficient. You will be able to evaluate what parts of a project take the longest which will help you be able to find ways to prioritize your time. This will not only help you become more efficient, but also help you complete more jobs and bring in more money.
Overall, project management software for architects is an excellent way to keep track of your billable hours, keep yourself on schedule and on budget, show clients exactly what they are paying for, and keep them involved throughout the process. Also, on a larger scale, you will be able to use the information the software gathers to increase the accuracy of your quotes and make yourself more efficient. In the end, all of these things will help you make more money.
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