Professional service businesses lose billions due to unbilled hours!
Research studies show that potentially over half of employees do not record their time spent accurately, leading to millions of billable hours being lost every day at a cost of billions per year to the professional service industry!
In this report, we investigate this challenge further by taking a closer look at the following issues across different countries and industries:
How confident are managers and business owners in the accuracy of data recorded through manual timesheets / time tracking?
How much more billable time and hence revenue could companies generate if staff would complete their timesheets accurately and on time?
What are the biggest timesheet / time tracking related challenges facing managers and business owners?