Professional Services guide
FAQ
← Back to FAQ

Why does time tracking save money?

Time tracking saves money because it improves productivity, helps companies bill clients for the work they do, and eliminates inefficient and time-consuming processes. 

Billable work is the lifeblood of PS organizations like legal services firms and consulting firms. These organizations need to account for every hour spent progressing the interests of their clients. When employees are not able to efficiently account for their time, there is a good chance they are walking away from money they’ve earned through billable work.  

The only way to ensure you are billing for all crucial work is by using time tracking software. This is why efficient and accurate time tracking saves money.