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You may be amazed at the amount of revenue your company loses every day due to billable time that is "unrecorded". Lost revenue grows exponentially with an increase in staff and lack of accurate time recording software. For example:

Assumptions:
Per hour consulting fee = $150
50 consultants
15 minutes of time not recorded per consultant

50 consultants who do not track 15 minutes of time each week = $37.50 of lost time per consultant

$37.50 of "lost" time each week x 50 consultants =

$1,875 / week
$7,500 / month
$97,500 / year in billable revenue that has not been "recorded"

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Assumption:
Per hour consulting fee = $150
50 consultants
30 minutes of time not recorded per consultant

50 consultants who do not track 30 minutes of time each week = $75 of lost time per consultant

$75 of "lost" time x 50 consultants =

$3,750 / week
$15,000 / month
$195,000 / year in billable revenue that has not been "recorded"

Copyright 2008, Perryman & Associates, Inc.

Perryman & Associates provides Sage Abra HRMS, Sage MAS 500 ERP, Sage PFW ERP, Sage FAS Fixed Assets and Sage Timesheet to businesses throughout the Deland, Florida area. We also create our own custom Sage Abra and Sage PFW modules to address industry-specific needs.

Sage Software, the Sage Software logos, and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc., or its affiliated entities. All other trademarks are property of their respective owners.

Perryman & Associates, Inc.
3329 Marsh Road
Deland, Florida 32724