Harvest
Time Tracking
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Project Billing App

Harvest is a project billing app that addresses late payments and revenue leakage by integrating time tracking with invoicing, enhancing project management efficiency.

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Will this project be profitable?

Estimate your project cost, set the right price, and know exactly how many hours your team can spend before margin disappears.

Total hours across all team members
$
Average rate across all roles on the project
15%
Scope creep is real. Most projects need 10-25% buffer to stay profitable.
Recommended project price $0
Base cost (before buffer) $0
Hours per person per week 0h
Weekly burn rate $0
Max hours before loss 0h

Track project hours with Harvest

Walk through the entire flow below. Start a timer, check your reports, and create a real invoice — all in three clicks.

Go ahead — start tracking!

One click and you're timing. Try it right here: start a timer, add an entry, edit the details. This is exactly how it feels in Harvest.

  • One-click timer from browser, desktop & mobile
  • Works inside Jira, Asana, Trello, GitHub & 50+ tools
  • Duration or start/end — your call
  • Day, week & calendar views to stay on top of it all
  • Friendly reminders so no hour gets left behind
Acme Corp
Website Redesign
Homepage layout revisions
1:24:09
Content Strategy
Blog calendar planning
1:30:00
SEO Audit
Technical audit report
0:45:00
Brand Guidelines
Color system documentation
2:15:00
Logo Concepts
Initial sketches round 1
1:00:00
Today's total 6:54:09

Understanding Project Billing: The Foundation of Financial Health

Project billing is a critical component of financial health for businesses engaged in project-based work. It encompasses the process of pricing services, creating invoices, and collecting payments in alignment with client agreements. Different billing models, such as fixed-price, time-and-materials, and retainer, offer flexibility to cater to diverse project demands. Approximately 48% of invoices issued by small businesses are paid late, underscoring the importance of efficient billing processes to maintain cash flow and productivity.

Proper project billing improves cash flow, enhances profitability, and strengthens client relationships. Late payments and revenue leakage are common challenges that can be mitigated with effective project billing strategies. By integrating time tracking and invoicing, businesses can streamline their financial operations, reduce errors, and enhance budget control, ultimately leading to better project profitability.

Essential Features of a Modern Project Billing App

Choosing the right project billing app involves understanding which features will most effectively address your business needs. Key features include integrated time and expense tracking, which allows automatic time capture and expense logging. For example, Harvest offers flexible billing by supporting both fixed fee and time-and-materials structures, ensuring that every project requirement is met.

Automated invoicing and customizable billing rates are crucial for maintaining efficiency. Harvest's capability to handle customizable billing rates for different roles within a project, such as designer and developer, ensures accurate client billing. Real-time project profitability analysis provides insights into financial performance, helping businesses make informed decisions. Moreover, integrations with tools like Asana or Trello enable seamless workflows and increased productivity.

Navigating Challenges and Maximizing Efficiency with Harvest

Common challenges in project billing, such as revenue leakage and scope creep, can significantly impact profitability. Harvest addresses these issues by offering detailed reporting on project hours versus budgeted hours, helping businesses stay on track financially. Automated reminders for overdue invoices can help mitigate late payments, a problem encountered by 20% of businesses who spend up to 4 hours weekly chasing them.

Implementing best practices like clear contracts and structured change management processes ensures that financial agreements are upheld and projects remain profitable. Harvest's seamless integration with accounting software and its support for project management tools allow businesses to reduce administrative burdens and focus on core project tasks, ultimately maximizing efficiency.

Choosing the Right Project Billing App for Your Business

Selecting the right project billing app involves assessing specific business needs, such as team size, billing models, and project structure. User-friendliness, scalability, and security are critical evaluation criteria. Harvest excels in these areas by providing real-time insights and detailed reporting, which are essential for informed decision-making.

Exploring both free and paid options can help businesses understand the feature limitations and value propositions of different apps. Harvest offers a free 30-day trial, enabling businesses to experience its robust features without initial financial commitment. By testing apps through demos and trials, businesses can ensure they choose a solution that aligns with their operational needs and enhances project management capabilities.

Discover Harvest's Project Billing App

Explore Harvest's seamless integration of time tracking and invoicing. See how it enhances project management and profitability.

Screenshot showing Harvest's project billing app features.

Project Billing App FAQs

  • Project billing involves pricing services, creating invoices, and collecting payments per client agreements. It's crucial for maintaining cash flow and profitability, especially since 48% of invoices are paid late.

  • Look for features like integrated time and expense tracking, automated invoicing, project profitability analysis, and seamless integrations with tools like Asana. Harvest offers all these features, making it a robust choice.

  • Harvest seamlessly integrates time tracking with invoicing by allowing automatic time capture and converting billable hours into invoices. This reduces manual errors and streamlines the billing process.

  • Yes, Harvest supports various billing structures, including fixed fee and time-and-materials billing. This flexibility ensures it can meet the diverse needs of different projects and clients.

  • By automating invoicing and integrating payment processing, project billing apps help accelerate billing cycles and reduce payment delays, optimizing cash flow. Harvest enhances this with real-time insights into budget utilization.

  • Yes, some apps offer free versions, but they may have feature limitations. Harvest offers a free 30-day trial, allowing users to explore its comprehensive capabilities without initial costs.

  • Challenges include late payments, revenue leakage, and scope creep. Harvest tackles these with automated reminders, detailed reporting, and structured change management processes.

  • Harvest tracks expenses with receipt capture, linking them to specific projects. This ensures accurate billing and financial reporting, enhancing budget control and project profitability.