Harvest
Time Tracking
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Time Tracking App for Cfos

Harvest offers CFOs a robust time tracking solution that integrates seamlessly with accounting software to enhance productivity and financial reporting accuracy.

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How much revenue is your team leaving on the table?

Most agencies run at 55-60% utilization. Even a small improvement means significant revenue. See what closing the gap looks like for your team.

Number of people who track billable time
$
Blended rate across roles (junior, senior, lead)
55%
Percentage of total hours that are billable. Industry average is 55-60%.
75%
A realistic target for service businesses is 70-80%.
Monthly revenue gap $0
Revenue at current utilization $0/mo
Revenue at target utilization $0/mo
Extra billable hours needed per person/day 0h
Annual revenue opportunity $0

Start tracking team utilization

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

The CFO's Imperative: Transforming Time Tracking into a Strategic Asset

For CFOs, time tracking is not just an administrative necessity but a strategic asset that directly influences financial health. Accurate time data plays a crucial role in profitability, budgeting, and forecasting. Mismanaged time tracking can lead to compliance issues and financial penalties, with non-compliance fines reaching up to $10,000 per recordkeeping failure. Furthermore, organizations that effectively manage time tracking can achieve up to a 45% boost in productivity, highlighting its impact beyond mere payroll processing.

Harvest empowers CFOs by providing a comprehensive time tracking solution that goes beyond basic payroll functions. With features like real-time financial reporting integration with accounting software such as QuickBooks and Xero, Harvest ensures that CFOs have the data they need for strategic decision-making. Additionally, its robust compliance tools help mitigate risks associated with evolving labor laws, providing peace of mind and financial security.

Essential Features of a CFO-Centric Time Tracking Solution

CFOs require a time tracking solution that offers comprehensive labor cost visibility and seamless integration with existing financial systems. Harvest excels in providing detailed labor cost visibility by calculating internal costs through team cost rates and expenses, aiding in accurate budgeting and forecasting. This feature is essential for understanding true cost analysis across projects and tasks.

Integration capabilities are crucial, and Harvest's ability to connect with accounting platforms like QuickBooks and Xero ensures automated data flow. This connectivity reduces administrative burdens and enhances financial oversight. Furthermore, Harvest's robust reporting and analytics offer customizable dashboards that provide real-time insights into utilization, project profitability, and budget adherence, empowering CFOs with actionable intelligence.

Driving Productivity and Financial Performance with Time Data

Utilizing time data effectively can significantly enhance productivity and financial performance. By leveraging Harvest's real-time insights, CFOs can optimize resource allocation, identify inefficiencies, and make informed staffing decisions. This proactive approach can reduce labor costs by up to 15% within the first year, demonstrating substantial financial benefits.

Accurate billing and invoicing are critical to minimizing revenue leakage. Harvest ensures that all billable hours are captured and correctly applied, reducing client disputes and enhancing cash flow. Additionally, improved project management through Harvest allows CFOs to monitor project progress and budget consumption, preventing bottlenecks and keeping initiatives on track.

Implementing and Maximizing Your Time Tracking Investment

Successfully implementing a time tracking solution requires strategic planning and consistent optimization. Harvest offers a user-friendly interface that fosters adoption across all levels of an organization. Ensuring clear communication of time tracking policies and providing employee training are essential steps in maximizing the benefits of time tracking investments.

Regular audits of time data and reports help identify areas for improvement and ensure compliance. Harvest's customizable approval workflows allow finance teams to tailor processes to their specific needs, enhancing accuracy and efficiency. Understanding pricing models and evaluating the total cost of ownership against projected benefits are crucial for CFOs to ensure a positive return on investment.

Harvest for CFOs

See how Harvest enhances CFO productivity with time tracking, real-time reporting, and seamless accounting integrations.

Harvest time tracking app dashboard for CFOs

Time Tracking App for Cfos FAQs

  • A time tracking app for CFOs should include integrations with accounting and payroll software, detailed labor cost analysis, compliance tools, and robust reporting features. Harvest offers these capabilities, ensuring seamless data flow and insightful analytics.

  • Harvest integrates with popular accounting software like QuickBooks and Xero, allowing CFOs to access real-time financial data. This integration facilitates automated data transfer, reducing manual errors and enhancing financial reporting accuracy.

  • Yes, a time tracking app like Harvest helps ensure compliance by maintaining accurate records of hours worked, overtime, and breaks. This is crucial in adhering to labor laws and avoiding penalties, which can reach up to $10,000 per recordkeeping failure.

  • Harvest enhances financial reporting by integrating with accounting software and providing detailed labor cost visibility. It offers robust analytics that support budgeting, forecasting, and strategic decision-making, making it an invaluable tool for CFOs.

  • Harvest's pricing typically ranges from $4 to $28 per user per month, depending on the plan selected. Custom enterprise solutions are also available, tailored to the specific needs of larger organizations.

  • Harvest prevents timesheet fraud by offering one-click timers and integrations with tools like Slack and Asana, ensuring accurate and timely data entry. This reduces the risk of inflated hours or buddy punching, enhancing data integrity.

  • Harvest offers real-time insights into project progress and budget consumption, helping CFOs keep initiatives on track. Its detailed reporting and analytics aid in identifying potential bottlenecks and optimizing resource allocation.