Harvest
Time Tracking
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Timesheet Software for Consulting Firms

Harvest is tailored for consulting firms, addressing revenue loss from unbilled work by ensuring precise time tracking and seamless invoicing.

Try Harvest Free

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 Indispensable Role of Timesheet Software in Consulting

Accurate time tracking is critical for consulting firms, as it directly impacts financial health and client satisfaction. Without precise records, firms risk losing up to 15% of billable work, translating to significant revenue loss. For instance, missing just 18 minutes daily at $150 per hour can result in a loss of approximately $10,800 annually. Effective timesheet software like Harvest addresses these concerns by ensuring every minute is accounted for, thereby preventing revenue leakage.

Beyond basic logging, modern timesheet software offers comprehensive tools for project management and profitability analysis. This evolution enhances the productivity of consulting teams, allowing them to focus more on client work rather than administrative tasks. Additionally, the rich reporting capabilities of solutions like Harvest provide transparency, helping firms justify their billing and improving client relationships.

Key Features to Look for in Consulting Timesheet Software

When selecting timesheet software for consulting firms, consider tools that offer automated and flexible time entry. Harvest excels with its one-click timers and manual entry options, accommodating diverse workflows. This flexibility ensures that all billable hours are tracked accurately, whether in real-time or retroactively.

Comprehensive billing and invoicing capabilities are also essential. Harvest supports various billing models, including hourly, fixed-fee, and retainers, making it easy to generate invoices directly from tracked hours. Additionally, robust reporting and analytics features provide insights into time spent per client or project, budget vs. actual comparisons, and profitability analysis. Seamless integration with tools like Asana and QuickBooks further enhances its utility, while mobile accessibility ensures tracking on the go.

Best Practices for Successful Timesheet Software Implementation and Usage

Successful implementation of timesheet software requires strategic selection and a phased rollout. Assess your firm's specific needs, focusing on usability and scalability. Consider deploying the software with a pilot group to refine processes before a full rollout. Harvest supports this approach with user-friendly features and comprehensive support.

Fostering a culture of accurate tracking is crucial. Establish clear policies for logging time, provide comprehensive training, and incentivize consistent entries. Harvest's approval workflows ensure the accuracy of billable hours, while automated reminders encourage timely entries. Regularly review time logs to identify discrepancies and optimize your workflow. Leveraging data from Harvest's detailed reports can refine resource allocation and decision-making for future projects.

Consulting Firms Trust Harvest

See how Harvest's timesheet software helps consulting firms track billable hours accurately and manage projects efficiently.

Harvest timesheet interface showcasing consulting project tracking.

Timesheet Software for Consulting Firms FAQs

  • Look for features like automated time tracking, flexible billing rates, robust reporting, and seamless integration with project management tools. Harvest offers all these and more, making it ideal for consulting firms.

  • Timesheet software enhances project profitability by ensuring accurate time tracking and billing, reducing revenue leakage. Harvest provides detailed reports that help analyze project costs and optimize resource allocation.

  • Yes, many timesheet software solutions, including Harvest, integrate with popular tools like Asana, Trello, and QuickBooks. This integration streamlines workflows and enhances productivity.

  • Track time in real-time using automated tools, categorize tasks by client and project, and regularly review logs for accuracy. Harvest supports these practices with its one-click timers and detailed reporting.

  • Harvest ensures accurate billing by allowing flexible rates per project and client, tracking billable hours meticulously, and generating detailed invoices directly from tracked time.

  • Data security is crucial as consulting firms handle sensitive client information. Harvest includes robust security measures to protect this data, ensuring client trust and compliance.

  • Yes, Harvest is scalable and suitable for large consulting firms. It offers enterprise-grade capabilities, detailed reporting, and the flexibility to manage multiple projects and clients simultaneously.