Harvest
Time Tracking
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What Is Time Tracking

Harvest is a time tracking tool that increases productivity by up to 25%, ensuring accurate billing and reducing revenue loss from untracked hours.

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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

How this utilization rate calculator works

Utilization is the share of paid working hours that are actually billable, and small gaps add up fast.

  • Utilization rate = billable hours ÷ available hours.
  • Revenue = team size × hours per week × utilization × billing rate.
  • Revenue gap = revenue at your target utilization − revenue at your current rate.

The annual opportunity is that monthly gap carried across the year.

What Is Time Tracking with Harvest

Explore how Harvest's time tracking enhances productivity and billing accuracy, showcasing project entries and reports.

Harvest time tracking interface, showing project and task time entries.

What Is Time Tracking FAQs

  • Time tracking is the process of recording the time spent on tasks or projects, often using tools to log hours and generate reports. It helps monitor productivity and manage workloads effectively.

  • Time tracking improves productivity by 25% and enhances billing accuracy. It helps identify inefficiencies and streamline operations, leading to increased profitability.

  • Time tracking reveals work patterns and time drains, fostering focus and accountability. Users of time-tracking tools typically see a 25% productivity boost.

  • Methods include manual entry with spreadsheets or automated tools like Harvest, which offers start/stop timers and detailed reporting for accurate time management.

  • Accurate time tracking ensures that all billable hours are recorded and invoiced correctly, preventing revenue loss and ensuring fair compensation.

  • Harvest integrates seamlessly with tools like Asana, Trello, and Jira, allowing users to track time within their existing project management workflows.

  • Yes, Harvest allows you to track expenses with receipt capture, ensuring comprehensive project cost tracking and budget management.