No matter what industry you are in, there is always a more efficient way to keep track of your billable hours. Any inaccuracy or flaw in your system can cause you to lose money. The same can be said for architects and their billable hours. There is a solution to this conundrum, however. Project management software for architects is an excellent way to record your billable hours and progress of your jobs.
You may wonder how you keep track of your time when not all billable hours are charged at the same rate. It's too time-consuming to keep track of this information yourself and too expensive to hire someone to do it for you. That is where software can drastically increase your productivity and profits.
With the stress of having to deal with several jobs at one time, constrained budgets, and hard deadlines it's a wonder anyone can track the number of hours billed to a project. It's too difficult to guess how much time was spent on a project after the fact. Actually, this can be downright catastrophic if your guess is less than the actual time spent on the project. This is where software can help.
This information also makes it easier when it comes time to send an invoice to your client. Not only are you able to maximize your profits by making sure you are billing for every possible hour spent on the project, but your client is also able to see exactly what they are paying you for. After all, you wouldn't expect to pay a bill you were handed without knowing what it is you were paying for.
Also, clients have the need to be always kept up to date about where you are at in your assignment. With software, it is as simple as a few mouse clicks to give them a full report about the progress of the job. This allows you to help the client feel like they are involved throughout the process and keep you on schedule.
Also, this information will be helpful to you as the architect, because you will be able to compile data on how much time you spend on different phases of the job. This data will be very helpful in the future for developing a better way to increase the accuracy of your bids on jobs and help mitigate unexpected increases to your budget.
With this ability to see your time spent on multiple projects over a long period of time you will also have the ability to make yourself more efficient. You will be able to evaluate what parts of a project take the longest which will help you be able to find ways to prioritize your time. This will not only help you become more efficient, but also help you complete more jobs and bring in more money.
Overall, project management software for architects is an excellent way to keep track of your billable hours, keep yourself on schedule and on budget, show clients exactly what they are paying for, and keep them involved throughout the process. Also, on a larger scale, you will be able to use the information the software gathers to increase the accuracy of your quotes and make yourself more efficient. In the end, all of these things will help you make more money.
You may wonder how you keep track of your time when not all billable hours are charged at the same rate. It's too time-consuming to keep track of this information yourself and too expensive to hire someone to do it for you. That is where software can drastically increase your productivity and profits.
With the stress of having to deal with several jobs at one time, constrained budgets, and hard deadlines it's a wonder anyone can track the number of hours billed to a project. It's too difficult to guess how much time was spent on a project after the fact. Actually, this can be downright catastrophic if your guess is less than the actual time spent on the project. This is where software can help.
This information also makes it easier when it comes time to send an invoice to your client. Not only are you able to maximize your profits by making sure you are billing for every possible hour spent on the project, but your client is also able to see exactly what they are paying you for. After all, you wouldn't expect to pay a bill you were handed without knowing what it is you were paying for.
Also, clients have the need to be always kept up to date about where you are at in your assignment. With software, it is as simple as a few mouse clicks to give them a full report about the progress of the job. This allows you to help the client feel like they are involved throughout the process and keep you on schedule.
Also, this information will be helpful to you as the architect, because you will be able to compile data on how much time you spend on different phases of the job. This data will be very helpful in the future for developing a better way to increase the accuracy of your bids on jobs and help mitigate unexpected increases to your budget.
With this ability to see your time spent on multiple projects over a long period of time you will also have the ability to make yourself more efficient. You will be able to evaluate what parts of a project take the longest which will help you be able to find ways to prioritize your time. This will not only help you become more efficient, but also help you complete more jobs and bring in more money.
Overall, project management software for architects is an excellent way to keep track of your billable hours, keep yourself on schedule and on budget, show clients exactly what they are paying for, and keep them involved throughout the process. Also, on a larger scale, you will be able to use the information the software gathers to increase the accuracy of your quotes and make yourself more efficient. In the end, all of these things will help you make more money.
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