Date: Tuesday, 10th November
Understanding employee productivity is only part of managing a successful consulting practice. In this 15-minute on-demand webinar, we look at how Abtrac’s Productivity Analysis and Employee Work Done and Recoveries reports help you understand what happens after productive work is completed, from billing through to payments received.
This webinar is ideal for Directors, Principals, Practice Managers, and anyone responsible for managing project delivery, invoicing, and business performance.
Using real-world examples, we follow the journey from employee timesheets through to invoicing and recoveries.
We explore why these reports can be more useful when revisited over several months, rather than simply looking at the current or previous month in isolation. By comparing reporting periods, you can track whether productive work is progressing through the billing cycle and ultimately contributing to business revenue.
New to productivity reporting, or need a refresher? If you’re not already tracking employee productivity or utilisation in Abtrac, we recommend watching our July webinar, Productivity and Utilisation, alongside this session. It provides a useful introduction to understanding productive time and interpreting productivity reports.
In this session we cover:
- Productivity to Revenue – understanding the relationship between productive work, billing and recoveries
- Productivity Analysis – tracking how much productive work has been billed, and what is still waiting to be invoiced
- Tracking Work Over Time – comparing reporting periods to see whether productive work is progressing through the billing cycle
- Hours Worked vs Hours Billed – understanding the difference between work completed during a period and work eventually billed
- Employee Work Done and Recoveries – measuring employee contribution through billable hours, fee value, fees invoiced and payments received
- Understanding Fee Value – identifying the chargeable value of work completed, and how this differs from invoice and payment values
- Using the Reports for Management – identifying billing gaps, monitoring recoveries and asking better questions about business performance
Abtrac KB# 2295 | AV# 0048