Turn your agency into a profit engine with one decision
Automatic time tracking immediately increases the overall time tracking accuracy from 36-67% to 95%. Find out in our free trial how easy it is to get the most valuable data set to manage your agency.
Increased time tracking accuracy:
- Dramatically improved quotation & billing
- Increased paid workload & capacities for New business
- Controlling-driven profit-enhancing decisions
“Memtime has significantly improved the accuracy of our time tracking, which has directly impacted our net sales.“
Jim Cota
CEO, Rare Bird
Difficulties planning projects & resources?
Project and resource management are key to operating an agency that never runs out of cash and keeps clients happy. But to ensure that milestones and deadlines are met, project managers need project hours tracked as realistically as possible and updated daily by their colleagues. Which they rarely get.
Problems:
- Project cost estimation based on past projects is hard to do
- No realistic view of project health (no daily project hours)
- Projects suddenly exceed budget and time frame
- Over-servicing customers and allowing scope creep
Solution:
- Automatic tracking allows each employee to submit daily project hours within seconds - and at the same accuracy (95%).
Finally, we can realistically assess ongoing and future projects.
Always working - but small margins?
Many agencies work at full capacity and do great work for their clients - but they make too little profit and don't know why. In 90% of these cases, the reason is that they do their quotation and planning either based on instinct or based on inaccurate project hours.
Problems:
- No clarity on Utilization Rate - which indicates tomorrow's profit
- No realistic view of revenue per employee
- Wrong impression, which projects are really profitable
- Undercharging clients with insufficient pricing
Solution:
- By increasing time tracking accuracy from 36-67% to 95%, profitable activities and cash burners become visible.
We increased our billable hours by 20% in 6 months.
Time tracking always delayed?
Employees put off time tracking for a reason: Tracking project hours throughout the days is exhausting and distracts them from the work at hand. Besides, they get nothing out of it. No one has ever been promoted for good time tracking, only for good performance.
Problems:
- Time tracking will never be a priority for employees.
- The majority will always do it in retrospect.
- At the end of a day/week, it's hard to recall time usage.
- The hard part is not logging hours - it's to come up with them.
Solution:
- With a timeline to remember their activities, they do the hard part in seconds - and get their time tracking done every day.
Our time tracking is now accurate, complete and up-to-date.
Connect Memtime with your project software
Your software is not listed yet? Contact us! We connect any project software with open API in a few days.
Schedule a free consultation call
Free yourself from time tracking for 14 days
Our 14-day free trial remains free of charge. And your head remains free from time tracking. All you do is install Memtime and sit back.
You'll be surprised what it records for you in the background - while you focus on what really matters.
You'll be surprised what it records for you in the background - while you focus on what really matters.