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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.
When you're working on multiple jobs at one time and working under tight budgets and deadlines it is easy to underestimate the amount of time and money spent on a certain project. Sometimes your estimates will be too high, and sometimes they will be too low. Either way, it is bad for your business. Software can also make it easier to keep your job on time and on budget.
Additionally, because you are able to better track your billable hours, it will be easier for your clients to understand what they're paying for when they get their invoice. With the software you are guaranteed to be able to bill your client accurately and increase your income. This would give both you and your client peace of mind when it comes time to pay the bill.
Not only are you able to bill more efficiently, but you will actually be able to involve your client in a way that lets them know the progress of the project. It is incredibly easy to send your client a progress report as the project moves along. Also, this allows you to hold yourself accountable to the budget and the deadline you are working under.
This information is not just helpful in the short term, but also in the long term for you as the architect. You will be able to study the amount of time you spend on different phases of a job and use that information to formulate more precise quotes for future jobs. This will allow you to be more confident in the accuracy of your bids.
Finally, all of this information as a conglomerate will allow you to work smarter instead of harder. You will be able to decrease the inefficiencies in your work schedule and increase the number of jobs you are able to complete. In the end, this will allow you to increase your profits over time.
In short, project management software for architects will allow you to increase productivity and profits by keeping better track of your billable hours and helping you stay on schedule and on budget. You also have the ability to show the client a line item breakdown of what they were billed for and even keep them up to date with the job as it moves forward. Finally, the software allows you to aggregate all of this information to help you work smarter on future 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.
When you're working on multiple jobs at one time and working under tight budgets and deadlines it is easy to underestimate the amount of time and money spent on a certain project. Sometimes your estimates will be too high, and sometimes they will be too low. Either way, it is bad for your business. Software can also make it easier to keep your job on time and on budget.
Additionally, because you are able to better track your billable hours, it will be easier for your clients to understand what they're paying for when they get their invoice. With the software you are guaranteed to be able to bill your client accurately and increase your income. This would give both you and your client peace of mind when it comes time to pay the bill.
Not only are you able to bill more efficiently, but you will actually be able to involve your client in a way that lets them know the progress of the project. It is incredibly easy to send your client a progress report as the project moves along. Also, this allows you to hold yourself accountable to the budget and the deadline you are working under.
This information is not just helpful in the short term, but also in the long term for you as the architect. You will be able to study the amount of time you spend on different phases of a job and use that information to formulate more precise quotes for future jobs. This will allow you to be more confident in the accuracy of your bids.
Finally, all of this information as a conglomerate will allow you to work smarter instead of harder. You will be able to decrease the inefficiencies in your work schedule and increase the number of jobs you are able to complete. In the end, this will allow you to increase your profits over time.
In short, project management software for architects will allow you to increase productivity and profits by keeping better track of your billable hours and helping you stay on schedule and on budget. You also have the ability to show the client a line item breakdown of what they were billed for and even keep them up to date with the job as it moves forward. Finally, the software allows you to aggregate all of this information to help you work smarter on future jobs.
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