Category Archives

Time Tracking Software

  • May 08,2018

Put the data you generate in BigTime to good use with our pre-built time reporting. They’re an easy way to get details on a variety of topics, including projects, tasks, resource allocation, and invoicing. Plus, you can customize a pre-built report by adding or removing columns, or adjusting the date range.

These reports also make sharing information convenient. Generate a task report to use in your staff meeting. Email an invoicing report to a client. Or create a pre-built resource allocation report to help plan for the quarter ahead. Read on to learn how to access and customize a pre-built report, and the type of reports available to you.

Find pre-build reports in your Report Center (Reports….Report Center). At the top of your window, you’ll see four categories: Time Tracking, Invoicing, Payroll, and Task List. Each category has its own tile and several pre-built reports. (NOTE: Click the tile with the magnifying glass to make a custom report).

Let’s look at the Time Tracking tile as an example of the pre-built reports you have access to (see image below).

Under this tile, notice a pre-built report titled Timesheet Summary by Date Range (see image below). Click View Report to view it. This summary report shows you timesheet data by client, staff member, and categories for a specific time period.

Edit the date range by clicking Edit Report Settings at the top of the report. A new window will pop up and you can enter a start and end date in the respective textboxes.

Customize the pre-built report by clicking the Customize button near the top-right of your window, and select Customize from the picklist. Now you can add or remove columns.

Other time-related reports are located directly beneath this summary one. Hover over the ‘i’ icon to learn about the report before you generate it. You can also customize these reports, by editing the date range or adding or removing columns.

Check out additional reports near the bottom of your Resource Center window, under the header All Reports. This is where you can generate reports on resource allocation. Some of the reports from the four tiles at the top of your Report Center window also appear in this section.

The next time you’re rushing to find the status of your projects, billable staff hours, or resource allocation details by week or month, among a host of other topics, take a look at your Report Center to see the reports at your disposal.

  • Nov 16,2017

Running a consulting business is no easy feat. You’re managing multiple clients and projects, staying within budget, and hitting deadlines. Tracking time accurately is equally important. Erroneous time entries are a sure-fire way to tarnish your reputation. And as any business owner can attest, your reputation matters.

With this in mind, BigTime has several features to track time easily and precisely. Read on to learn more.

1. Customizable Timesheets with Notes

BigTime offers customizable timesheets. Add or remove timesheet columns and rename them so they’re firm-relevant. You can also require staffers to enter notes for each time entry. As it turns out, these notes matter.

Customizable Timesheets

Note: your timesheet may look different, since the system admin may add more fields and/or modify the field name.

According to our 2016 study, timesheet entries with notes consisting of 140 characters—the length of a tweet—yield a 4.95% higher billing realization rate compared to those without notes. Our study suggests that daily submission of timesheets with notes could increase billings by $35 billion for the small to mid-size US professional services market.

2. Timers Convert to Timesheet Entries

We’ve updated our timer feature to make it even easier to track time against a project or client. Although you can only have one timer running at once, you can easily switch among multiple timers. For example, start a timer as you write a report for Project A; then pause it and start a new one when you take a call from a client for Project B; pause the timer for Project B so you can attend your lunch meeting for Project C.

Then, have BigTime automatically convert timers to your timesheet. This saves you a step, and helps you accurately track your hours.

Timers for Timesheets

3. Mobile App for Tracking Time on the Go

Track your time when you’re on the run. Download the BigTime app on your iPhone and Android, and you’ll have convenience at your fingertips. Enter your hours manually after your lunch meeting and start another timer as you being your afternoon appointment on your smartphone.

Mobile Time Tracking

Because BigTime is cloud-based software, you can use it across devices and anywhere with an internet connection. Gone are the days of relying on your memory: access BigTime on your phone or laptop at home or in the office to log your hours.

There’s no simple answer to successfully running a consulting business. However, BigTime can help you take care of a small, but crucial detail: accurately tracking time.

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  • Jul 12,2017

When you’re searching for the right time and billing software to run your firm, you need to know what questions to ask a vendor. You’ll save time (and money) in your software selection process when you ask these essential questions.

Is Their Time and Billing Software Customizable?

  • Can terminology be personalized by industry?
  • Can you make certain timesheet fields mandatory?
  • Can you customize invoices?
  • Can you customize reports for your purposes?
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Can the Vendor Accommodate Variable Billing Rates?

  • Do they make it easy to adjust rates based on a staffer, a role, or a task?
  • Can they manage variable rates that also change from project to project?
  • Can they edit a rate on an invoice without changing the base rate?
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Is the Time and Billing Software Capable of Scaling as You Grow?

  • Can you manage budgets in real time?
  • Can you manage tasks and their budgets?
  • Is there a review and approval workflow?
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How Easily Can  You Add Users?

  • Does the time and billing vendor require that you pay for a new user immediately?
  • Do you have to fill out paperwork every time you add a user?
  • Can your new user access free online training tools?
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How Often do Updates Go Out? Are You Notified?

  • Does the time and billing vendor practice customer-informed development?
  • Does the vendor have a roadmap for additional features or fixes?
  • Does the vendor offer free training on how to use new features?
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Does the Vendor Charge for Product Integrations?

  • Does the vendor’s software integrate with other productivity applications?
  • Will you need an IT specialist to make the integrations work?
  • Will the time and billing software vendor help you troubleshoot integration problems?
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What Kind of Support and Training Resources are Available?

  • Will the vendor be there for you when invoices have to go out today?
  • Does the vendor have a training plan to get you up and running fast?
  • Does the vendor continuously update their knowledge base and training video library?
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Get All 7 Questions and understand why they’re important. We hope the guide helps you prepare to ask time and billing software vendors all 7 essential questions. And that you’ll be listening to see if they ask the right questions of you.

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We Can Help You Select the Right Software

In a 10-minute call, we can help you identify the software features that you need to manage your firm. No sales pressure. Just guidance and good advice.

Email [email protected] or call 312-346-4646.

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BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year.

 

 

  • Jun 27,2017

At a recent American Council of Engineering Companies (ACEC) meeting, the talk at our table was about the value gap. Clients and municipalities are cost-conscious, and rightly so. They are mandated to get the best possible price for a project.

Engineering firms, on the other hand, must provide competitive pricing in order to compete in the marketplace. But the lowest price doesn’t accommodate the cost of value. That’s the value gap.

The Cost Value Gap

As described at the ACEC lunch, the cost of value is the work that a firm does to ensure that a project is successful. Work that is often invisible to the client and frequently unbilled.

For example, firms manage vast amounts of project data. They carry the cost of hosting the data, keeping it secure, and tagging it so it’s easily retrieved. Project data management is a valuable service. Yet firms rarely bill for it because clients don’t associate the cost of this service with the value it provides.

Another Example of the Cost Value Gap

Firms end up owning relationships with entities hired by the client. Think public utilities or construction companies.

The firm takes on the responsibility of collaborating with the entities they had no hand in hiring. To ensure that the project succeeds, the firm keeps the client informed about, well, everything: work order changes, potential cost overruns, delays and so on. This level of collaboration and communication consumes firm resources but clients don’t equate the cost of this service with the value they receive.

As the conversation died down, firm owners and project managers shrugged their shoulders, agreeing that they just couldn’t be competitive if they included the cost of value in a Request for Information (RFI). They’d be out of the running. And that’s bad for business.

Close the Cost Value Gap With Information

In his seminal book “Managing the Professional Service Firm,” David H. Maister devotes an entire chapter to How Clients Choose [a firm]. It’s entirely relevant to closing the cost-value gap.

Maister writes, “From the buyer’s perspective, the two stages [of selecting a firm] are experienced as qualification and selection.” Master goes on to say that qualification is a rational, logical process based on the evaluation of a firm’s competency.

Firm selection, on the other hand, is much more personal and intuitive. It is largely based on the firm’s ability to be helpful to the client. As Maister puts it, “Give me some new information.” Information that I [the client] will find useful, that will help solve my problems. And it has to be the kind of information that I can believe in, that’s documented and demonstrable.

How to Get the Data That Demonstrates Value

Consider running your firm in the cloud. If you’re trying to manage people, projects, and billing with spreadsheets and disconnected applications, it’s a time-consuming hassle to collect accurate data. This applies equally to your firm management and your ability to document costs and demonstrate value to your client.

In their paper, “The Industry Software Revolution,” authors Brian Feinstein and Trevor Oelschig write, “The value of running your firm in the cloud is its ability to connect people on a job site or anywhere in the world with shared data in a collaborative environment.”

Think about connecting your project delivery workflow with an online app. In order to sell your value to a client, you have to know what it costs you to deliver services. An online time and billing application can capture data at every point in your project workflow, as shown in this diagram.

Get Clients Table 2

Many service professionals, regardless of industry, are experts in their particular field but they don’t start out as experts in managing a firm. An online time and billing application is kind of like an MBA in a box. Except there’s no box because it’s in the cloud. Regardless, this type of application provides real-time visibility into what’s going on with a client’s project. Exactly the kind of data that you need to communicate your firm’s value.

7 Ways You Can Use Data to Communicate Value

Calling upon Maister one last time, here are 7 ways you can use your command of data to help you communicate your firm’s value.

  1. Tell the client something they don’t know.

Give your client context. Without disclosing proprietary information, draw parallels between similar kinds of projects. Let your client know how their project compares to another in terms of budget vs actual, staffing allocation usage, even project data file size. Tell the client something they don’t know.

2. Tell the client something they need to know.

Give your client a heads up. If a project budget is at risk for an overrun that’s something your client needs to know. But when you alert the client before there’s a budget overrun and you have ideas about how to prevent it, that’s more than something they need to know. That’s valuable.

3.  Bring useful information to meetings.

Use your command of data to inform and advise during meetings, even those that come up at the last minute. You can open up a dashboard to confirm a project budget Not-to-Exceed (NTE) amount. Or show your client that the hours actually worked on a project task are getting close to the hours allocated. Then deliver even more value and help your client arrive at a solution.

4.  Show what you’re doing and why it matters to the client.

Set up a regular cadence of communication with your client. It doesn’t matter how easily you can access project information if you don’t form the habit of communicating it to your client. It’s important to share project status updates and discuss options to avert potential problems like a cost overrun. It’s just as important to listen to your client. Be there. Fully present. And listen. That’s invaluable.

5.  Involve the client in major project milestones.

Give your client something to celebrate. Create a shared sense of accomplishment. Review the project information with your client—things like project stages, due dates, staffer assignments, budgets, and percent complete. Nothing communicates value like success.

6. Inform the client about consequences of a change in scope.

Be constant, steady, and reliable in your client’s changing landscape. Use the data you’ve captured across many client projects to accurately forecast the cost of a change in scope. You’ll be of value to your client and you’ll be confident that your firm can afford to take on the work if offered.

  1. Be helpful beyond the specifics of the project scope.

This excerpt from“Manage Your Manager,” a training by Dr. Todd Dewett says everything that needs to be said on the subject. “Being a helpful person is not only the right thing to do in a professional context, but it’s one of the best ways to ensure that long term, the people you’re helping will be willing to help you.”

Learn more about using data to communicate your value. We’re here to help. Because if you succeed, we do too.

Let's Talk Value

 

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BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year.

 

  • Jun 22,2017

As a time and billing software company, we’re always on the lookout for articles about time management. You see, we help thousands of service firms run more successful businesses with online time tracking, project management, and reporting. And all of those things are related to time: tracking it, connecting it with firm workflows, and capturing the data associated with it.

We really like quick tips on how to make the most of the time we have at work. We enjoyed reading “10 Tips on Time Management Within the Workplace” so we’re sharing it with you. The approximate reading time is 5 minutes.

Forming Good Time Management Habits

Habits, at least the good ones, help us streamline our routines in positive and productive ways. We don’t have to think about flossing. It’s just something we do. (We’re all flossing, right?)

Counter-Intuitive Time Management Habits

But good time management habits sometimes go against the norm. For icon_work_2instance, free software trials are an industry standard. We’re delighted when someone wants to independently explore our product. But the truth is, most people don’t have the time to find their way around a new software application. That’s why we think free software trials are a waste of time for most people.

Why Free Trials Aren’t Good Time Management Hand_Clock_Icon

We have hundreds of free trial sign-ups every month. These folks have the best of intentions. But a lot of the time people don’t use the free trial because software evaluation isn’t their job. It sounds like a good idea. But it’s not a good use of their time.

A Time Management Tip

Here’s our time management tip. Skip the free trial. Focus on running your Jamdsjale_Iconbusiness. And outsource your software evaluation to the people who do that for a living.

Our sales team has educated thousands of service firms about our product. But it’s not about us. It’s about you. And how you can run a smarter and more profitable firm with our time billing software.

If you’re looking for a better way to manage both your time and your firm, Skip the free trial. Let’s talk.

Let's Talk!

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BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year.

  • Jun 01,2017

A recent article from the Wall Street Journal revealed that U.S. companies increased spending on consulting by 7.1 percent in 2016 as more businesses sought advice on cybersecurity, according to a report by Source Global Research.

Spending on management-consulting reached $58.7 billion last year. The pace of hiring outside advice rose fastest in the pharmaceutical industry, though financial services companies maintained their dominance over the market, with cybersecurity advice as the fastest-growing segment. According to new research from American Express and Dun & Bradstreet, business services are the fastest growing segment in the middle market.

Companies Push for a Return on Investment from Consulting Work

Fiona Czerniawska, director of Source Global Research said about the demand for cybersecurity advice, “I can’t see how it stops.” She also cautioned that consulting firms are often seen as able at optimizing back-office tasks, but are not seen as the people you need to grow your business.

Time Billing Software to Position Your Firm as a Strategic Advisor

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BigTime iPhone and Android app for time tracking and expense reporting.

 

We can see the raised eyebrows. But look at it this way. A strategic advisor is a value-add role. Your expertise is the price of admission. Your breakout ideas will get attention. But your value is associated with your insight. And your insight is based on data – the data you’ve captured with time billing software, starting with online timesheets and expense reporting.

The Value of a Connected Project Management workflow

The time and data you enter are associated with a client project. More than that, time and data are associated with, well, even more data: the project budget, tasks, even sub-tasks and its budgets, billing and invoicing, and finally, real-time reporting.

The Value Added Advisor

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Suddenly you’re the go-to person for valued insight based on real-time data that’s easy to access. When your clients ask, “How’re we doing?” you can do more than answer the question. You can tell your clients how they can grow their business.

Read the WSJ article

 

To keep up with BigTime’s firm management tips, tech trends, and time and billing research studies, subscribe to our blog

BigTime Software delivers real-time, metrics-driven time and billing software for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year.

  • Mar 09,2017
online timesheets - 3 things you need to know about

1. Online timesheets are about more than time. They’re really about data.

Brian Saunders, CEO of BigTime Software knows a thing or two about online timesheets. When asked why we even bother to track time he said, “It’s because the stuff on a timesheet is really data. And the whole point of tracking time is to collect this data and then use it to make better business decisions.”
As the owner of his own IT consulting firm Saunders was frustrated with the time tracking problem, its lack of connection to business processes and the absence of insight into his firm’s performance. It was a classic case of profound irritation that prompted the development of a software solution. The solution became the time billing software company BigTime.

2. Online Timesheets Reveal Your Firm’s Position in Relationship to Time.

Back to BigTime CEO Brian Saunders. “When you first start a firm you’re small, you know everybody, you know what everyone is working on. But as you succeed and hire more people you know less and less about what’s actually going on. You feel lost. And that’s disturbing.”

Navigating Your Relationship to Time through Treacherous Waters

The relationship between time and the navigation of dangerous waters, business or seafaring, is not a new challenge. In her book The Longitude Dava Sobel wrote, “Thousands of sailors’ lives, and the increasing fortunes of nations, hung on the resolution of this 18th century problem of longitude — the inability to know the time aboard ship in relationship to the time at the home port or another place of known longitude.
To convey the gravity of the longitude problem Sobel explains, “Every hour’s discrepancy between the ship’s clock to local noon translates into another 15 degrees. Those same 15 degrees of longitude correspond to a distance traveled. At the Equator, where the girth of the Earth is greatest, 15 degrees stretch fully one thousand miles.”

Mobile Time Tracking Apps as the 21st-century Chronometer

Lacking the ability to measure longitude, sailors throughout the great ages of exploration had been literally lost at sea as soon as they lost sight of land. After almost 35 years and 4 prototypes later, John Harrison’s mechanical chronometer solved the longitude problem in 1762.
Professional service firms had to wait a bit longer before the cloud and mobile timesheet apps could show the relationship between time and activity and the firm’s position in terms of profitability.

3. An Online Timesheet is Data. 12 Million Timesheets are Big Data.

In a blog post for Forbes titled Big Data: It’s Not a Buzzword, It’s a Movement, Silicon Valley venture capitalists Sanjeev and Sandeep Sardana interviewed Mayank Bawa, co-president and co-founder of Teradata Aster. He had this to say.
“By processing secondary research, organizations can extract business intelligence from already collected data.  This data repurposing can provide important insights for a company despite the fact it may be an unintended consequence.”

Time Billing Software to Insightful Analysis of Big Data

Five years ago, BigTime CEO Brian Saunders probably wouldn’t have guessed that his company would be part of the Big Data movement. “You don’t start out saying ‘I’m going to develop a set of data that I can use to help professional firms run more effectively,’” he said. “You head out in one direction, and keep an eye out for potential value.”
Saunders continues, “The thing that makes Big Data so compelling is that cloud companies, like BigTime, have created multi-tenant data warehouses. It’s really a gold mine of information that has the potential to help our customer base elevate their business in a way that they couldn’t if they were on their own.”

BigTime Conducts Research Study of 12 Million Timesheets

The BigTime study is unique in ways beyond its economic valuation of timesheet data. The scale of the project, analysis of 12 million timesheets, has not been undertaken before.
When asked why BigTime invested the resources in undertaking the study, Chairman John Howell explained, “Our purpose has always been to help our professional service firm customers be more profitable. This research is consistent with that philosophy. It’s another way that we can leverage the data our software captures to help our customers, and the industry at large, achieve greater economic success.”
Howell points out that the study is also about “metadata” which is “data about data”. For example, the data in timesheets consists of hours worked on behalf of a client. The metadata in timesheets tells you when the timesheet was completed, submitted and approved. Metadata can be extremely valuable in guiding business decisions.
If you find yourself dismissing the value of the online timesheet, stop long enough to remember that your time tracking software is collecting data, the information you need to run a more profitable firm.

To keep up with BigTime’s time billing research studies, subscribe to our blog.
BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year.

  • Jan 27,2017

Time management is the ability to plan and control how you spend the hours in your day to effectively accomplish your goals, according to Psychology Today. Experts in this arena seem to agree, and there are countless theories behind the most productive habits. Kevin Kruse even shared his findings from research and interviews with ultra-productive billionaires, Olympic athletes, straight-A students, and over 200 entrepreneurs in his book 15 Secrets Successful People Know About Time Management.

With this expert advice in tow, here are three must-have time management skills we think professional service firm owners like you ought to know.

Time management skills for professional service firms

Set and Align Time Management Goals with Your Calendar

Any goal that’s important to you, success, health, loving relationships, changing the world, whatever those things may be, should show up in your schedule. That’s advice from Keith Rabois, someone who knows a thing or two about building successful companies, having been a key player at Square, Yelp, PayPal, and LinkedIn.

In an interview with Inc., Rabois said that when he invests in a new company, he conducts a “calendar audit” to make sure business owners are spending most of their time on what’s important. “Time is a finite resource,” Rabois says. “Matching your priorities against your time is important.”

Connect Priority Tasks with the Right Schedule

In July 2009, Paul Graham, programmer, writer, and investor wrote a well-known essay about two types of working schedules. There’s the manager’s schedule, a day cut into one-hour intervals with lots of meetings. And there’s the maker’s schedule, often preferred by people who function best with large blocks of uninterrupted time, like programmers and writers. As Graham said, “you can’t write or program well in units of an hour.”

Monitor Where Your Time Actually Goes

As a professional service firm owner, you may be frequently interrupted or pulled in different directions. While you cannot eliminate interruptions, you can use your schedule to minimize them.

Block out manager time to work in your business; meetings, staff development, emails, and calls. But also block out maker time to work on your business; goals, strategy, and new opportunities. Supporting the importance of maker time, the ever-quotable Albert Einstein once said: “It’s not that I’m so smart, it’s just that I stay with problems longer than anyone else.”

The point is, time is finite and we can’t create more of it, but we can make the most of it with time management. That’s where monitoring your time with a mobile timesheet app really helps. It’s even more critical that the time data you enter be associated with a project, a client, or even non-billable time that’s tied to a long-term “maker’s” goal.

Don’t Do More – Do What Matters

One thing is clear from all this advice: time management isn’t just about the efficient use of our time. It’s the alignment of our actions with what’s important to us.

There will never be enough time for everything. We can’t pursue every opportunity, explore every path, or say yes to everyone. No matter how productive we are, there is only enough time for what truly matters. And that’s something each of us has to figure out.


BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year. Their flagship product is a SaaS-based system that is custom-built for the professional services industry – specifically, Accounting, Architecture and Engineering, Consulting, Creative, Government Contracting, IT Services and Legal firms. BigTime is a venture-funded company based in Chicago committed to helping clients run professional teams more efficiently, unlocking potential revenue and improving profitability within the knowledge economy.

  • Nov 10,2016

Research Reveals $35 Billion in Billings is Lost Every Year

A recent study by BigTime Software, a cloud SaaS provider of time management software for professional services firms, found that $35 billion in billings is lost every year because of poor or nonexistent notes supporting employee time entry.

Previous studies, including one published in the Harvard Business Review last year, surveyed timekeepers own opinions on how valuable their time entries were. The BigTime study is unique in that the time management software company used economic value, rather than opinions, as a more neutral yardstick.

BigTime Big Data Study 2016 Uncovers value of Time Tracking

Unique In Scope

The study is unique in ways beyond its economic valuation of data. The scale of the project, analysis of 12 million timesheets, has not been undertaken before.

Quoting Saunders, “The study is so groundbreaking because of the large amounts of metadata collected by BigTime data analyst Matt Kwiecien – including what location the time was entered from and even what device was used to enter the data. Other studies fell short because they simply asked users opinions on the value of the data and didn’t review the data collected.”

Insightful Findings With a Practical Payoff

The findings reveal that more value was placed on an employee’s activity notes rather than on “real time” data entry. In other words, the data indicate that it is more valuable for businesses to know what theIr employees are working on rather than exactly when they enter their time, as long as it’s every day or so.

Interestingly, the activity notes don’t have to be more than a few keystrokes. Big Time’s study showed 140 characters, essentially a Tweet, is enough to support a more billable note. Time tracked the next morning was found to be equally billable in the study.

Of special interest to small- and mid-sized firms is that they can increase realization by $5,000 to $10,000 per employee annually by adding notes to the time entry, regardless of when the notes are entered.

Potential of Big Data Realized to Help Firms Succeed

Five years ago, BigTime CEO Brian Saunders probably wouldn’t have guessed that his company would be part of the Big Data movement. “You don’t start out saying ‘I’m going to develop a set of data that I can use to help professional firms run more effectively,’” he said. “You head out in one direction, and keep an eye out for potential value.”
Saunders continues, “The thing that makes Big Data so compelling is that cloud companies, like BigTime, have created multi-tenant data warehouses. It’s really a gold mine of information that has the potential to help our customer base elevate their business in a way that they couldn’t if they were on their own.” For more, read the article on AccountingWeb.com.

BigTime’s Study Isn’t About Big Data. It’s About Discoveries Made Using Big Data

When asked why BigTime invested the resources to undertake the study, Chairman John Howell explained, “Our purpose has always been to help our professional service firm customers be more profitable. This research is consistent with that philosophy. It’s another way that we can leverage the data our software captures to help our customers, and the industry at large, achieve greater economic success.”

Howell emphasized, “BigTime’s study isn’t about big data. It’s about the discoveries we made using big data. The fact that note length and timely entry increase billing realization is of immediate value and useful even if you don’t use our product.”

The Study Is Mathy And Here’s Why

Admittedly, the BigTime study is long on math and deliberately so. The research was meticulous and thorough in the coverage of what was analyzed. BigTime wanted consumers of this information to know that it is credible, worthy of being shared, and sufficiently important to establish industry best practices. While we realize most readers will not dive into the details, they are there for those who are interested. Read the abbreviated version of the study.



BigTime Software delivers real-time, metrics-driven time tracking, billing and project management for more than 2,000 professional firms, tracking over $2 billion (USD) worth of billable time each year. Their flagship product is a SaaS-based system that is custom-built for the professional services industry – specifically, Accounting, Architecture and Engineering, Consulting, Creative, Government Contracting, IT Services and Legal firms. BigTime is a venture-funded company based in Chicago committed to helping clients run professional teams more efficiently, unlocking potential revenue and improving profitability within the knowledge economy.

  • Jul 29,2016

John S. Howell, Jr., Executive Chairman of BigTime Software, Inc. was recently interviewed by The Huffington Post to find out where the industry of time and billing software is heading with millennials.

64% of millennials say they consider work from home a higher priority than compensation when taking on a new job.

“Millennials don’t want to be restricted to just working from their desk on a Windows machine,” Howell said. “They want to use Macs, Chromebooks, smartphones and tablets. This helps productivity, it helps them pursue other interests and ventures and keeps them more satisfied in their jobs.”

Managing Millenials and The Future of Time and Billing Software - Read the Huffington Post Article

As everything is moving to the cloud, time and billing software is no exception. The cloud makes it possible for companies to manage multiple projects from multiple locations and is easier for employees to use. And, millennials can use it whether working from home or the beach.

Quoting Howell, “One of the underappreciated elements of cloud computing is the ease with which vendors can integrate their applications behind the scenes for a completely seamless customer experience. For example, there are 6 million businesses that use QuickBooks for accounting – many are professional service firms.” It should be noted that BigTime has one of the best QuickBooks integrations in the industry.

Read the full article on The Huffington Post.

Recently named one of the Top 6 Indispensable Small Business Tools for Productivity in 2016 by Business.com, BigTime was used by customers to bill over $2 billion in invoices in 2015.