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Strategic Forecasting Part 3: Modeling Staffing and Productivity Curves for Accurate Financial Planning

In part one of this series of articles, I discussed "Strategic Financial Forecasting: How Time Tracking Data Transforms Multi-Year Financial Models." In part two, I focused on "Building a Calendar System that Anchors Multi-Year Models." In this article, I will explain how to create staffing and resource allocation models using actual productivity curves for more accurate and actionable forecasts.

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How Timesheets Protect Your Most Valuable Asset

Discover how time tracking boosts client satisfaction and builds a strong business reputation. Learn effective strategies to enhance service delivery.

Timesheet

5 Benefits of Better Nonprofit Data Management

Data is one of the most important resources at your nonprofit's disposal, meaning managing it properly should be a top priority.

Uncategorized

Top 7 Ways to Get Employees to Complete Timesheets

After spending over 20 years as the CEO of a timesheet software company, I’ve spoken with many managers and business owners who struggle with timesheet completion.

Timesheet

ClickTime Recognized as a SourceForge Partner

ClickTime, a leading provider of time tracking and project management solutions, is excited to announce its recognition as a Partner in 2023 by SourceForge, a premier platform and global community for open-source software development and distribution.

Uncategorized

Five Practical Ways to Use a Stopwatch

ClickTime's stopwatch feature lets you start tracking time with one simple click. Find out just how easy it is to get the timesheet data you need.

Timesheet

Time Tracking Software for Small Business: What's Right for You?

The idea of “timesheet software” seems relatively straightforward. It’s a tool that helps you keep track of employee time within a timesheet...right?

Time Tracking
Timesheet

How to Get Employees to Track Time

Timesheets. The mere word can strike fear into the heart of even the most-seasoned executive. Time tracking is often misunderstood by employees, misused by management, and implemented only out of necessity. Yet timesheets — and the performance, budget, and billing data they contain — are some of the most powerful tools a business has to reduce costs, improve operations, and increase profits.

Time Tracking

Why Every Department Loves ClickTime

Time tracking is a team sport.

Time Tracking

How to Track CapEx & OpEx Labor Costs Using ClickTime

Properly accounting for the capitalization of labor costs is a critical aspect of financial operations. It involves tracking the amount of time and resources spent on various activities, and determining which can be capitalized and which must be expensed.

Time Tracking

How to Increase Timesheet Adoption with ClickTime

It's 5:00 pm on Friday. Timesheets are due in thirty minutes.

Time Tracking

Why Your Timesheet and Payroll Software Should Speak the Same Language

If you’ve ever spoken with someone who doesn’t speak the same language as you, you know communication can be difficult. You can rely on gestures, body language, and a simplified vocabulary to get your point across. But at the end of the day, connecting can be difficult.

Time Tracking

How to Track Time: Tips for Success at Every Stage of Your Time Tracking Journey

Getting your organization to track time correctly is challenging.

Time Tracking

Unlimited Vacation: Is It Too Good to Be True?

The majority of employees aren't only looking for the highest paycheck—they want the best, most comprehensive benefits package. And whoever offers the perks that match the lifestyles that potential employees want to achieve is going to be a recruiting powerhouse. And this includes unlimited time off.

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Why You Shouldn't Track Time in Your ERP System

ERP solutions can be incredibly powerful tools for businesses looking to streamline operations and enhance growth. Boasting a robust feature set, there is very little that the modern ERP can’t do.

Software
Time Tracking

What Happens to Productivity During a Long Work Week?

As we become increasingly connected to — and dependent on — our various phones and laptops and other devices, it can be difficult, if not almost impossible, to step away from work. Earlier this week, Facebook Co-Founder Dustin Moskovitz shared his thoughts on long work weeks and how they affect employee productivity.

Time Tracking

How to Build the Most Effective Work Schedule

Have you ever kept track of how much work you actually complete during the day? This timesheet template can help you get started. Whether you’re sitting at a desk from nine to five, a freelancer working odd hours to meet a deadline, or an entrepreneur spending your days networking, it can be hard to set an effective work schedule that keeps you on track. Office workers might argue that they don’t literally need to be in the office five days a week; entrepreneurs will say their effective work schedule starts with morning routine.

Time Management
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