ClickTime Blog
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.
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.
How to Optimize Billing Rates with ClickTime
As a finance leader, setting the appropriate billing rates for your company's services can be difficult.
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.
Managing Your Capital Campaign: Top Mistakes to Avoid
If your nonprofit wants to renovate its facility, purchase costly equipment or conduct a large-scale project, you might be considering a capital campaign.
How to Increase Timesheet Adoption with ClickTime
It's 5:00 pm on Friday. Timesheets are due in thirty minutes.
How to Increase Your Profit Margins with Excellent Resource Management
In today's economy, businesses must focus on increasing profit margins to stay competitive.
How to Collect R&D Tax Credits in 2024
Government-issued research and development (R&D) tax credits are a great way for businesses of all sizes to help fund their innovation efforts.
ClickTime Earns Spot on G2’s 2023 Best Software Awards for Best Project Management Products
San Francisco, February 10th, 2023- ClickTime, a time tracking and resource management software company, today announced it has been named to G2's 2023 Best Software Awards, placing #44 on the Best Project Management Products list.
ClickTime Earns Spot on G2’s 2023 Best Software Awards for Highest Satisfaction Products
San Francisco, February 10th, 2023 — ClickTime, a time tracking and resource management software company, today announced it has been named to G2's 2023 Best Software Awards, placing #49 on the Highest Satisfaction Products list.
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.
How to Improve Your Billing Process with Time Tracking Software
When it comes to billing for services, businesses want to deliver accurate invoices as efficiently as possible.
A Complete Guide to Time Tracking Software for PR Agencies
Time tracking software is an essential tool for PR agencies to optimize their workflow and improve efficiency.
How to Simplify Nonprofit Grant Accounting and Compliance for Your Employees
Grants can be a great way to fund your nonprofit and further your mission.
3 Ways Financial Statements Can Inform Nonprofit Strategy
Your nonprofit team probably knows that you need to pull accounting documents on a regular basis. But do you really know why? For some organizations, pulling financial statements like your statement of activities or statement of financial position can seem like ticking a checkbox. It’s something that you need to have on hand to report to the IRS or in case of a financial audit.
