It is Monday morning, do you know what last weeks utilization was?
- How many staff hours were un-billable?
- Is your month to date revenue on target with your projections?
- The partners meeting is in an hour, but none of the staff have not entered their time for last week. The information presented will be inaccurate and incomplete.
Sound familiar? Studies have shown that firms that do not have a culture of daily time posting have billable leakage that can be close to 10% of revenue.