Sunday, 3 November 2013

Maximize Profits With Project Management Software For Architects

By Rachael Gutierrez


It's a well-known fact that anyone who works as a skilled service provider is always looking for a better way to track billable hours. After all, if you are not tracking your time accurately, you are losing money. Architects are no no exception to this problem. However, with project management software for architects, you can keep better track of your billable hours and project timetable.

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.

Most of the time you end up being forced to guess what your billable hours were for the project after it is already completed and doing so can end up costing you money over time or overcharging your client. Either situation is detrimental to your business. However, keeping track of your billable hours with software will help to make sure you are always charging the right amount.

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.

Also, clients have the need to be always kept up to date about where you are at in your assignment. With software, it is as simple as a few mouse clicks to give them a full report about the progress of the job. This allows you to help the client feel like they are involved throughout the process and keep you on schedule.

Also, this information will be helpful to you as the architect, because you will be able to compile data on how much time you spend on different phases of the job. This data will be very helpful in the future for developing a better way to increase the accuracy of your bids on jobs and help mitigate unexpected increases to your budget.

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.

All in all, project management software for architects is the best way to maintain records of hours billed, increase the accuracy of your records, show your clients what they are being billed for and keep them up to date on the progress of the job. The software also helps you get a better sense of the bigger picture in that you will be able to study your own working habits over time and increase the efficiency of your work. As a result, you will see your profits increase.




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