Time is a limited resource. Deciding how to spend it is important - but deciding how to track it is even more crucial to the success of your business. So why, according to the latest research, are only 17% of business professionals tracking their time? In the past, this was due to the tedious nature of time tracking. No one wanted to spend time manually filling out spreadsheets after a hard day’s work. But today there is an influx of technological solutions to time tracking, with the global time tracking software market expected to reach nearly $7 billion by 2025. What is your excuse not to take advantage of this efficient business practice in 2021?
A 2020 study has shown that unrecorded work activities result in a loss of 50 million hours and $7.4 billion in productivity per day in the US economy. In other words, failing to track time and expenses is like throwing away money. Time tracking is not just about money, it’s also key to productivity, an efficient workflow, and an understanding of your business.
Most existing time tracking software is not part of an all-in-one project management system where people do the rest of their business management, and this makes time tracking a disconnected afterthought, making people less likely to do it. Houzz Pro is different. It's an all-in-one suite of software tools that design and remodeling pros can use to manage their businesses. It has built-in time tracking and billing software that will streamline and revolutionize the way you work, and ultimately, increase the success and profitability of your business. But in case you aren’t convinced, here are five additional reasons you should be utilizing tracking and billing software: