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Cost-Plus Billing
A pricing model where clients are billed for actual labor costs (tracked time × labor rates) plus a markup percentage or fixed fee to cover overhead and profit, requiring accurate time tracking and transparent cost documentation to justify billings and maintain client trust.
Custom Billing Rates by Role
A time tracking system configuration allowing different hourly billing rates for various employee roles, seniority levels, or skill sets, automatically applying the correct rate when generating client invoices based on who performed the work, essential for professional services firms with tiered pricing structures.
BigTime Software
Professional services automation (PSA) software combining time tracking, billing, project management, and resource planning. BigTime is designed for accounting firms, consultancies, engineering firms, and other professional services organizations that bill by the hour.
Continuous Time Tracking
Practice of tracking all work hours throughout the day without gaps, ensuring complete accountability and accurate payroll. Every hour is assigned to a project, task, or category, creating comprehensive data for billing and analysis.
Billable vs Non-Billable Hours
Core time tracking distinction between work that can be charged to clients (billable) and internal activities (non-billable). Critical for professional services profitability, utilization rates, and accurate client billing.
actiTIME Project Time Tracking
Affordable time tracking solution with integrated project management, task management, billing and analytics features, designed for teams of up to 20 people managing client projects and billable hours.
ClickTime Integrated Expense Tracking
Built-in expense reporting feature within ClickTime that allows team members to log expenses against projects alongside time entries, creating unified tracking for both labor and material costs.
Billings Pro
Professional time tracking and invoicing software for Mac and iOS designed for freelancers and small agencies, featuring project-based time tracking, expense management, and client billing capabilities.
Automated UTBMS Coding
AI-powered automation of Uniform Task-Based Management System billing codes for legal time tracking. Platforms like EffortlessLegal and Laurel automatically apply standardized codes to time entries, completing in seconds what traditionally took minutes per entry. Reduces billing disputes and ensures client guideline compliance.
Bonsai Time Tracking
Freelance business management software featuring automatic time tracking, project-based billing, and client management designed for independent professionals and consultants.
Custom Billable Rate Configuration
Advanced time tracking feature enabling different hourly rates for different clients, matters, task types, or team members, allowing precise billing aligned with value delivered and client agreements rather than one-size-fits-all pricing.
Billable vs Non-Billable Time Designation
Classification system distinguishing client-billable work from internal activities. Critical for accurate client billing, profitability analysis, and understanding true project costs including overhead in professional services.
Contemporaneous Time Entry
Legal billing best practice of recording time immediately as work is performed, rather than reconstructing hours retrospectively. Supported by ABA Model Rule 1.5, this practice ensures accuracy, prevents revenue loss, and maintains ethical billing standards.
BillQuick
Professional services time and billing software designed for architecture, engineering, and accounting firms to track time, expenses, manage projects, and handle billing and invoicing workflows in an integrated platform.
CARET Legal Time Tracking
Comprehensive time and billing module within CARET Legal's practice management platform, offering integrated time-tracking with automatic task timers, calendar event conversion to time entries, and seamless billing integration for law firms seeking an all-in-one solution.
AbacusLaw
Turn-key, fully integrated legal practice management solution founded in 1983 for firms of any size. AbacusLaw offers rules-based calendaring, time tracking, billing, accounting, trust accounting, document automation, and matter management with seamless integration between case management and financial functions.
Actionstep
Legal practice management software with integrated time tracking and billing that simplifies invoicing, tracks billable hours in real time, and ensures compliance with legal billing standards. Designed specifically for law firms.
Clockify Hourly Rate Calculator
Comprehensive hourly rate calculator tool that helps freelancers and contractors determine their rates by factoring in desired salary, expenses, billable hours, taxes, and profit margins.
eBillity
Time tracking and billing software for healthcare professionals, consultants, and service businesses. eBillity provides comprehensive time and expense tracking with robust invoicing capabilities.
Billable Hours Best Practices
Professional standards and techniques for accurately tracking, documenting, and billing client work hours to ensure fair compensation and client transparency.
Bill4Time
Robust and easy-to-use legal billing software designed for attorneys and law firms. Helps legal professionals record time, track expenses, and invoice clients accurately with features tailored specifically for the legal industry.
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