For professional services companies, where invoicing is often based on time spent, rigorous management of project resource planning is essential.
Unfortunately, many companies fail to bill for valuable hours, and therefore lose money, due to poor organization!
In fact, an unscheduled hour is often an hour not worked, and therefore not billed!
That’s why using an intuitive, high-performance project resource planning tool like Teambook can make all the difference.
With effective planning, you maximize not only your teams’ productivity, but also your profits.
At minimal cost, the positive financial impact is significant.
Rigorous planning: the key to hourly billing
In an hourly billing environment, it’s crucial to ensure that every working hour is optimally planned.
Rigorous schedule management not only allows tasks to be better organized, but above all maximizes billable hours.
What’s planned gets done, and what isn’t is often forgotten or postponed.
Without a proper scheduling tool, there’s a high risk that your project resources will spend non-billable time, which equates to lost revenue potential.
A good project management tool makes it possible to visualize available hours, adjust priorities in real time, and ensure that every member of staff is working efficiently on tasks that generate value.
In the long term, this rigor translates into increased revenues, as teams are better aligned with project objectives.
The impact of good organization on company profits
Team organization and resource planning are not just productivity issues, they also have a direct impact on company profitability.
With a tool like Teambook, you can guarantee optimum use of human resources, and avoid loss of revenue through lack of upstream task planning: by organizing tasks strategically, you can ensure that every hour planned is an hour billed.
The cost of a project management tool is often negligible compared to the benefits it can bring.
For example, for the price of a coffee a day (around 45 USD a month for 40 projects), Teambook can reduce the organizational inefficiencies that cost companies thousands of dollars in lost revenue every year – a minimal cost that translates into considerable increases in revenue and profitability thanks to an optimized organization!
Economic calculation: how Teambook can earn you thousands of dollars?
Let’s take a concrete example to illustrate the financial gains that a tool like Teambook can generate.
Let’s take an average hourly rate of USD 50, realistic in the professional services industry.
By planning its resources efficiently with Teambook, a company can easily save 4 hours per week per employee.
If we apply this gain to a team of 25 employees over a period of 180 working days per year, this represents a potential gain of :
4 hours/week x 48 weeks worked x 25 employees = 4,800 hours billed over the year.
At a rate of USD 50 per hour, this translates into USD 240,000 in additional revenue per year, thanks to better time and resource management alone.
And all this for an annual cost of 540 USD – the Teambook package for 40 projects!
This simple calculation shows just how significant an impact a tool like Teambook can have on company profits!
Why is Teambook the ideal choice for professional services companies?
Teambook stands out for its ability to provide a clear and precise view of available resources and their planning.
This enables project managers to adjust priorities as needed and avoid workflow interruptions.
Thanks to workload visualization features, teams can anticipate peaks in activity and quickly readjust resource allocations.
Teambook’s intuitive interface enables rapid adoption, even in complex environments.
It integrates seamlessly into existing processes, while offering greater transparency throughout the project.
This enables project managers to make more informed decisions and optimize the profitability of each project.
Conclusion: a simple tool for considerable gains
Rigorous planning and effective resource management are no longer options, they’ve become imperatives for maximizing profits in professional services companies.
With Teambook, you have a powerful multi-project tool to organize your projects optimally, while minimizing the loss of non-billable hours.
The return on investment is clear: for the price of a coffee a day, Teambook can save you thousands of dollars a year by maximizing hours billed and optimizing resource planning.
Test Teambook for free and discover how it can transform your project management!
