ClickTime Blog

12/12/2024

Maximize Your R&D Tax Credit: Adapting to New Section 174 Requirements with Better Time Tracking

Learn how to adapt to the new Section 174 requirements introduced by the Tax Cuts and Jobs Act with effective time tracking. Discover strategies to maximize your R&D Tax Credit, meet compliance needs, and reduce tax burdens for research-intensive businesses like IT, biotech, manufacturing, and software.

12/04/2024

The Case for Compliance: The Strategic Advantage of Detailed R&D Reporting

Discover how detailed R&D reporting goes beyond compliance to enhance financial accuracy, strengthen audit readiness, and prepare businesses for regulatory changes—unlocking strategic advantages and maximizing tax credit potential.

11/22/2024

Upcoming Changes to Internal-Use Software Accounting: What Operations and Finance Needs to Know

Learn about the FASB’s proposed Accounting Standards Update (ASU) for internal-use software costs. Understand key changes, impacts on cost tracking and budgeting, and how ClickTime can simplify compliance and labor cost reporting.

11/14/2024

Labor Cost Capitalization: Why Proper Time Tracking Matters

Learn how to supercharge firm profitability with effective resource utilization for profitability improvement. This guide offers insights into enhancing profit margins, strategic financial planning, and resource management for professional services firms seeking sustainable growth.

07/29/2024

Why Are We Still Over Budget?

Discover why your project budgets are failing despite using time and resource tools. Learn the three common pitfalls and how integrated time and budget management can save your organization.

03/26/2024

How Finance Teams can Supercharge Firm Profitability

Explore how finance teams can supercharge firm profitability through effective resource utilization. Discover strategies for professional services firms to improve profit margins, leverage project accounting, and optimize resource management for sustained financial success.

03/20/2024

Elevating Service Standards with ClickTime

Discover how ClickTime elevates service standards in professional services by enhancing operational efficiency, offering real-time insights for project management, and building a solid reputation through exceptional service delivery.

03/15/2024

You're Doing Capacity Planning Wrong

Discover the key to successful capacity planning in our latest blog. Unveil how technology can transform your firm's approach to forecasting staff utilization, project volume, and profitability. Stop the struggle with fragile spreadsheets and manual inputs.

03/14/2024

Scope Creep: Ending the Cycle

Discover strategies to combat scope creep and safeguard your business against uncounted costs and overservicing. Learn how rewarding teams, aligning with clients, and implementing detailed tracking can foster client trust and team satisfaction.

03/13/2024

Rethink Time: 7 Principles Top Firms Follow to Unlock Client Satisfaction

Explore key principles for maximizing client satisfaction in service firms. Learn how continuous improvement strategies and a focus on client service quality can elevate your agency's client relationships to new heights.

03/13/2024

How Timesheets Protect Your Most Valuable Asset

Discover how time tracking boosts client satisfaction and builds a strong business reputation. Learn effective strategies to enhance service delivery.

03/08/2024

The Hidden Connection Between Risk Management and Trusted Client Relationships

Uncover the critical role of compliance in professional services and how it enhances client trust. Learn why regulatory compliance is vital for agencies, and explore best practices in compliance and risk management to secure your firm's reputation and success.