Commit all 7 sins at once
Which means more money in your pocket and more time for yourself, your family, whatever it is you want to do.Ĭheck out the 7 deadly sins of time tracking for accountants and consultants that work with small businesses.
When you educate yourself on what time you can save and how you can improve, you become empowered to take the necessary steps to do it better. Most of us are doing time tracking wrong, not just accountants. Even though the entire accounting profession is based on analyzing numbers, time tracking is still an art that might not come easy for those in financial services or accounting -Įspecially for those who work with small businesses. Unrecorded meetings and calls cause professionals $32,000+ in revenue per year."Įffective time tracking is obviously illusive at-large but the hardest-hit segments are undoubtedly consultants, namely accountants. That’s $7.4 billion dollars every workday! "In the US, the economy loses 50 million hours in productivity each day due to untracked time. Let’s start with some high-level data on time tracking to sober the mood:
Without it, your path might not lead you to hell, but wherever you’re going, there will certainly be less money there. And efficiency starts with adept and smart time tracking. Remember the 7 deadly sins? We call them deadly because unlike a ‘lesser’ sin (without getting too religious here), the consequences of deadly sins are thought to be more severe, more detrimental to your life and your future.īut we’re not talking about religion - we’re talking about efficiency.