Productivity · 5 min read

# 1 in 5 billable hours go unrecorded

Updated on: June 26, 2024 Created on: November 22, 2023 · Written by: Timely Team

![1 in 5 billable hours go unrecorded](/cdn/655de26a17d45057f5a9d8bf_Did_you_know_header.webp)

Billable hours: it's like the heartbeat of profitability, right? But here's the kicker – many of us are kinda dropping the ball when it comes to tracking these hours accurately. According to a recent tribes.ai study, manual time tracking methods are letting 1 in 5 billable hours go unrecorded.

That's a whopping 20% of your billable hours down the drain. 20% of your profitability lost.

## Let’s do the maths

Imagine you're working a 35-hour week, and let's be optimistic and say 80% of that is billable. If your hourly rate is $80, those manual time tracking methods might mean you’re missing out on $448 per week!

## The Solution

Enter Timely, the superhero of time tracking. 

Using Timely means no billable hour goes unaccounted for. Every single billable hour is automatically recorded in real-time and accurately. Timely will save you that $448 per week in the above example.

And get this – the return on investment isn't just good; it's like buying Timely 22 times over. Talk about making your money work for you!

But wait, there's more. Timely doesn't stop at recovering lost hours. It's also your go-to time-tracking admin assistant, cutting down that mind-numbing work filling in timesheets. Imagine what you could do with all that extra time – maybe actually enjoy a lunch break?

In a nutshell, if you're serious about squeezing every drop of profit from your business, keeping a tight grip on billable hours is key. Timely isn't just a tool; it's like having a financial wizard on your team. It's time to say goodbye to time leakage and hello to a more efficient, profitable company.

Try Timely today

Discover the power of **Timely's** automated time tracking now!

[Start your free trial](https://app.timelyapp.com/join)[Book a demo ![Icon of calendar](/cdn/678e8b2f757ed42b5c05c7f2_calendar_light-grad_1_.svg)](/book-a-demo/)

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