Billable rates

With Timely's industry-leading Billable Rates feature, you can now unleash the power of customization and take control of your team's time like never before.

Interface detailing 'Capacity & Working days' and 'Rates' for an individual, showing checkboxes for workdays and fields for setting billable and cost rates.
Trusted by tens of thousands of users, in some of the biggest companies

Flexible Billable Rates: Tailor Your Team's Time to Optimize Revenue

User setup interface indicating 'Employee' access level with the option to hide cost rate selected, and the capacity set at 37.5 hours per week with working days from Monday to Friday.

Picture this: each project has its own unique demands, and your team members have different skillsets and expertise. It only makes sense that the billable rates should reflect this diversity, right? Timely understands that one rate doesn't fit all.

Our platform empowers you to set individual rates for each team member, allowing you to maximize profitability and deliver exceptional value to your clients.

Need to accommodate different levels of experience?

No problem!

With Timely, you can easily assign varying rates based on skill level, ensuring fair business rates while keeping your projects on budget.

Screenshot of a 'Reports' page from a time tracking software displaying timesheet entries for various employees, detailing logged hours, corresponding monetary amounts for billable work, and tags for activities such as 'Development' and 'Research'.
Time tracking entry interface marked as private, showing '4 linked memories' with activities such as a 'Sprint KO' and 'Team Catch Up' meeting, alongside their respective durations.

But that's not all! Our intuitive interface lets you update rates effortlessly, keeping pace with the ever-evolving dynamics of your team.

Need to make adjustments mid-project? No sweat!

Timely's Billable Rates feature lets you adapt on the fly, ensuring that you stay agile and responsive to changing circumstances.

hasan and co. crew photo
Proactive project estimations and budget control
“By capturing every hour that goes into each project, we can follow project budget spend to proactively manage the return of our work… [and] calculate better base hourly rates for future projects.”

Oskari Leino

Director of Business Control & Operations

Corsearch image - Man on the top of a mountain
Corsearch keeps OpEx low and makes better staffing decisions with Timely
"Reports help us make decisions on a weekly basis about team capacity and hires. Now we manage our costs better, to the point where we actually use the time that we have as a company to create value for clients."

Ivan Rainovski

Delivery Director at Corsearch

Walpole office space
Walpole reduced sunk time and labour costs on unrewarding contracts
"In the past, we never had 'lessons learned' after-the-fact. There was no transparency over effort put in. A project could have been costing the business more than it was making.”

Stuart Wymant

Customer Success Manager

Affinis -  Office space
More time for client work.
"Timely has taken the time tracking workload from our consultants and freed their time for more important work.

Before Timely, it took me two hours a week to track my time across all tasks, clients and projects. I had to create another time entry for tracking the time, which was totally inefficient.”

Christopher Schwarz

Consultant

Create office space
Create gets a handle on budgets and business costs after creating accurate worked time reports in Timely
We’ve now just started to properly use the time budgeting, especially on large projects, so now it’s mostly running reports. We go in to run a time report on each member of staff, how long they’ve used it to create a project”

Sophie Warner

Director of Operations

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Yummygum gains insights into competitive pricing and services
"We can estimate our performance against competitors to offer competitive pricing that we know is profitable."

Vince Schwidder

Founder and UX Director

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G2 4.8 stars out of five!

Gain Insights and Improve Reporting with Timely's Billable Rates Feature

Financial dashboard screenshot showing a bar graph of logged money, and two donut charts detailing earnings by clients and projects, with the total revenue.

When it comes to your projects and client work, having access to accurate and detailed data is essential for making informed decisions. That's where Timely's Billable Rates feature shines, offering you a treasure trove of insights to take your reporting to new heights.

Crystal-clear visibility into which projects are truly profitable and which might need a little extra attention.

Identify areas where you're undervaluing your team's efforts or undercharging clients. Timely's Billable Rates feature helps you spot these opportunities for growth and ensure that every hour worked is accounted for, accurately reflecting the value your team delivers.

It's time to stop leaving money on the table and start optimizing your revenue and profit potential.

Dashboard overview showing 298 hours and 24 minutes logged with $31,083.67 earned, 62.17% of the budget spent, and a graph comparing planned versus actual hours worked.
Screenshot displaying a colorful circular graph representing time distribution across 22 projects, with the largest segment dedicated to 'Branding (Scaleup Inc.)' totaling 54 hours and 39 minutes.

But it doesn't stop there. Timely takes reporting to the next level by providing you with comprehensive data visualizations and intuitive dashboards.

Get ready to transform complex numbers into beautiful charts and graphs that tell a compelling story.

Whether you're presenting to stakeholders, reviewing project performance, or planning for the future, Timely's reporting capabilities will make you the superhero of data-driven decision-making.