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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65b7ba3ac6051b3d499f6745_rates-capacity.png)
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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65ba0badc8e71687aaad8441_roles.png)
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'.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65b8e75e62ffa56f8aee6ccf_report-timesheets.png)
![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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65ba0e3cb9cb22babe611099_ai.png)
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.
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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65ba0e3cb9cb22babe6110a2_grapgs.png)
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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65b9086040afe64465542236_historical.png)
![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.](https://cdn.prod.website-files.com/637f533d357967a5820f3f25/65ba0e3cb9cb22babe61109d_money2.png)
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.