Outcome

What an unbilled hour costs

Hours logged late, adjusted by email or forgotten at month end never reach an invoice. Work out what that share costs in a year.

Work it out with your numbers

The figures below are a worked example. Change any of them: nothing you type is sent or stored.

What it comes to

Unbilled per year
43 200 €
Unbilled per month
3 600 €
Unbilled hours per month
48 h

How the figure is calculated

In words
Take the share of logged hours that never reaches an invoice, value those hours at the billing rate, then multiply by twelve.
In symbols
  • Unbilled per year = H × U × R × 12
  • Unbilled per month = H × U × R
  • Unbilled hours per month = H × U
With your numbers
  • 1 600 h × 3% = 48 h
  • 48 h × 75 € × 12 = 43 200 €

Assumptions

  • Count only billable hours on client work. Internal time was never going to be invoiced.
  • Hours written off on purpose, with a reason, are a decision rather than a leak; leave them out of the share.

How Flowtly measures this

  1. 1Everyone logs hours against projects in Work Time, by hand or with the project timer, and the team summary shows coverage and the days still to chase.
  2. 2Each month, the project’s account manager reviews a draft of the client report and adjusts lines, always with a reason.
  3. 3Signing off locks the month’s adjustments and tells finance it can invoice. A re-opened month keeps the earlier signed report as the record.

See time tracking

The Invoices list grouped by month, each invoice with its client, sale date, payment status, net and gross amounts, and Export and Create an invoice buttons.
Invoices are grouped by month, with the payment status on every row and a column for e-invoicing status.

Measure it on your own data

Start a 14-day trial and load a month of your own hours, or book a demo and we will walk through it with you.

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