8 Best Billable Time Tracker Apps To Boost Profitability
Wish to increase your business profitability? Introduce a billable time tracker app and watch how it fuels your money machine.
An hourly work tracker is the one app that can help you increase productivity and effectively organize work so you can stay on top of your schedule. It’s also one of the quickest ways to grow the treasure trove, as billable hours software does exactly what it promises: measures time spent on client projects, ensuring accurate billing.
So, does this mean you can simply download a time tracking app and see your profits skyrocket overnight?
Not quite.
It means you have to find the right software to track billable hours so you can control where your time and money go. The results will come over time.
Moreover, not every time tracking software can fit your needs and preferences.
Be meticulous and demanding when choosing the suitable billable hours timer. After all, time is money一and vice versa一and you need an app that will help you maximize both. An app that will give you exactly what you are looking for: a tool with great reviews, optimal price-performance ratio, heaps of useful features, and customization options.
To help you find the right hourly work tracker, we listed 8 top ones that will boost your profitability. Let’s check them out together.
But first, what is a billable hour?
Billable hours are the time you (and your team) spend working on tasks to contribute to a client's project. Here are some common examples of tasks that count as billable hours across industries:
- For lawyers: researching case law, drafting legal documents, and attending court hearings.
- For consultants: performing market research, developing strategies, attending meetings.
- For web developers: building websites, doing maintenance, communicating with clients.
- For graphic designers: creating logos, sketching illustrations, and developing layouts.
And the list goes on.
How do billable hours relate to profitability?
The math is pretty straightforward: you make a deal with a client, and the more time, a.k.a, billable hours you charge a client, the bigger your revenue will be. To ensure your business is more profitable, you can either work more hours or charge more for the same amount of work; it’s up to you to determine your billable hours policy.
How can a billable time tracking app help you increase profitability?
Short answer: in more ways than you can imagine.
As mentioned above, a billable hours timer is like a very quiet virtual assistant that jots down everything you do. Not only that, it transfers your working hours into billable ones, allowing you to invoice clients accurately and ensure you get paid an accurate amount on time.
But it’s not just about the money, right?
It’s about saving time and understanding where it goes so you can optimize your workflow.
When you introduce a billable hours app, you automate a huge part of your business: you can say “goodbye” to manual timekeeping and errors related to time tracking. Moreover, you get insights into your time usage, allowing you to pinpoint “time-drains” and inefficient periods.
Basically, when you keep track of billable hours, you improve your project management and budget tracking. No matter if you run an agency, a big law firm, or work as a consultant, you will experience increased productivity, improved client communication, and ultimately, increased profitability.
How to choose the right software to track billable hours for your business
Here comes the tricky part.
So many billable time trackers are available on the market, how can you choose?
To assist you in decision-making, we decided to give you a list of 8 apps that are:
- Decently priced. All tools from the list come with several free and paid plans so you can find the plan that suits you or your team the best.
- Compatible across multiple operating systems. The billable time tracker should work on multiple systems and, if there’s room, on various devices.
- Feature-rich. A billable time tracking app should have useful features for your business, such as automatic tracking, quickly generating reports, and integrations with other apps.
- Flexible. You should be able to customize a billable time tracker to some extent, so you can adjust it to your workflow and requirements.
Let’s dive right in.
#1 Memtime
Pricing: Multiple plans (including a custom one for enterprises), the Basic one being $12/month per user with a 2-year subscription.
Compatibility: Windows, macOS, and Linux.
Without a doubt, Memtime stands out as the best.
Am I being a bit biased? Sure.
But trust me, once you learn all it can do, you’ll understand why I love this app so much.
In its essence, Memtime is an automated billable time tracker used by software development companies, law firms, agencies, and creative teams.
You don’t need a tutorial to start tracking your time, just open the app, let it run in the background一oh, so seamlessly一and it will capture your activity in apps and browsers as long as your computer is turned on.
Memtime chronologically displays your activities in programs and all data is stored locally on your computer.
Here are some of Memtime’s features worth noting:
As you can see, Memtime is very precise when it comes to tracking billable hours, ensuring you can bill for every minute of your own or your team’s work.
Or if you need Memtime for your team of multiple users, book a call. Our team will answer all your questions in real time, giving you a guided tour and explaining how the app can increase your profitability.
#2 DeskTime
Pricing: Three plans available, the Pro being the most affordable one, charging $7/month per user.
Compatibility: Windows, macOS, Linux, as well as Android and iOS.
DeskTime is an automatic time tracking software created as a productivity and accountability tool. It’s designed for freelancers and small teams with remote employees who want to monitor productivity.
Now, the big emphasis is on “accountability”. DeskTime offers the option to take screenshots (which you can blur for more privacy) at certain intervals, as well as real-time app and URL usage tracking. DeskTime promotes the Screenshots features as a method of boosting individual productivity, believing that such monitoring empowers employees, helping them focus on their tasks better.
Here are some of the DeskTime features:
Overall, if you are looking for a billable time tracker that also offers employee monitoring features, this tool might be the one for you.
#3 Paymo
Pricing: Three plans available (Starter, Small Office, and Business) starting from $5.9 per user per month.
Compatibility: Windows, iOS and Android, and a browser extension.
Paymo is a project management tool, a two-in-one, solution, that offers time tracking and invoicing.
The tool promotes tracking and team collaboration as pillars of successful business. It is primarily marketed towards freelancers and small to medium-sized teams that need task management and invoicing options.
Here are some of the tool’s features:
Overall, Paymo is a good option if you run an agency or a software development company and want to be able to track billable time and invoice clients all within one app.
#4 Toggl Track
Pricing: Free and three paid plans (Starter, Premium and Enterprise) ranging from $9 per user per month to custom pricing.
Compatibility: Windows, macOS, Android and iOS, and a browser extension.
I am sure you have heard of Toggl Track, especially if you are a seasoned freelancer. It is a group of time tracking and productivity tools marketed towards freelancers, consultants, accountants, creatives, law firms and IT companies.
Toggl Track offers automatic and manual time tracking. Automatic time tracking is available on the desktop app and manual within the mobile app.
Here are some of the most notable Toggl Track features:
In my humble opinion, Toggl Track is a productivity-boosting tool that can also improve profitability.
#5 TrackingTime
Pricing: One free and three premium plans, starting from $8/month.
Compatibility: Windows, macOS, for desktop, Android and iOS for mobile, plus a browser extension.
TrackingTime is a billable time tracker that doesn’t just offer time tracking and reporting but also invoicing clients. The tool is also big on project management, as your team can share files and create custom reports to help them be more productive on projects.
The tool promotes trust between management and employees by allowing team communication and keeping everyone in the loop.
Here are some of the tool’s features worth mentioning:
If you need a tool that will generate timesheets, keep an eye on your team’s performance and generate invoices, TrackingTime might be the one.
#6 Harvest
Pricing: Two plans: Harvest and Harvest Pro. The first one is free, while Harvest Pro costs $10.80 per seat/month, billed annually.
Compatibility: Windows, macOS and Linux, as well as Android and iOS for mobile, plus a web extension.
Harvest is a billable hours time tracker with a start/stop timer. But it’s not just a time tracking app, as it also includes features for generating invoices and payments. The tool is primarily marketed towards entrepreneurs and startups.
Here are some of the Harvest features worth noting:
Overall, Harvest is a flexible tool with a lot of functionality. It can be suitable for various business needs.
#7 Clockify
Pricing: Six plans, one free and five premium ones. The premium plans start from $3.99/month, billed annually.
Compatibility: Windows, macOS, and Linux, as well as Android and iOS, plus a web extension.
Clockify is a well-known billable semi-automatic time tracker for agencies, lawyers, startups, consultants, developers, and construction companies.
As soon as you log into the app, you see the options to start a timer or use a timesheet to enter time manually. I put Clockify on this list because it allows users to set custom hourly rates for different clients, projects, or tasks, enabling accurate calculation of costs based on time worked.
Here are some of the most notable Clockify features:
Overall, Clockify is a reliable tool for tracking and billing time spent on client work, and it can ensure your team members get paid for every hour worked.
#8 Hubstaff
Pricing: Four premium plans, ranging from $4.99 per seat/month to $25 per seat/month (Enterprise).
Compatibility: Windows, macOS and Linux , as well as Android and iOS, plus a browser extension.
Hubstaff markets itself as a productivity software rather than a billable time tracker. It’s more of an employee monitoring tool that simultaneously cares about employee privacy to determine productivity. It does track employees’ work time.
The reason it’s called Hub-staff is because it’s actually a hub for time and task tracking, employee monitoring and reporting features, and works as a productivity “detective”. You can also use Hubstaff to track payrolls and pay employees using one of the payment platforms.
Here’s are some of Hubstaff’s features:
All the mentioned features make Hubstaff a comprehensive tool for tracking billable hours, monitoring employees, and enhancing productivity.
Wrapping it up
I’ll keep this short—because you’ve already survived quite the read.
We discussed the relationship between billable hours and profitability, finding the right app, saving time, and optimizing workflows to boost revenue. Now, it’s up to you to decide what you want to do to create a more profitable operation.
So, in a nutshell, pick the right app, track those billable hours like a hawk, and watch your business grow. Who says you can’t turn time into goldmine?
Aleksandra Doknic
Aleksandra Doknic is a copywriter and content writer with six years of experience in B2B SaaS and e-commerce marketing. She's a startup enthusiast specializing in topics ranging from technology and gaming to business and finance. Outside of work, Aleksandra can be found walking barefoot in nature, baking muffins, or jotting down poems.