Don’t think you need a certified public accountant for your business? Hmm, maybe. But we’d warn against going too long without proper accounting expertise. A good accountant monitors cash flow, ensures tax compliance, prevents fraud, and offers invaluable strategic advice. Bad accountants raise financial and compliance risks. Not having any accounting expertise on your team leaves you at risk of losing control of your finances. The last thing you want when trying to grow a business is to see that revenues and expenses aren’t matching up or, worse, that you’re at risk of a very expensive audit ..read more

Have you ever met someone you had a lot in common with and felt instantly connected? That’s similarity bias — the effect of a shared background, interests, looks, or experiences positively influencing your perception of a person when it might not be entirely justified. While this can be a great advantage in frivolous social settings, it’s not usually the best measure of a person’s personality or skills in a professional setting. A hiring process riddled with similarity bias leads to companies with very low diversity. And as you’re about to see, a lack of diversity has a knock-on effect on comp ..read more

Hubstaff and Time Doctor are popular time tracking software. However, when we tried the tools, it became clear that they approach time tracking in different ways to cater to their target audiences.  Hubstaff’s time tracking solution offers in-depth analytics and some employee productivity tracking features like geolocation tracking, so construction, logistics, and field service managers can easily track and optimize their workforce’s productivity. On the other hand, Time Doctor depends heavily on employee monitoring software and distraction management tools to ensure agencies can oversee ..read more

In this article, you’ll learn about the best agency time tracking software and choose the best one for your needs. All time tracking tools for agencies have one thing in common: they enhance productivity and efficiency by providing precise insights into employee work hours and project progress, enabling better project management and resource allocation. However, each tool has varying features to help you with productivity, efficiency, and better resource allocation. These include automatic time tracking, timesheets, detailed reporting, and capacity planning. In addition, some tools also offer ..read more

To find a hidden treasure, you need a map. To optimize your talent management processes, you also need a map, albeit one that is less exciting. For any business to succeed nowadays, you need a team with the right skills, but there’s only one problem: those right skills change so fast that it’s hard to keep up with the most in-demand ones for the workplace of the future. The solution is simple: skills mapping. Skills mapping means creating a map of your team’s skills, so you can determine if they have the skills needed for your business and, if not, what development opportunities there are for ..read more

Everhour and Toggl Track are time management tools with features that boost team performance and improve productivity. However, after comparing them side-by-side, we realized each approaches things differently. Everhour is a time tracking app that integrates with third-party project management platforms. As such it comes with a native project timeline and resource planning tools, customizable reports, and employee monitoring features like screenshots. Everhour is an excellent option for strict employers because it gives an over-the-shoulder perspective of every employee’s activity. However, so ..read more

Effective diversity, equity, and inclusion initiatives start before new hires even speak to someone at their future company. Everything begins with recruitment — at least, that’s how it should be. Focusing on DEI in interviews attracts diverse candidates, showcasing your commitment to equality. As many as 76% of employees see DEI as a critical factor in choosing who to work for. Moreover, diversity hiring is good business. Statistics show revenues at companies with diverse management teams are 19% higher than competitors. Given those figures, leaving DEI out of your recruitment strat ..read more

For professionals like attorneys or consultants and service providers like agencies, increasing billable hours means maximizing billable work time without sacrificing quality.  Why? Increased billable hours equals improved revenue.  But because of Excel timesheets, many freelancers, agencies, and small business owners struggle with the following aspects when it comes to billable hours: Accurately tracking time to maximize billable hours Separating billable and non-billable hours Prioritizing and increasing billable hours Avoiding distractions and staying focused on billable work Th ..read more

Skills and competencies are often lumped together as the same thing, but they are, in fact, two concepts. For example, we all think we’re great drivers. Knowing how and when to brake, parallel park, or do a three-point turn — these are skills (things you can learn as a driver). Being aware of the traffic around you, being able to make decisions as you drive, and anticipating potential dangers — these are competencies. To succeed in a role, the ideal job candidate needs both, especially with the growing skills gap in many industries. Today, we’ll show you the key differences between skills and ..read more

Freelance developers and development teams often find it difficult to track their time efficiently and bill clients accurately. This may lead to poor project time management, failed projects, and revenue loss.  Time tracking software for developers can help overcome these challenges with automatic trackers, billing, and reporting features.  But which one to choose when there are so many options available? In this article, we’ll explore an in-depth review of the best time tracking tools for developers, with key features, pros and cons, integrations, and pricing.  Disclaimer: The ..read more