Do you ever find yourself staying up late at night inputting data into an Excel spreadsheet? Or find you can’t sleep because you’re worrying about whether or not tasks have been completed for your clients? What about managing timecards? Or providing visibility to your clients for account information?
All of these tasks and efforts equate to non-billable redundant administrative efforts that dilute your income. Don’t believe us? Here is the math:
If you normally charge $50/hr for your services and you spend 20 hours per week doing billable work, then you make $1000 per week gross. But if you spend even five hours in the same week doing non-billable, redundant data collection, then you’re actually only charging $40/hr ($1000/wk divided by 25 hrs instead of 20 hrs).
Now imagine you are actually spending an average of 10 hours per week doing non-billable administrative work. Your hourly rate is down to $33.33 per hour. In fact, the more time you spend doing non-billable efforts, the less you actually make. And that’s before you subtract all your overhead costs or consider the time lost for networking and marketing efforts.
It doesn’t take a math wizard to see that non-billable, redundant, administrative work is ridiculously costly. That’s why we created Essential Elements™ our data collection software solution.
We built this system in 2007 and over the years have added more and more features as the needs of our employees and our clients have grown. With Essential Elements™ not only is your admin work minimized but most of the data collection is turned into a component of your billable work which enhances your efficiencies and increases your profit margins.
And, most importantly, utilizing Essential Elements™ frees you up to pursue new business opportunities!
Here are a few of the features of Essential Elements™ (not an all-inclusive list):
- No software to download – the system is fully cloud-based
- Customized with your logo and colors so your employees and clients will recognize the system as your company
- Online access via smart phone, tablet or laptop
- Training is included in the setup fees
- You’ll receive, free of charge, all our system procedures to modify for your own use
- Data collection features (also not an all-inclusive list):
Activity reports that automatically alert your clients when tasks are complete
Online time entry by your employees
Task Management module to create, modify, complete tasks with visibility by employee or client
Automated time cards
Ability to track mileage and reimburse mileage costs for your employees and/or charge mileage costs to your clients
Automated time tracking with visibility to which accounts need to be charged for more time
All reports are designed to be Management by Exception for simplicity and ease of use
Full transparency for your clients – they can view their task completions, hours logs and a status of their account
Clients can request tasks through the software – everything is automated
If you need features we don’t currently offer, we do quote customized features for your specific needs
These are just a few of the features included in Concierge Business Solutions®’ software solution, Essential Elements™. Most importantly, fees are scaled to grow with your business so the initial investment is affordable and cost effective.
What would you do with an extra 5, 10 or 20 hours per week? How many more clients could you attract? How many more relationships can you build with that much extra time? Or maybe, just maybe, how much more sleep might you get?
Ms. Leslie Spoor, CEO of Concierge Business Solutions®, is a nationally-recognized business consultant and entrepreneur with over 35 years of business operations experience in the areas of education and training, process and procedure generation, formulation of action plans, software development, business process reengineering, metrics measurements programs, and internal mentoring and coaching programs. For more information about Concierge Business Solutions®, or to schedule a free demo of her Essential Elements™ software solution, please contact Leslie at 760.898.9604 or to email, click here: https://goo.gl/Bl3INq