How to monitor team and individual utilization and billability
Monitoring utilization and billability is essential for professional services companies looking to improve financial performance, allocate resources effectively, and maintain operational efficiency.
VOGSY provides a wide range of tools and views that give actionable insights into your teams' performance, both in real time and over the long term.
Project monitoring
By setting budgets for each project deliverable, you gain visibility into how much of the budget is being consumed and by whom.
VOGSY shows how much of the budget is being used for each project deliverable. By comparing the budget utilization with the schedule and percentage completion, you can prevent under—or over-utilization of budgets and thereby under- or over-utilization of team members' time.
Resource management monitoring
The resource planning view gives a forward-looking perspective on team and individual billability:
Identify which resources have available hours to take on new work.
Track how future bookings align with billable capacity.
Ensure balanced workload distribution across teams.
Monitoring with charts
VOGSY has various built-in charts that track team utilization and individual billability.
Resource utilization chart
Billability per month chart
Billability per Employee chart
Project billability per department chart
Monitoring with reports
VOGSY has various reports that track team utilization and individual billability.
Time entries & Time entry dataset
Weekly revenue forecast for confirmed projects