Time, Utilization & Profitability
Billable Hours
Definition
Hours spent on work you can charge a client for. Excludes internal time like admin, sales calls, team meetings, and professional development. A designer spending 6 hours on client mockups has 6 billable hours; the 2 hours in a team standup are non-billable.
Why It Matters
Most agencies only track 70-85% of their actual billable hours. Every untracked hour is lost revenue.
Related Terms
Explore in Corcava
Corcava handles time tracking and billable hour logging automatically — try it free.
Start Free Trial