Here’s a short 2 minute video that hits the nail on the head with respect to the concept of hourly vs fixed price billing.

At Schulz Consulting we’ve converted all of our work over to fixed price with a money back guarantee. We no longer track hours or provide silly quotes like “our time will be between x and y but if it is less you pay less”.

The major reasons we don’t bill hourly:

An experienced professional should know what the work is going to cost
An experienced professional will take the time up front to understand the desired outcome
An experienced professional will back their work with a money back guarantee
Quoting a fixed price requires us to work with you to fully understand and document the work to be performed
No surprise bill(s) showing extra hours
If a consultant quotes “it will be between 10 and 20 hours” – guess which number the consultant is thinking (Hint: 20+) and which number you’re thinking (Hint: 10 or less).
Any consultant who doesn’t understand the work can quote you an hourly rate which essentially “learns on your dime”

Via: Aries Technology Group – Sage MAS90 and MAS200 Consulting – Tennessee

Need to track time for multiple users? If you’re a MAS 90 or MAS 200 user with a large number of users who want to track time then the Hightower TimeKeeper solution might be for you.

From the Hightower Site:

Because Timekeeper is fully integrated with your Sage MAS 90 or Sage MAS 200 ERP system, you can process all time/expense entry information into a number of the modules, including Sage MAS 90 Accounts Receivable, Sage MAS 90 Job Cost, Sage MAS 90 Payroll, Sage MAS 90 Sales Order, Time and Billing, and Time and Billing Professional. This level of integration enables you to increase overall efficiency and enhance service to your clients by tracking employee time and expenses for accurate and timely invoicing.

You can enter time/expense data into your Sage MAS 90 or 200 software using the Timekeeper module, the platform independent Timekeeper Entry application, or online via .timekeeper. All of these solutions are available when you install Timekeeper. Choose the best time/expense entry solution for your company. The following list describes each solution.

I’ve had several clients use the system and have found it to be an excellent solution for anyone looking to track time without having to invest in a more expensive time and billing system (which Hightower offers with their Time and Billing Professional for MAS90).

There’s a free online web demonstration scheduled for 9/1/2010 — click here to register or for more information .

Why You Should Only Be Agreeing To Fixed Price Consulting

Timekeeper for MAS90 – Demo 9/1/2010

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