Realization rate tracking

See your realization rate before write-offs quietly erase the margin.

Keito connects recorded hours, the hours you actually bill, and the time written off — so realization rate is a number you can see and defend, not one finance reconstructs at month end.

$49 USD
Flat team plan from
0
Per-seat billing surprises
14 days
Trial workspace
app.keito.ai / realization

Realization review

Meridian Advisory

Billing realization

87%

Active work

24

Reviewed

91%

Ready to bill

$18.4k

Time captured with context

realization rate

Live

Billing review complete

Client and project checked

Done

Invoice evidence ready

Approved summary prepared

Next
01

Built around the work before the invoice

realization rate needs more than a timer. The billing record has to keep client, project, approval, and invoice context together before the work reaches finance.

Capture the work while it is fresh

Record billable time by client, project, task, and person so the billing source of truth is created during delivery, not reconstructed at month end.

Review before anything reaches the client

Approve entries, expenses, and budget movement in one place so managers can catch missing context before finance creates the invoice.

Turn approved time into billing evidence

Use the same tracked data for invoices, client summaries, margin reviews, and internal capacity conversations.

02

Realization visibility

Realization rate is where margin quietly leaks — make it visible

Realization rate is the share of recorded time that actually turns into billed revenue, and it is one of the most under-measured numbers in professional services. Most firms only discover their realization gap after the fact: hours were logged, then trimmed before invoicing, then trimmed again when the client pushed back, and the difference disappears into a spreadsheet nobody owns. Keito makes realization a live measurement built from the same records used for billing. As teams log time against clients and projects, Keito tracks recorded hours, the hours marked billable, and the hours written off during review — so the realization rate by client, project, and person is visible before the invoice goes out. Engagement leads can see which clients consistently erode realization, which scopes are routinely over-serviced, and where a review conversation would protect margin, rather than learning all of it from a quarterly finance report.

Measure realization rate (billed hours divided by recorded hours) from reviewed billing records, not estimates

See realization by client, project, and person before invoices are finalised

Spot where write-offs and over-servicing erode margin early enough to act on them

Workflow fit

Realization from billing records

Keito keeps realization rate connected to client, project, billable status, approval, and invoice context before the work reaches finance.

Measure realization rate (billed hours divided by recorded hours) from reviewed billing records, not estimates

See realization by client, project, and person before invoices are finalised

Spot where write-offs and over-servicing erode margin early enough to act on them

03

What Keito adds to realization rate

Billing-ready time records

Keito keeps time, expenses, approvals, and client context together so the invoice is backed by the same record your team used to deliver the work.

  • Client and project tagging
  • Billable and non-billable separation
  • Approval status before invoice review

Flat pricing for growing teams

Invite the people who capture, review, and explain client work without turning each new contractor or reviewer into another per-seat charge.

  • Solo from $19 USD/month
  • Flat-rate team plans from $49 USD/month
  • Room for finance and delivery reviewers

Project visibility before the invoice

Spot budget drift, missed entries, and low-margin work before the month closes and the client conversation becomes harder.

  • Project budget views
  • Team utilization context
  • Exportable client summaries
04

Compare the workflow

The difference is not just recording time. It is whether the record can support billing, project decisions, and client conversations.

AreaKeitoTypical setup

Realization from billing records

Keito keeps realization rate tied to clients, projects, billable status, approvals, and billing summaries in one workspace.

Typical setups capture time in one tool and rebuild the billing explanation later from exports, comments, or spreadsheet cleanup.

Review before invoicing

Managers review entries before they become invoice evidence, so missing context is fixed internally rather than during a client dispute.

Raw timer exports usually reach finance before delivery leads have confirmed whether the work is billable, complete, or client-ready.

Predictable team pricing

Flat-rate plans let delivery staff, reviewers, contractors, and finance users participate without per-seat pricing friction.

Per-seat time trackers make teams choose between clean billing participation and controlling tool spend.

05

Related solution pages

06

Useful reading

Frequently asked questions

What is the best way to manage realization rate?

The best way to manage realization rate is to capture work at source, attach it to the right client and project, review it before invoicing, and use the reviewed record as billing evidence. Keito is built around that workflow so time, approvals, and invoice context stay connected.

Can Keito help with realization rate?

Yes. Keito helps with realization rate by tracking work by client, project, task, person, billable status, and review state, then turning approved records into client-ready summaries. That makes the data useful for billing, profitability, and client reporting rather than just attendance.

How is Keito different from a generic timer for realization rate?

Keito is different because it treats time as billing evidence, not just duration. A generic timer records how long something took; Keito records who did the work, where it belongs, whether it was reviewed, and how it should appear in client billing context.

How do you turn realization rate into invoice-ready evidence?

Turn realization rate into invoice-ready evidence by reviewing every entry for client, project, billable status, approval state, and billing notes before finance creates the invoice. Keito keeps those checks in the same workflow so the client summary is backed by reviewed work, not a late spreadsheet cleanup.

What should a client-ready realization rate report include?

A client-ready realization rate report should include the client, project, task, contributor, billable status, approval state, and a concise explanation of the work completed. Keito keeps those details connected so reports can answer client questions without exposing internal delivery noise.

03

Start solo.Add people when you need them.

Solo includes 1 licensed user, unlimited AI agents, Mac desktop and iOS apps, Stripe payments, and standard CSV and Excel exports. Pro adds your team. Business adds integrations, planning, advanced reporting, and stronger controls.

Solo

1 licensed user

For independent consultants, freelancers, and small studios running work with AI agents.

$19USD /mo

Start Solo
1 licensed user
Unlimited AI agents
Mac desktop and iOS apps
API access and API keys
Time, expenses, projects, and invoices
Stripe invoice payments
CSV and Excel data export
Most popular

Pro

Team collaboration

For teams that need shared workspaces, approvals, and team-level project visibility.

$49USD /mo

Start Pro
Unlimited licensed users
Everything in Solo
Team management and invites
Timesheet and expense approvals
Team reports and utilization
Per-member billing rates
Manager permissions

Business

Advanced operations

For organizations that need integrations, planning, advanced reporting, and stronger controls.

$199USD /mo

Start Business
Everything in Pro
Xero and QuickBooks
Airtable, calendar, and Jira imports
Planning and capacity
Advanced report exports
Custom roles and SSO
Priority support
Agents are included

AI agents do not require licenses on any plan.

API on every paid plan

Solo, Pro, and Business can use API keys for agent workflows.

Exports on every plan

Solo, Pro, and Business include standard CSV and Excel data export.

Build a cleaner billing record for professional services finance leaders, engagement managers, and firm owners who need to know how much recorded time converts to billed revenue.

Start with Solo, add people on Pro when you need reviewers or collaborators, and see how Keito turns tracked effort into clearer reports.

Track realization rate in Keito