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Beginner

Professional Services: WIP & Realization Rate

Measures the efficiency of a law or accounting firm's billable hours.

Analyze the 'Realization Rate' for the {team_name} team. Total hours worked at standard rates: {standard_value}. Total amount actually billed to clients: {billed_amount}. Calculate the Realization % and identify 3 reasons for 'write-downs' related to {project_type}.

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Details

๐Ÿ“ˆ

Category

Management Accounting & FP&A

KPI Development & Dashboards

Tested With

โœ“ GPT-4oโœ“ Gemini 1.5 Pro

Tags

#Practice Management#KPI

Added

6m ago

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