Turn engineering hours into finance-ready data for CapEx capitalization, R&D tax credits, and project budgets—without disrupting developer workflows.
Categorize development hours for software capitalization and R&D tax credit documentation with audit-ready records
Connect Jira, GitHub, calendars, Zoom, and more so developers track time without leaving their workflow
Monitor project costs, team utilization, and budget burn-down against targets in real time
Time tracking gives software developers real-time visibility into projects and surfaces key operational metrics that otherwise would remain hidden. Time tracking is an essential task for monitoring costs, accurately billing clients, and hitting profitability goals.
Agile development is an iterative software-development methodology which teams use in projects. Cross-functional teams typically analyze user needs and requirements. Scrum teams are often used to improve quality in sprints with short-term deliverables.
Time tracking allows software developers to have a more accurate picture of how efficiently their team is performing. When sprint progress is closely monitored, stakeholders can better understand any unforeseen variables and make adjustments in real time.
Development labor is often the largest line item on the P&L, but without structured time data, finance can't capitalize eligible hours under ASC 350-40, claim R&D tax credits under Section 41, or accurately allocate costs across projects and cost centers. Nearly 25% of organizations have lost R&D tax credits due to inadequate documentation. Time tracking gives engineering and finance a shared, verified record of where development hours go and what they cost.
ClickTime integrates with the tools developers already use—Jira, GitHub, Google Calendar, and Zoom—so time entries can be pre-populated from actual work activity. AI-assisted time mapping matches calendar events, commits, and tickets to finance-defined categories like GL codes, CapEx, and R&D. This means developers spend less time on manual entry and finance gets more accurate data.
Software capitalization under ASC 350-40 and R&D tax credits under Section 41 both require documented proof of how development hours were spent. ClickTime categorizes time entries against CapEx, OpEx, and R&D designations at the point of entry—creating audit-ready records that don't require retroactive reconstruction. The built-in approval workflow adds the verification trail auditors expect.
Look for integrations with your existing dev tools (Jira, GitHub, calendars), the ability to categorize hours against financial structures like GL codes and CapEx/OpEx, approval workflows that create audit trails, and real-time budget and utilization dashboards. The right tool should reduce manual entry for developers while delivering finance-ready data for capitalization, R&D credits, and cost allocation.
