The hours you sell are leaking in the tools you can't see
Agency margin dies quietly: a designer's afternoon disappears into revision churn, an account team burns billable hours in email and admin, and by the time the retainer report is due, everyone reconstructs the week from memory. Utilization lives in a spreadsheet updated hopefully. Worst of all, the same app cuts both ways — browser time is production for the social team and pure drift for everyone else — so blunt tracking misclassifies half the studio.
