Timecapsule vs Clockify: Which Tool is Best for Your Agency’s Growth and Profitability?

Tracking time is crucial for agencies, but it’s just one part of managing a successful business. You need tools that also provide deep insights into financial performance, resource management, and project profitability. Clockify and Timecapsule are two popular options—let’s see how they compare.

Clockify Overview

Clockify is a widely used time-tracking tool, known for its simplicity and ease of use. It’s ideal for businesses that need a basic, yet effective solution to track time across various industries. Clockify offers:

Timekeeping: Features like a timer, timesheet, auto-tracker, and calendar integration make it easy to log hours and visualize time spent on tasks.
Reporting: Provides both basic and advanced reporting features, including activity and location tracking, to help businesses understand where time is being spent.
Planning & Management: Includes tools for resource management, budgeting, scheduling, and payroll tracking, making it easier to manage teams and projects.
Integrations: Works seamlessly with popular project management tools like Asana, Trello, and Jira, enhancing its functionality for teams using multiple platforms.

Clockify serves a broad range of industries, including freelancers, agencies, lawyers, developers, and more.

Timecapsule Overview

Timecapsule is tailored specifically for agencies, offering more than just time tracking. It’s designed to help agencies optimize profitability and manage resources efficiently. Timecapsule provides:

Advanced Financial Analytics: In-depth insights into project profitability, allowing agencies to track financial performance with precision.
Multi-Currency Support: Seamless billing in multiple currencies (USD/CAD), ideal for agencies working with international clients.
Resource Allocation & Management: Comprehensive tools to manage and optimize resource allocation, ensuring teams are working efficiently and projects stay on track.
Tailored for Agencies: Built to meet the specific needs of agencies, helping them finish projects on budget and on time with advanced project management features.

Feature Showdown: Clockify vs. Timecapsule

Both Clockify and Timecapsule offer a wide range of features, but there are key differences in how they cater to agencies:

Feature	Timecapsule	Clockify
Time Tracking	Real-time, customizable tracking with comprehensive options	Basic and intuitive, ideal for straightforward time logging
Financial Analytics	Advanced insights included in every plan, with detailed profitability tracking	Basic reporting, lacking in-depth financial analytics
Multi-Currency Support	Supports billing in multiple currencies (USD/CAD)	No multi-currency support, limiting flexibility for global operations
Resource Allocation & Availability	Comprehensive tools for resource management and project execution	Basic scheduling and resource planning features
Project Management	Advanced management of unlimited clients and projects, including fixed fee and duration allocation	Basic project management with advanced options in higher-tier plans
Reporting	Customizable reports with deep insights into time, costs, and revenue	Standard reporting with detailed insights on activity and location
Industries Served	Tailored for agencies, but versatile enough for small businesses and freelancers	Broad, including agencies, freelancers, lawyers, developers, and more

Why Choose Timecapsule?

While Clockify offers robust features for a variety of industries, Timecapsule stands out for agencies needing advanced financial insights and resource management. Here’s why Timecapsule is the better choice: