Eclipse workflow glossary
Realization Rate.
Realization rate measures how much recorded billable value is actually billed or collected.
Plain-language definitionPractical applicationCommon misconceptions
In practice
How realization rate shows up in the work.
Firms use realization to find leakage between time capture, invoice review, and payment collection.
What do people often misunderstand?
- High utilization does not guarantee high realization.
- Realization can fall because of vague narratives, poor scoping, or partner write-downs.
Frequently Asked Questions
What is Realization Rate?
Realization rate measures how much recorded billable value is actually billed or collected.
Why does realization rate matter?
Firms use realization to find leakage between time capture, invoice review, and payment collection.
What terms are related to Realization Rate?
billable-hours, utilization-rate, wip
Turn the concept into a working system