Getting an accurate budget estimate is tough. That's why we help you experiment with different project scenarios, letting you test against a certain budget or profitability goal. Compare multiple options between each other and choose the one that makes the most sense to you and your client.
No need to carefully plan tasks or create complex schedules just to get a draft budget figure. Choose the resource for the project, enter the planned use on the project and voila: we’ll show you the cost for client, your internal costs and the profit margin.
Different projects require different types of contracts. That’s why Price&Cost offers full flexibility for the billing type for each project. We support Time&Materials, Capped Time&Materials, and Fixed Price and Retainer projects, as well as ensuring your calculations are correct. We also support non-billable projects.
Your estimate evolves as you get to know the detail of the project. Refine that draft estimate without losing any previous versions. Once you are certain that all requirements have been accounted for, you can try different scenarios and resourcing options, and easily compare versions. Choose the one that works best and create a baseline.
Once you've arrived at the right estimate, you can easily export the project quote with the resource breakdown as an Excel document. Insert into your Statement of Work or contract.
If you use other tools to plan resources for projects, you can easily import the resource plans into Price&Cost and adjust, tweak and see the projected budget, cost and profitability. Continue tracking in Price&Cost where the other tools left off.
If you are using Microsoft Project, Price&Cost is a perfect companion. Plan your schedule in MS Project and, then, import your files to set a baseline and further fine tune your budget. You can filter the data, configure formats and map to existing fields in the app, eliminating any conversion hurdles and inconsistencies.
Managing team schedules in Forecast? Import data from Forecast to see projected financials and make any necessary adjustments. If your team tracks time in Harvest, we have built a beautiful integration, so your timesheets are synced daily, providing detailed insights into project financial health.
Keeping spreadsheets with client rates up to date is a thing of the past. Enter all your costs, rates and overtime rules in one place and use them in any project with a few clicks.
Don’t waste time searching for a particular client’s rate card in the middle of a project. Instead, define bill rates and cost rates in Price&Cost. Then, add the resource to any project by their name or role. We'll take care of the financials.
If you already have a system of record for your Cost and Bill Rates, you can easily import this data into Price&Cost via CSV.
Every project is different, and your resourcing requirements may differ, too. With Price&Cost, we support the estimation and tracking of all people spending time on the project, as well as the materials used and any other costs.
With Price&Cost, you can easily define different client-specific bill rates for all you clients. Next time, just select a client for your project and we’ll use the correct rate-card for all resources.
Quite often, your full-time or freelance employees get paid overtime. Price&Cost allows you to define multiple overtime rules with full flexibility via overtime calculation formulas.
With Price&Cost's Reports, it's easier than ever to continuously improve estimation accuracy from one project to another. Check past performance of teams, historical profitability of certain project types or clients and set your new project off for financial success.