Costlocker

In this article, I am going to share with you the 10 best Costlocker alternatives in 2024 that you can use.

• Costlocker description and review
• Best list of Costlocker Alternatives
• Costlocker: pros and cons
• Costlocker: Price
• Benefits
• FAQ

Costlocker description and review

How does it work? We track the costs of the hours worked. Because we know people’s wages + company overhead, we can automatically calculate the costs for a man-hour worked. Once people control their time, they generate project costs (the costs of the hours worked). And because we know a project’s budget, we can easily calculate profitability and other financial metrics for projects, clients, and employees. All in real time.

What problem are we solving? Knowing the profitability of a project takes a long time. You need the record of hours worked + budget of the project + costs per hour of each employee + fixed general expenses of the company + spreadsheet where all that counts. Is that an SME agency has +200 projects a year. So people don’t do that even if they are eager to know that data. Why? Because they want to know if their work is worth it financially. Why? Because they do the business for profit….

What is our solution? We count the profitability of projects in real time. We save SMB agencies hundreds of hours a year not to manually count it in spreadsheets. Knowing this, we know the profitability of each client or employee. We help them run their agencies in numbers, not feelings. It is very important to be financially effective if you want to work less or if you want to make more profit.

Who wants our product or service? Agency owners. Because they? Because they make a living off the time estimates from which they calculate project budgets. And if you want to make a profit, you need to keep project costs under control. Let me give you an example: we billed USD 10,000 per month and we thought it was a good deal. But when we enter the budget for that project into Costlocker, we find that the estimated profit is only $ 300. Then we knew something was wrong. But the sad reality is that most SMB agency owners don’t know. So they are surprised that their agency does not generate great profits, despite its large volume of business.

A time, cost and profitability management tool for the financially focused agency CEO and his team.

Developed by Costlocker

overhead + spreadsheet where everything counts. Is that an SME agency has +200 projects a year. So people don’t do that even if they are eager to know that data. Why? Because they want to know if their work is worth it financially. Why? Because they do business for profit.

What is our solution? We count the profitability of projects in real time. We save SMB agencies hundreds of hours a year not to manually count it in spreadsheets. Knowing this, we know the profitability of each client or employee. We help them run their agencies in numbers, not feelings. It is very important to be financially effective if you want to work less or if you want to make more profit.

Who wants our product or service? Agency owners. Because they? Because they make a living off the time estimates from which they calculate project budgets. And if you want to make a profit, you need to keep project costs under control. Let me give you an example: we billed USD 10,000 per month and we thought it was a good deal. But when we enter the budget for that project into Costlocker, we find that the estimated profit is only $ 300. Then we knew something was wrong. But the sad reality is that most SMB agency owners don’t know. So they are surprised that their agency does not generate great profits, despite its large volume of business.

Official links of Costlocker sites

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Take a look at the following alternative list to this software; feel free to ask any query regards this if you have any doubts related to these alternatives.

Best list of Costlocker Alternatives

RescueTime

Web-based time management tool that tracks the activities and duration of computer use by a user.

Toggl

Toggl’s time tracker is designed to be fast and easy to use. Keeping time with Toggl is so simple that you will actually use it. Toggl bets on the heart of …

ManicTime

Track your computer usage and use the collected data to accurately mark the time. Automatic computer use tracking (8 languages), for one day, the average user can go back and …

Clockify

Clockify is a full-featured time tracking tool for teams. It comes with advanced time tracking and unlimited team members. TIME TRACKING SCHEDULE • timer …

WakaTime

Review for programmers using open source text editor plugins. The service itself is not open source, just the plugins.

Harvest

Simple time tracking, fast online billing, and powerful reporting software. Simplify time sheets and employee billing.

Invoice Ninja

Invoice Ninja is a free, open source solution for customer billing and billing. With Invoice Ninja, you can easily create and send beautiful invoices from any device …

Qbserve

Mac time tracking automation – independent project tracking, timesheets, billing, and productivity feedback.

Want to see more alternatives for Costlocker?

TopTracker

TopTracker enables team leaders and individuals to effortlessly track progress with transparent and intuitive reports.

Paymo

Full-featured work and project management solution dedicated to small businesses and project-based teams who want to manage projects from start to finish.

Costlocker: pros and cons

Costlocker: Price

The software of Costlocker gives you easy and efficient management, and Costlocker allows you to concentrate on the most important things. And it’s easy to use; you may love it.

Benefits

FAQ