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Using job costing software can make it easy to track costs against even the smallest of jobs.
Existing customer?
Jobs can differ in size from small reactive works to larger projects in the service and maintenance industry. In this environment, job costing and profitability often get overlooked. When a manual management system is in place, it is very time-consuming to monitor the costs accrued for each job. Using software for job costing can make it easy to track costs against even the smallest of jobs. It can automatically feed time and costs into reports and invoices to help make the tracking and reporting process as seamless as possible.
Job costing software is an ideal tool for understanding where your profit is generated. By using Joblogic, you'll be able to monitor the following:
It’s simple to set up job costing rules that accurately report on company spend and profits. You can create hourly cost rates against each engineer and review staff timesheets to apply a basic or overtime pay rate based on the time and day of the week. Joblogic also provides a full parts library that allows you to calculate the material costs for each job. With this information, you can easily determine the labour costs and percentage mark-ups on your materials for each job and customer.
Your company can save time by automating its job or project costing. No matter your size or requirements, Joblogic's software for small businesses and large enterprises can cater for you. The software can automatically calculate travel and labour costs for a job based on the times recorded by your field engineer on the mobile app. Parts and tools used by staff can also be recorded and priced against an individual job with their job costing app. Once this information is received in the office, managers can automatically see the job's overall cost and the customer's sales value. Profit and profit margins are also clearly visible on-screen. Providing they're happy with the above, managers can send an invoice to the customer immediately.
By creating reports with job costing software, you’ll be able to easily visualise your results to make more informed business decisions. Joblogic offers a range of job costing reports which can be categorised by jobs, customers and geographic location. Our contract performance reports take all job costs and compare them with the total turnover for a contract. It also provides a breakdown of all quotes and planned maintenance which is especially useful when renewing contracts with customers and negotiating prices. Work-in-progress reports, which accrue costs against an ongoing job, and timesheet reports can also prove to be highly valuable. All reports within your job costing system are easily exportable to Microsoft Excel.
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Job costing software is a powerful business tool that empowers you to accurately track and manage costs associated with specific projects or jobs. This enables you to allocate expenses to individual employment, providing you with a comprehensive breakdown of costs on each job. With features like time tracking and stock management, you can make informed decisions based on real-time data, understand your profit margin for a job, and consolidate all the information into a single profitability report.
With job costing software in place, you can take advantage of a wide range of benefits such as:
a) Accurate cost tracking
b) Make better decisions using the comprehensive data to manage jobs
Joblogic is a comprehensive all-in-one software that eliminates the need for integrations. The job costing software seamlessly integrates with job tracking and reporting, simplifying your technology stack and saving you from the costly and time-consuming process of software integrations.
Yes, Joblogic provides an app that works on Android and iOS devices.
Gain instant insights into your job costings with clear, pre-built reports and customisable dashboards. Visualise key metrics through user-friendly charts and graphs. This allows you to identify trends such as cost overruns or underestimations, and make informed choices to optimise performance. Joblogic streamlines your data analysis, empowering you to focus on what matters most – running a successful organisation.