What is Costlocker?
Costlocker is an online tool that enables real-time tracking of project costs and profitability. By capturing employee time and integrating salary and overhead data, the platform automatically calculates the cost per worked hour. This allows agencies to monitor the financial performance of their projects, clients, and employees with precision. The tool eliminates the time-consuming manual processes previously required to assess project profitability, empowering agency leaders to make data-driven decisions that drive financial effectiveness
Highlights
- Real-time project cost and profitability tracking
- Automated calculation of cost per worked hour based on employee salaries and overhead
- Visibility into the financial performance of projects, clients, and employees
- Elimination of manual spreadsheet-based profitability assessments
Features
Project Management
Employee Time Tracking
Financial reporting