Set hourly labor cost for each role or team member. As people log time, see how much it costs to serve each customer and which projects generate the highest profit margins.

Monitor how well you’re sticking to your cost budget. Predict your likely profit based on current cost burn and still-to-do work while the project is ongoing. Course correct to protect your margins.

Issue purchase orders to keep track of your supplier agreements. See what you’ve ordered and understand how much of your cost budget is already allocated.

Track labor costs to see how much time your team spends on project delivery. Understand how work is distributed among junior and senior team members. Reallocate resources to stay within budget.

Track bills and purchase orders in Scoro to get full visibility of project costs. Sync with your accounting software to reduce manual data entry. Get an overview of payments and outstanding balances without relying on updates from the accounting team.

Account for travel expenses or ad hoc costs to determine true project profitability. Integrate with Expensify to automatically sync expense data with relevant projects in Scoro.

Explore automated reports to see your gross income from month over month or year over year. Know how much money you have left each month to cover your fixed costs.

If your suppliers are abroad, create purchase orders and enter bills in their preferred currencies. Your reporting will remain in your base currency, so you know precisely how much budget you have left.