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LaborCast

MAKE STRATEGIC SOLUTIONS EASIER

Profitability is the ability of a business to earn a profit.  A profit is what is left of the revenue a business generates after it pays all expenses directly related to the generation of the revenue, such as producing a product, and other expenses related to the conduct of the business activities.

By identifying the REAL profitability of each of your Line of Businesses (LoB), business owners can make better strategic decisions.  REAL profitability gives business owners an easier ability to identify winning and losing business units, making it easier to  decide what to do about it. (ie. close the LoB, put more resources into it to make it better, etc.) 

Do you know your direct labor costs
by Line of Business (LOB)?

Making a business decision based on a guess due to lack of true financial data can have drastic outcomes. All  because you didn’t have reports with the needed data.  A standard finance report of your gross margin simply doesn’t provide you with enough information to effectively measure and run your company.

A typical situation:  Your gut instinct says you need to enhance your business operations, but after reviewing your P&L reports, the data you have in front of you simply can’t show which line of business needs to be improved.  So you’re forced to guess, estimate, and waste time on complicated calculations.  In the end, you still don’t have enough information and it simply becomes an educated guess.

To help you combat this problem,
we developed LaborCast!

LaborCast

Labor cost by business unit reporting in minutes instead of hours

Typical financial report before LaborCast

Only summarized numbers are available preventing an accurate view

Enhanced financial report after LaborCast

Breaking out business units allows for a more defined view

To manually produce with the same amount of accuracy, would take hours each payroll

LaborCast Benefits Include

Unlimted Users, Email Addresses, & Domains
$ 149 Monthly
  • Proof of payroll
  • Assists with over time calculations
  • IIF file to import into QuickBooks to automate journal entries
  • Requires ConnectWise Manage
  • Requires specific GL Mappings to properly function
  • Support included
  • Unlimited Users
  • Flat Monthly Rate
Ask About A Trial