Budgeting

Controlling Costs Creates Profits.

Critical to the success of your business is knowing where you stand within project budgets. Labor is particularly important since it is the largest component of most project’s costs. Understanding hours consumed and planning the remaining resources are both essential to delivering within expected cost.

TimeLinx will manage all this for you with the Budgets area—in real time—making sure that every project is managed responsibly. No need to wait on a separate accounting system and staff data entry to know whether or not you are within your cost parameters. Using our optional alerts system, appropriate managers can be notified when the project reaches a preset percentage of total budget to avoid going over. All of this is accomplished at projects, tasks, expenses, products, and consultant levels for every project.