Budgeting & Profitability
Track financial performance by project or team member and see how it stacks up to your clients budget.
Stay on time and on budget with Financial and Time budgets
Make sure it all adds up. Track project performance in real-time, from start to finish, so you always know what's going on.
“My stress is way down because my team members are in the driver’s seat, and I know what’s happening everyday.”
Start off right
Customize project budgets—standard budgets for one-time jobs or retainer budgets for recurring work.
Learn MoreKeep track
Track hours and $$$ spent against your budget.
Stay in the know
Set custom notifications when spend reaches a set threshold.
Billable and Cost Rates
Set rates for team members or projects so you’re accurately charging for the work being done.
Create and manage custom budgets for any type of client project
One size doesn't fit all. Craft custom budgets to meet unique requirements and maintain accurate financial tracking.
Time and materials budget
Understand and track project costs based on hours worked and materials used in this classic budget type.
Retainer budget
Manage ongoing client work like a pro. Add underspend and subtract overspend to keep fluctuating budgets in check.
Fixed fee budget
Perfect for project-based work on a set fee. Always know how much you’re bringing in and how your profitability is tracking.
Numbers making you numb? Track all expenses against the total project budget
Preserve your profits (and sanity) with simplified budgeting. Easily compare fixed costs, one-off fees, and ancillaries to your hourly expenses.
Measure everything
Add one-off or additional costs to your project budget.
See it all in one place
Track these extra expenses against your project budget.
Pinpoint profits
Avoid overruns by tracking every cost in one spot.
Export invoices directly from Teamwork.com to get paid swiftly and seamlessly.
Sidestep the stress with complete budget breakdowns
Split your budget across groups of tasks to catch project issues before they affect your timeline and delivery.
Track it all
Wondering how much time your dev spent on that "small" client task? See the budget breakdown at a Task list level.
No hidden challenges
See the most profitable parts of your projects — and least profitable parts — at a glance.
Hit your financial goals
Monitor the project budget details as you go so you can easily course correct before it affects your clients.
Know which projects pay with real-time Profitability Reports
Show me the money–literally. Know exactly how much each project is bringing in real-time.
Sort by profitability
Want to see your most (and least) profitable projects? Customize this report so you can examine the winners, losers, and runners-up.
Get granular
Go into the details that really matter. Switch between dollar amount and percentage profitability so you know what you’re making.
Win your manager over
Need to impress your board, investors, or your boss? Pull the profitability report to show them crucial insights into project performance.
Profit speaks for itself. Teamwork.com just makes sure you hear it loud and clear.
Teamwork.com gives you all the tools you need to profit from any type of project–now and for the future.
Kfir Pravda
CEO at Pravda Media Group
Start working together beautifully. See how Teamwork.com can help your team with our 30-day free trial.