Profectus delivers proven products and consulting solutions that help printing and packaging companies grow sales, increase profits, and improve overall business performance. We focus on strengthening core processes - enhancing efficiency, managing budgets and costs, implementing effective pricing and sales strategies, and driving profitability.
For over 30 years, we've partnered with hundreds of printing and packaging companies across North America to improve all areas of their business - from sales and estimating to production, costing, and accounting. Our deep, hands-on experience across a wide range of operations enables us to quickly identify what’s working, what’s not, and how to fix it.
Our solutions span the entire organization—from the front office to the production floor—including sales, estimating, pricing, customer service, order entry, inventory, production, costing, budgeted, invoicing, accounting, MIS, and technology.
For years our consultancy, Profectus Inc has used spreadsheets to calculate BHRs for our clients. Spreadsheets often required a lot of work every time you want to update rates or add another piece of equipment, even with creative Excel formulas and links.
Which is why we decided to develop the Cost Rates Advisor budgeted hourly rates software. It has forms and features that simplify the entry, importing, and updating of financial data needed to calculate BHRs. Cost Rates Advisor comes with built-in "best of breed" formulas, intelligence, and functionality for developing budgeted hourly cost rates.
Cost Rates Advisor gives shops a more accurate picture of their out-of-pocket manufacturing and overhead costs so they can strategically estimate and price jobs. Because Cost Rates Advisor is in the Cloud, you can easily access and update your rates anytime, from anywhere, with any PC, MAC, notebook, or tablet using a compatible web browser and internet.
Craig L. Press is the founder and senior consultant at Profectus Inc., a consulting firm dedicated to helping printing and packaging companies increase profitability through smarter business strategies, stronger cost control, and the effective use of software and technology.
With over 40 years of hands-on experience across nearly every area of the printing and packaging industry - including sales, estimating, pricing, customer service, production, cost accounting, inventory, purchasing, finance, and IT - Craig brings a unique blend of operational and executive insight to every client engagement. His broad perspective allows him to quickly identify challenges and implement strategies that deliver measurable results.
Craig has worked with hundreds of printing and packaging organizations throughout North America, from small shops to enterprises with thousands of employees. His expertise spans all industry segments, including commercial printing, digital/on-demand, in-plant operations, folding carton, labels, packaging converters, flexographic, publication, book, large format, screen, signage, trade services, and MIS providers.
Widely regarded as one of the industry’s foremost authorities on estimating, budgeted hourly rates (BHRs), cost analysis, MIS, business process improvement, financial ratios, and profit strategy, Craig’s work empowers organizations to streamline operations, strengthen financial performance, and make confident, data-driven decisions.
He has served as a consultant for major industry associations including the National Association for Printers and Lithographers (NAPL), Printing Industries of America (PIA), and others. In addition to delivering hundreds of industry seminars and workshops, Craig has also provided expert testimony in legal cases involving operational performance, costing practices, and technology implementation.
Definition of "Profectus"
Our company name "Profectus" was derived from the Latin word for "Profit". Our organization's mission is to improve the efficiency, cost effectiveness, and profitability of our clients.
Profectus, n. [Latin. advance, progress, profit].
1. The residual value gained from business operations..
2. Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence pecuniary gain in any transaction or occupation; as, a profit on the sale of goods..
3. Accession of good; valuable results; useful consequences; to be of service or advantage; benefit; avail; gain..