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.

Key component for continuing to grow and profit
Increases sales and profits within a few months
So easy, we update BHRs every few months.
Gave more confidence in estimates and cost sheets.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..