Your costs are constantly changing. Which means the budgeted hourly cost rates in your MIS/ERP software should also change.

If you haven't updated the rates in your MIS/ERP software in the last 6-12 months, all of your cost-based calculations, reports, and benchmarks are likely incorrect including:

• Estimating labor, factory, SG&A, & other costs
• Establishing prices based on costs & markups
• Calculating cost based or value-added based commissions.
• Tracking job labor, factory, spoilage, & other costs
• Tracking profitability of jobs, products, & customers
• Calculating the value of work-in-process & finished goods
• Measuring effectiveness of employees, equipment, & production
• Any screen, report, or data based on a BHR

Cost Rates Advisor solves this problem. It makes it easy to keep your budgeted hourly rates updated! With just a few clicks, import or input your latest expenses and other accounting data, and watch as your rates are instantly updated !

By leveraging rates that reflect your current financials, you'll generate more accurate estimates, make informed pricing decisions, and win more "Good Sales" with optimal profit margins.