COST AND PROFITABILITY MANAGEMENT
Cost management software that maximizes profitability
No more guesstimates. No more overspending surprises. Project cost tracking that’s more than just a ledger—it’s a lens into your entire business.
30 DAY TRIAL
NO CREDIT CARD REQUIRED
)
See your costs.
Shape your strategy.
Sharpen your profitability.
Cost management software that puts you in control
No two teams are the same—so use a software that fits the way you uniquely work. Set custom rates, profit margin targets, and billable time benchmarks so you’re tracking profitability—as defined by you.
Project profitability made predictable
Crystal-clear visibility on budgets, costs, and profitability—all in one place. Pinpoint scope creep before it becomes profit bleed so you stay on budget, every time. Set budget caps in advance so you’re never caught off guard.
Report, invoice, get paid, and repeat
Make decisions rooted in data, not guesswork. Know the most (and least) profitable projects and clients so you can choose future work based on past ROI. Automatic, summarized, and integration invoicing means hassle-free billing.
Say goodbye to budget chaos—plan with precision
Scope costs and plan resources before the work even begins. Overspending isn’t just annoying—it’s costly.
Estimate costs and effort so your quote is airtight
Custom billable and cost rates
Multi-currency for clients across multiple geographies
)
No more scope creep or nasty end-of-month surprises
Real-time budget tracking and cost forecasting, so you know exactly where every cent is going.
Track costs in real-time—billable hours & expenses
Get automatic alerts when budgets go off track
Control margins without the spreadsheet gymnastics
)
Maximize billable time and make it count
Manual time tracking means lost hours and missed revenue. Turn it around with built-in tracking.
Capture every billable moment without the overhead
Log billable time in a billion different ways
Always know where your time is going
)
Know what’s profitable and get paid for the work you actually do
Stay on top of actuals vs. forecasts and make sure all your efforts turn into revenue.
See which projects or clients are profitable at a glance
Drill into the data so you can do more of what works
Automate invoices, integrate billing, keep cash flowing
)
Budget overruns, guesstimates, and manual time tracking are costing you more than money.
Budgeting set-up
Quotes
Multi-currency
Profit margin target
Task list budgets
Budgets (fixed fee, retainer, time and materials)
Cost oversight
Cost rates
Billable rates
✨ AI powered expenses ✨
Billable time tracking
Budget notifications
Time tracking
Built-in timer
My timesheet
Company timesheet
Time approvals
Time reminders
Reporting and invoicing
Profitability report
✨ AI Profitability forecaster ✨
Time report
Financial and utilization insights
Invoicing
Account integrations (Xero, Quickbooks, and more)
Cost management matters. Teamwork.com makes tracking it easy.
Get all the tools and reports you need in the easy-to-use platform actually built for client work.
)
Teamwork.com has helped us to improve both productivity and profitability by giving better visibility into projects and resource planning.
Sarah Friedlander Garcia
Senior Director, Brand & Content Marketing, SugarCRM
Team success meets cost efficiency: Stories that inspire.
){kind=logo}
“One of the best parts about Teamwork.com is how everything comes together and you can really see everything.”
)
Kara Pitre
Director of Operations
){kind=logo}
"We’re still finding really cool, innovative tools within Teamwork.com itself that surprise and delight people all day long."
)
Kyle Duford
President and Executive Creative Director
){kind=logo}
“The insights and visibility Teamwork.com can provide are some of the key features we love about it.”
)
Bernard Williams
Co-Founder & CTO, OIC Advisors
)
Calculating project profitability: Tips and techniques for success
)
5 key takeaways from the ‘The Mastering Agency Profitability Guidebook’
)
Project cost tracking: 8 steps for tracking costs and expenses
)
Maximize your profits: Mastering the art of tracking billable hours
)
Balancing books: 8 best time and billing software for accountants
)
5 strategies for getting clients to pay on time
)
Unlocking efficiency: Proven tips for professional services billing