Understanding the dashboard
The Costs Explorer Dashboard helps firms analyse job-related costs, providing insights into time costs and disbursement costs across different client groups, jobs, and tasks. It allows users to filter costs based on Added WIP or Invoiced WIP, helping firms track how much work has been added versus what has been billed. This dashboard is useful for evaluating profitability, identifying cost-heavy jobs, and optimising resource allocation.
Why is it important?
The Cost Explorer Dashboard allows you to:
Highlight jobs with significant time or disbursement costs, enabling firms to evaluate whether efficiency improvements or pricing adjustments are needed to maintain profitability.
Verify that all incurred costs—both labor and disbursements—are accurately captured and billed, ensuring nothing slips through the cracks.
Explore the Cost Explorer Dashboard by clicking through the interactive demo below!
Interactive demo
(Click the top-right play button to start the voiceover)
Dashboard FAQs
How are Time Costs computed?
Calculated by multiplying your billable hours by your internal cost rate per hour. This helps track the actual cost of the time spent on client work. Formula: Time Costs = Billable Hours × Cost Rate per Hour
How are Disbursement Costs computed?
Formula: Disbursement Costs = Total WIP value of the disbursement Incurred + Markup (if applicable)