Breaking News

Profectus debuts cloud-based software

April 2, 2013

Cost Rates Advisor is designed to "take the mystery out of calculating budgeted hourly cost rates."

Profectus, Inc., a national consulting firm that helps printing and packaging organizations improve their business, has announced the debut of Cost Rates Advisor is a cloud-based software that is designed to take the mystery out of calculating budgeted hourly cost rates. The software design systematically compiles and distributes 100 percent of an organization’s expenses among each piece of production equipment so that all costs are accurately recovered in estimates, pricing, and job costs.

According to Profectus President Craig Press, Cost Rates Advisor takes the guess work out of estimating and pricing. “Cost Rates Advisor gives shops a more accurate picture of their out-of-pocket manufacturing and overhead costs so they can intelligently and competitively price jobs” says Press. “It helps organizations eliminate pricing errors that can lead to lost work and improve estimates to make the shop more competitive. Ultimately, Cost Rates Advisor can be a secret weapon to increasing revenue and greater profits.”
Cost Rates Advisor was designed based on proven cost accounting principles, best practices, and standards used by the industry leaders. Expenses, wages, and assets can be allocated to sales and administration, building occupancy, a department, or a cost center. Employees working on several machines can have their wages and expenses distributed to multiple cost centers.

Three-tiered pricing makes it easy for companies to choose between a straightforward do-it-yourself approach and more fully featured professional and consulting-level plans. All financial and personal information is protected on encrypted and secure servers. According to Press, the Cloud-based service provides even more advantage in terms of mobility and anywhere accessibility. “Because Cost Rates Advisor is in the Cloud, users can access it from anywhere, at any time, and can easily keep their cost rates up-to-date to reflect cost changes.”
  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning

  • Drupa 2016 a ‘resounding success’

    Drupa 2016 a ‘resounding success’

    Steve Katz, Editor||July 15, 2016
    The label industry was well-represented as visitors showed strong interest in the latest printing technologies.

  • Promotional Labels

    Promotional Labels

    Greg Hrinya, Associate Editor||July 15, 2016
    This ‘louder’ label announces new products, pricing, discounts, giveaways and more.