Skip to content
Cost Management

Optimise your financial operations with Worktivity

Payouts, billable hours and billing under one roof

Worktivity's cost management solutions simplify complex financial operations. From precise payout calculations to automated invoicing, the numbers come from tracked work rather than reconstructed estimates.

What's included

Transforming financial efficiency

Three capabilities that connect tracked time directly to the money it represents.

Payout calculator

Calculate payments for freelance and project-based team members accurately, based on the hours and contributions actually recorded.

Billable hours calculation

Derive billable hours automatically from tracked time, so project cost assessments and invoices agree with each other.

Billing automation

Automate invoicing for faster, error-free billing, and give clients the transparency that shortens payment cycles.

A closer look at Cost Management inside Worktivity
Benefits

Here's how your team benefits

  • Efficient payout calculations

    Automated payouts ensures accurate and timely compensation for every team member.

  • Precise billable hours tracking

    Understand resource utilisation and project profitability from measured data.

  • Automated billing processes

    Cut errors out of invoice creation and shorten the whole billing cycle.

  • Transparent financial operations

    Accurate records improve accountability and reduce disputes over what was billed.

  • Optimised cash flow

    Efficient billing and payment tracking keep cash flow steady and predictable.

Advantages

Advantages and impact

When financial operations run off tracked work, accuracy stops being an end-of-month exercise.

  • Time saving

    Automate payouts calculation and invoice creation, removing manual work and manual errors.

  • Financial accuracy

    Precise calculations and detailed invoicing mean records you can make decisions from.

  • Steady cash flow

    Efficient billing and payment tracking build financial stability into operations.

Teams working with Worktivity's Cost Management solution
Results

Impact on ROI

What automated cost management returns across a full financial year.

  • Time savings

    Automated tracking removes manual administrative tasks from the finance workflow.

  • Increased billable hours

    Accurate capture means every billable hour reaches an invoice.

  • Enhanced productivity

    Better time management and resource allocation raise output alongside revenue.

Industries

Which industries benefit most

Cost management solutions are strongest where client billing and internal cost control depend on the same time data.

  • Professional services

    Bill clients accurately for hours worked across multiple concurrent projects.

  • Consulting firms

    Monitor consultant activity to keep engagements profitable and well managed.

  • Creative agencies

    Track time spent on client work so billing reflects the effort it took.

  • Software development

    Allocate time across the phases of a development project and cost them properly.

  • Remote teams

    Keep distributed work transparent and costed correctly wherever it happens.

  • Manufacturing

    Monitor work hours on production lines to optimise resource use.

Optimise your financial processes with Worktivity

Streamlined payouts, accurate billable hours and efficient invoicing. Start your free trial and close the next month on measured data.

No credit card required