Learn how to profit from employee labor - Now!
Do you wish you could easily and accurately calculate
your REAL labor and labor burden costs?
...Or how much you're (probably) under-charging
on your employees' labor?
Qlean$tart® Accounting Solutions
Employee Cost & Pricing AnalyzerTM (eCPA)
Losing money because you don't know your labor and labor burden costs?
Labor burden calculations reveal what each employee REALLY costs per production hour...
And without underlying, fully-burdened labor cost data, how do you know that you're charging or earning the right amount? For example, let's assume that one of your employees (after allowing for time off and overtime) is available to work 1,850 hours per year. If you're undercharging by just $5/hour on one employee you're forfeiting income of $9,250 per year...or if you're undercharging by $12/hour, you're losing $22,200 each year! And that's for just one employee. Imagine the impact on your entire company over a period of several years...
Why you (likely) don't have access to accurate, fully-burdened labor cost information...
In larger corporations, professional, experienced cost accountants regularly document the numerous time and cost elements that contribute to labor burden. (Definition: Labor burden is comprised of the paid time off and various additional costs that a company incurs to create a work environment in which an employee can perform what he/she has been hired to do.)
Those cost accountants then compute exact burdened labor costs per production hour and the results are used by management and sales departments for estimating and pricing calculations. Because very few general bookkeepers (or even experienced general accountants) know how to accumulate and calculate labor burden rates, most smaller companies just don't know exactly what their fully-burdened labor costs really are. As a result, employee costs are generally under-estimated, and the company continues to struggle under the weight of hidden labor costs.
Finally, an easy-to-use cost calculation and pricing solution!
Because so many clients really needed this information, as management accountants, Info Plus has years of experience working through employee cost, billing, and labor profitability calculations with hundreds of clients, Because independent businesses need this critical information as much as larger companies, and because there was no other reasonable solution available in the marketplace, we developed our proprietary, Qlean$tart Accounting Solution: Employee Cost and Pricing Analyzer™ (eCPA).
How does the eCPA work, and what will I see?
This easy-to-use software kicks off your information-gathering with a Reference Sheet. Then, with minimal entry, it computes fully-burdened employee labor costs, and target billing rates (annual, hourly, and even to the minute) for 1 to 200 employees. Individual employee results include:
- Detailed and summary labor burden cost and targeted (desired) income by employee
- Estimated annual $ resulting from under (or over) charges
You’ll see company-wide results for up to 25 departments or employee levels in two summary sheets:
- Summarized labor burden and target income by department, process, or employee level.
- NEW: A bird's-eye summary view of results for Direct, Indirect, and G&A departments or processes.
eCPA has been designed to be flexible, customizable, and appropriate for a multitude of businesses and industries, including construction, manufacturing, engineering, attorneys, consultants, and other professional and technical services.
eCPA provides fact-based information to help you:
- Prepare accurate labor estimates and make profitable pricing decisions
- Assign fully burdened labor costs to job cost reports
- Determine whether, and for which employees, overtime is a smart business decision (sometimes it is!)
- Measure productivity and create data-based employee evaluations
- Make objective compensation and benefit decisions
- Know when it makes good business sense to outsource or add more employees
- Assign the correct costs when employees work for multiple companies you own
Additional benefits for QuickBooks or Enterprise users:
- eCPA has been designed to provide the information you need to automatically post allocated burden costs to QuickBooks job-cost reports
- Complete instructions included
Watch an online demo for the eCPA
eCPA is available in four versions - You will select the version that fits your company's needs upon checkout:
Version e — up to 6 departments/employee levels and 40 employees $227
(for smaller companies with basic operations - e.g. 3 levels for "production" employees or departments + owner, admin, and sales departments)
Version C — up to 10 departments/employee levels and 100 employees $327
(for companies desiring to track more production stages, departments, or employee levels)
Version P — up to 25 departments/employee levels and 100 employees $427
(for companies with even more departments or increasingly complex production phases)
Version A — up to 25 departments/employee levels and 200 employees $527
(for larger companies with a variety of departments and/or complex production processes)
Note 1 - File customized with your name will be delivered electronically within 1-2 business days. License is valid to compute results for a single business entity (name of entity appears on all reports). Please indicate the name of the entity to appear on reports during the checkout process.
Note 2 - Consultants & Accountants: We love working with consultants and accountants, but please note that this product is NOT licensed for use to compute results for multiple entities. If you wish to utilize this product for more than one client, please contact us for helpful insights and discounted licensing arrangements. We appreciate your consideration regarding legal intellectual property rights....
Note 3 - Due to upgrades & enhancement, this product was originally released as the Qlean$tart Labor Burden Calculator. It has been renamed to the eCPA (Employee Cost & Pricing Analyzer) to more accurately reflect its expanded capabilities.
