Labor Cost Capitalization

Track and Report Capital Labor Expenses with Precision and Confidence

Many organizations try to capture capital labor costs but constantly struggle due to inadequate time tracking systems which grossly under-report the hours employees spend working on capital projects.

In addition, differentiating between capital labor and non-capital labor hours can be a nightmare.

Replicon TimeCost simplifies tracking and reporting of capital labor hours with up-to-the-minute time and cost data for all your projects. With TimeCost you can classify projects, tasks and hours as capital or non-capital and apply unique, configurable business rules to stay compliant and pass any audit.

Use TimeCost to:
  • Get a complete picture of capital labor expenses across all projects
  • Assign only authorized people to the right projects
  • Normalize data based on total work hours in a week
  • Create validations to face even the most rigorous audits with confidence

 

Start using TimeCost to capture your capital labor costs today!

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