Cost Gem logo

Cost Gem

by Freshfield Solutions · Since 2014
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorFreshfield Solutions
Year launched2014
StatusActive
LocationPO BOX 691, Wembley WA 6913, Australia
Countries servedGlobal
Languages8
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesN/A

About Cost Gem

Cost Gem is a cost management software platform from Freshfield Solutions designed to assist organizations in tracking and managing expenses effectively. It includes budgeting tools, forecasting capabilities, and detailed reporting features so users can gain insights into financial performance. With Cost Gem, organizations can analyze spending patterns, identify cost-saving opportunities, and monitor budget variances in real-time. The platform's user-friendly interface allows team members to collaborate on budgets and share reports easily. Key capabilities: budgeting tools forecasting capabilities detailed reporting features expense tracking collaboration tools Best for: finance teams that need to manage organizational costs efficiently.

Cost Gem by Freshfield Solutions is a comprehensive architecture software designed to streamline project management for professionals in the architecture, engineering, and construction industries. Its primary purpose is to provide an all-in-one solution for managing costs, timesheets, project schedules, and invoicing. Key features include timesheet management, project reporting, revenue forecasting, and file management, making it a robust tool for handling various aspects of project management. The user interface of Cost Gem is designed with simplicity and functionality in mind. The layout is clean and intuitive, allowing users to navigate through different modules with ease. The dashboard provides a clear overview of ongoing projects, upcoming deadlines, and financial summaries. Unique design elements, such as visual graphs and color-coded schedules, enhance the user experience by making data interpretation straightforward. The interface is user-friendly, even for those who may not be tech-savvy, ensuring that all team members can utilize the software effectively. In terms of functionality, Cost Gem excels with its extensive range of features tailored specifically for the architecture and construction sectors.

Pros & Cons

Pros
  • Good features for timesheets, payroll, and invoicing management.
  • Excellent value compared to previous software.
  • Local support is prompt and helpful.
  • Provides visual graphs for better data understanding.
Cons
  • Limited integration with accounting systems (e.g., not compatible with QuickBooks).

Features

Key features

Web-based timesheets

Manage employee timesheets online, eliminating paper or spreadsheet hassles.

Automated reminders

Set custom email reminders for timesheet completion.

Detailed Timesheet Reports

Generate reports by week or month for payroll processing and salary payments.

Customizable Project Stages

Define project stages specific to your workflow, from design to handover.

Mileage Tracking

Track travel distance per project for invoicing and employee reimbursement.

Project Cost and Revenue Analysis

Analyze project costs in relation to invoice revenue to track performance.

Project Milestones

Set key dates and tasks for each project to keep track of progress.

Project Calendars

Generate calendars with crucial project dates for easy reference.

Project Variation Tracking

Capture and invoice variations in project time for accurate billing.

Project File Management

Upload and store project-related files for easy access.

Flexible Project Invoicing

Generate invoices based on time spent, percentage, or lump sum.

Employee Scheduling

Schedule work for employees to optimize project planning and resource allocation.

Project Revenue Forecasting

Forecast anticipated revenue for each project and compare against actual income.

Unbillable Time Categories

Track non-billable hours for training, leave, and administration.

Regional Reporting

Separate projects and employees by region for location-specific insights.

Departmental Management

Report on activities of different disciplines (e.g., architects, engineers) per project.

Flexible Staff Rates

Set multiple charge-out rates for individual employees or groups.

Rate Adjustments

Adjust charge-out rates before invoicing for specific projects or clients.

Subcontractor Invoicing

Upload and process invoices from subcontractors and consultants.

Accounting Export

Export invoices for seamless integration with cloud accounting software like Xero or QuickBooks.

Additional features

Web-based timesheets for each employee
No more excel templates or spreadsheets
Timesheet email reminders at custom times
Employee timesheet reports by week / month for payroll processing
Print weekly or monthly timesheet reports for paying salaries
Customisable stages for each project
Kilometres / Miles travelled for each project
Project reporting showing employee costs against invoice revenue
Project reports show your design performance against your plan
Project milestones
Project calendar showing stages, variations & milestones
Print and distribute a calendar of key dates for your project
Project variation tracking
Project file management
Project invoice generation by time, percent or lump-sum
Schedule work for all your employees
Project revenue forecast
Unbillable time categories for training, leave and administration
Regions to separate projects and employees
Departments to manage multiple disciplines
Multiple charge out rates per employee or employee group
Charge out rate adjustment prior to invoicing
Subcontractor invoicing
Export invoices for processing

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Small
AUD 25/mo
billed monthly
Medium
AUD 55/mo
billed monthly
Large
AUD 95/mo
billed monthly

Countries & Languages

Global
Countries served
8
Interface languages
9
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB

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