About Cost Rates Advisor
An AI-powered platform for printing and packaging businesses to calculate, analyze, and benchmark equipment and service costs and Budgeted Hourly Rates (BHRs) to ensure accurate pricing and profitability.
Cost Rates Advisor is a specialized, AI-powered software platform developed by Profectus Inc. for the printing and packaging industry. It focuses on the critical task of calculating Budgeted Hourly Rates (BHRs), which are essential for accurate estimating, pricing, and job costing. By analyzing a company's actual financial and production data, the software helps businesses recover 100% of their expenses, including labor, factory, and overhead costs. A key differentiator is its ability to benchmark these costs against industry peers, providing actionable insights that help shops win profitable work while avoiding low-margin jobs. The platform is cloud-based, requiring no local installation, and is designed to integrate with major Print MIS/ERP systems. It includes features for what-if scenario modeling, historical audit trails, and automated expense allocation. Profectus complements the software with expert consulting support, offering a Quick Start service for businesses that need assistance with initial setup. Pricing is structured with annual or monthly subscription options, and the platform is backed by a 30-day money-back guarantee.
Pros & Cons
- Automates complex BHR calculations to ensure all operational expenses are fully recovered.
- Provides unique industry benchmarking capabilities to compare costs against peers.
- Integrates with a wide range of existing Print MIS and ERP software solutions.
- Cloud-based architecture allows for flexible access from any device with a browser.
- Includes expert consulting support to assist with setup and best practices.
- Requires manual data import from accounting systems which may be a hurdle for some users.
- Pricing is primarily focused on annual or monthly subscriptions without a free tier.
- The platform is highly specialized for the printing and packaging industry, limiting its utility for other sectors.
Features
Key features
Automatically generates accurate BHRs for any printing or packaging equipment or service based on financial and production data.
Compares labor, factory, and overhead costs against industry peers to identify competitive positioning.
Provides actionable insights into cost components to help identify inefficiencies and improve profit margins.
Exports calculated rates for use in various estimating, pricing, and job costing MIS/ERP software.
Allows management to create multiple rate sets and scenarios to project profitability under different conditions.
Additional features
Accounts for and recovers all sales, administrative, factory, labor, and other operational expenses.
Tracks and recovers all employee wages, benefits, and taxes within hourly rates.
Effortlessly imports financial data from spreadsheets, income statements, and accounting systems.
Creates various cost and material markups to optimize pricing strategies.
Generates income statements and profit margin projections based on budget data.
Maintains a record of rate changes for financial transparency.
Runs in the cloud for 24/7 access via any web browser on PC, Mac, or tablet.
Pricing
Monthly plans
Annual plans
Countries & Languages
Interface languages
Billing currencies
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About Cost Rates Advisor
An AI-powered platform for printing and packaging businesses to calculate, analyze, and benchmark equipment and service costs and Budgeted Hourly Rates (BHRs) to ensure accurate pricing and profitability.
Cost Rates Advisor Details
Cost Rates Advisor's In-App Market Place
Does Cost Rates Advisor have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Plans
Monthly plans
Annual plans
Accepted Payment Currencies
USD ($), GBP (£), EUR (€), CAD (C$), AUD (A$), JPY (¥), CHF (CHF), INR (₹), CNY (¥), MXN ($)
Pros & Cons
- Automates complex BHR calculations to ensure all operational expenses are fully recovered.
- Provides unique industry benchmarking capabilities to compare costs against peers.
- Integrates with a wide range of existing Print MIS and ERP software solutions.
- Cloud-based architecture allows for flexible access from any device with a browser.
- Includes expert consulting support to assist with setup and best practices.
- Requires manual data import from accounting systems which may be a hurdle for some users.
- Pricing is primarily focused on annual or monthly subscriptions without a free tier.
- The platform is highly specialized for the printing and packaging industry, limiting its utility for other sectors.
Cost Rates Advisor's Support Options
Email Address
advisor@profectus.comContact
1-888-868-8662Cost Rates Advisor's Alternatives
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