New Feature: Real-Time Project Profitability & Margin Forecasting

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Marcel Petitpas

Marcel Petitpas

November 2, 2020

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New Feature: Real-Time Project Profitability & Margin Forecasting

Nov 2, 2020 | 0 comments

Marcel Petitpas

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We’re very excited to announce the release of our newest major feature: Real-time profit & margin Forecasting.

Users can now import cost rates from Harvest, or manually input cost rates for their services and get real-time forecasts on costs, profit and margin % as they build out their estimates.

With rates, cost data included on comparable projects will automatically be pulled in on services and margins will be alculated automatically as you tweak hours, rates and budgets.

Users will be able to manually override the values pulled in from Harvest with a few clicks:

This feature is perfect for agencies who are using lots of contractors or partners, or use a gross margin target to assess the viability of their work.

For more information on how to use the new monthly feature, head to our support docs.

Not signed up for Parakeeto yet? Start your Free Trial today and see what it’s all about!

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