Tempo Cost Tracker

RATING:

4.3

(10)
Overview

About Tempo Cost Tracker

Cost Tracker is a financial tracking app for Tempo Timesheets. Cost Tracker turns team's tracked time efforts into a real-time reflection of project's financial health. Logged time data is collected autonomously to set users free from manual data entry in standalone spreadsheets and enables them to stay organized. Use it to track budgets, milestones, labor costs, fixed and recurring expenses, billable and non-billable time, revenue, and profitability. Leverage that data to judiciously manage budget allocation, craft accurate and detailed estimates. Features include financial data sharing, KPIs, budget, expense, and progress tracking. Cost Tracker also offers an application programming interface (API), allowing users to integrate with different applications, add new func...

Tempo Cost Tracker Pricing

Cost Tracker for Tempo Timesheets offers a free trial for 30 days and is available on monthly or annual subscriptions. Pricing for more than 10 users scales with the number of users. $10/month for up to 10 users $1.75/month/user for 11-100 users For more details, contact Tempo

Starting price: 

$10.00 per month

Free trial: 

Available

Free version: 

Not Available

Mighty Financial Tracker - Tracks budgets, milestones, labor costs, fixed recurring expenses, billable non-billable time, and revenue in real-time. Leverage that data to judiciously manage budget allocation, craft accurate and detailed estimates.
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Tempo Cost Tracker Reviews

Overall Rating

4.3

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4

Most Helpful Reviews for Tempo Cost Tracker

10 Reviews

User Profile

Luke

Verified reviewer

Marketing and Advertising, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2020

The final piece of the puzzle

Cost Tracker is easy to use and so powerful in its ability to visualize what is otherwise commonly hidden in spreadsheets. The whole agency has a transparent view of the financial health of our projects and programmes and we can make faster more considered decisions

PROS

We use Cost Tracker to measure, and more importantly, visualise our profitability. We tried many tools but none integrated as seamlessly into the Atlassian ecosystem as Tempo. It’s great to have a Birdseye view of our costs across many projects and programmes and be able to distinguish between cost rates and billable rates.

CONS

Being an early release, I’m hoping the full suite of features from Tempo Budgets slowly makes it way over to Cloud and that Cost Tracker continues to evolve in a way that retains its user friendly interface that’s as useful for savvy users as it is non-technical stakeholders and sponsors

Reason for choosing Tempo Cost Tracker

It’s close integration with Jira, it’s flexibility based on Jira’s powerful JQL engine and it’s user friendly UI.

Reasons for switching to Tempo Cost Tracker

Harvest didn’t integrate with Jira nearly as much as the combination of Tempo Timesheets and Cost Tracker

User Profile

Nate

Verified reviewer

Marketing and Advertising, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed July 2020

Easy time tracking, budgeting features with many advanced options

PROS

Tempo was the only solution we found that we could configure to meet our fairly unique needs without any custom coding or development. It has tight Jira integration, reporting and analysis capabilities that we're still learning more about, and day-to-day usage is simple for the full team.

CONS

The only hard part was moving from Jira Server to Jira Cloud, but we were able to move server data to cloud as expected.

Reasons for switching to Tempo Cost Tracker

We wanted one integration solution for project management and time/budget tracking.

Vendor Response

Thank you for taking the time to write a review Nate! We're very happy that you're finding Cost Tracker easy to use.

Replied July 2020

Alex

Marketing and Advertising, 11-50 employees

Used less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

3

CUSTOMER SUPPORT

3

FUNCTIONALITY

3

Reviewed July 2020

Pretty good

PROS

Haven't gotten too far with implementation but early signs point to this working well.

CONS

Making sure that it works with the other plugins and processes we have set up to get the most from our data

Vendor Response

Thanks for your input, Alex. As well as Cost Tracker's existing integration with Tempo Timesheets, you can look out for an integration with Tempo Planner coming soon!

Replied July 2020

Anonymous

11-50 employees

Used weekly for less than 6 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2020

Very simple to use

Good overall, but more features are needed

PROS

- Simple to install and configure - Charts are simple to read and understand

CONS

It does require some more functions like - managing support contracts' P&L - notifications when exceeding amount value - tracking non billable hours in the contract vs billable/revenue - more reporting

Reason for choosing Tempo Cost Tracker

- Better Cost - Native Jira Integration with Jira

Reasons for switching to Tempo Cost Tracker

Easier to manage in Tempo

Mauricio

Information Technology and Services, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

FUNCTIONALITY

5

Reviewed July 2020

Complete feature set, a bit difficult to use at the beginning

PROS

We really like the plugin and it covers all our needs. The reporting is great and helps us to keep track of all the projects costs.

CONS

It's not super intuitive to configure. It really helps that docs are quite complete, but would help if the tool would be more intuitive or have a bit more of info on screen about how to configure.

Reasons for switching to Tempo Cost Tracker

Costs and integration with JIRA

Vendor Response

Thank you for your review Mauricio! We're happy to hear that Cost Tracker is covering your needs. And thank you for your feedback on the configuration process, we aim to keep it as simple as possible. For an on-screen tour of the software, see https://youtu.be/9LyDFesyMv8

Replied July 2020

Jim

Computer Software, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

FUNCTIONALITY

4

Reviewed July 2020

A few months in and we're very happy and expanding our use of Tempo

We've been very pleased with Tempo since first deploying it a few months ago. We're now expanding our use to include third parties and contractors working on shared projects for better metrics and streamlined payment.

PROS

Ease of use, pricing, integration with Jira and other systems, ability to export data.

CONS

We haven't found anything limiting our needs yet.

Reasons for switching to Tempo Cost Tracker

Integration with Jira, pricing.

Vendor Response

Thanks very much for taking the time to write this review Jim! It is great to hear that your team is happy with Cost Tracker and expanding its use.

Replied July 2020

Rashad

Information Technology and Services, 11-50 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed July 2020

Cost Tracker Review

Overall the product is easy to use, configured and understand.

PROS

The ability to place cost for both the resources and the billing rate are very important

CONS

The inability to have multiple filters to one cost tracker setup to give a complete picture is an issues. Also the manual grouping of issues within a cost tracker. The inability to track overall budget and projected cost and report on both. I would like to set up one cost tracker for example where the budget/Revenue may be 100K. The expected cost is 40K. I would like to see how much of the overall revenue amount is consumed at my bill rate and also see how much of my targeted cost is consumed as well. I would also like to be able to share information from cost tracker with out having grant admin right to indviduals that may not need to see certain resources by name and HR specifics like their hourly cost.

Vendor Response

Thank you for your detailed review, Rashad! We are always working to improve our products and have a lot of relevant features on the roadmap already. We expect filter improvements on the project page in the next fall release, and other pages will be considered in future. Multi-select group functionality has been introduced recently to reduce manual work in the scope page. There is also a forecasting functionality coming, when Cost Tracker will integrate with Tempo Planner. Finally, permission improvements are expected in the end of year release.

Replied July 2020

Silas

Information Technology and Services, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed August 2021

Feedback about Tempo Cost Tracker

PROS

Complete integration with Jira. It's a huge help for us that we can book time directly on support tickets and then use the cost tracker to see how profitable a project is.

CONS

Sometimes I don't trust the system 100%. The problem is that when you create a project and then add a new ticket, you have to open the project in the cost tracker first to see the current status. It would be very helpful if this would happen automatically in the background.

Reasons for switching to Tempo Cost Tracker

We wanted to have all the information in Jira, so it made sense to use Tempo Cost Tracker.

Lorenzo

Internet, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed August 2021

Great and simple

PROS

Very easy to setup, first charts are online in a matter of minutes

CONS

Needs to have default resource rates customizable, setting them up "per project" requires lots of repetitive manual work

Gavin

Telecommunications, 11-50 employees

Used monthly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2021

Does the job well

Been good so far

PROS

Easy to track labor cost in the projects

CONS

Can be pricey/expensive once all team members begin using it

10 Reviews