Synerion Labor Costing

Control Labor Costs. Meet Profitability Targets.

Synerion Labor Costing enables you to track, at any given time, work hour utilization per task/project at the organization, department, or employee level, and to ensure that the company maintains its profitability objectives.Synerion Labor Cost screen

The Synerion Labor Costing system provides tools for task-based costing and for ongoing real-time monitoring of labor costs.

The system calculates costs based on attendance reports and allows comparison between planned and actual.

Labor Costing system – Labor allocation, costing, reporting and monitoring

  • Cost tracking of tasks/projects in real-time at employee, department, and company levels allows maintaining the budget framework
  • Automatic detection of deviations from plan and email alerts to managers/employees
  • Embedded analytics provide managers with real-time data about the distribution of work hours by tasks/periods, comparisons between attendance hours and task reports, and enable the identification of problematic issue and trends as well as taking prompt corrective action
  • Management reports provide a range of task / project data analysis capabilities, including matters related to employment agreements, work time invested, breaks, overtime, unreported hours, irregularities, and more.
 
With Synerion Labor Costing you can maintain business objectives, even in dynamic business environments.
  
Labor Costing system – A smart management tool to control labor costs
  • Customer record keeping and billing based on actual hours spent on a task
  • Parallel cost charges for multiple tasks, and proportional allocation of working hours
  • Calculation by cost rate and billing rate
  • Display and access to current data, including calculated data, without the need to run additional calculation programs
  • Identifying and reducing non-billable hours
  • Self-service tools with an intuitive and innovative interface that enable employees and managers alike to report and access data based on their authorization level
  • Synerion’s Labor Costing system is authorized to report work hours to the Chief Scientist’s Office.
 
 
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Learn more about Synerion Labor Costing system

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