Automating the Markup Workflow
Many small business owners struggle with the gap between what they pay a subcontractor and what they bill the client. You've probably spent hours auditing vendor invoices and manually adding a percentage in a spreadsheet, only to realize you forgot to bill for one of the items. This creates losses that are hard to track until it's too late.
The solution is a cost plus billing engine. Instead of treating subcontractor costs as simple expenses, you treat them as billable items with an attached markup rule. For each billable unit, whether fixed or hourly, your rate with the specified markup guarantees that it's profitable.
This approach removes the risk of human error and ensures that your profit is baked into the process. Your clients see only the final price that includes your markup. You stop worrying about whether you're charging enough to cover your management time and start seeing a predictable return on every outsourced task.
How Do It By The Hour Solves This
DoItByTheHour.com simplifies subcontractor management by integrating cost tracking and client billing into one seamless operation.
- Automatic Markup ApplicationFor each service you offer, specify markup amounts or percentages that apply for each unit billed.
- Direct Cost to Invoice SyncPush subcontractor expenses directly into client invoices with the markup already calculated.
- Automated ProfitInvoices are generated from the services assigned to your project's billable tasks, so billing will always be profitable.
There's A Better Way
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