Rate/h and cost/h
Everyone has a selling rate per hour and a cost per hour. Only admins see and change them.
Profitability
Project profitability: which work pays off
Budget, cost and sale price against the hours each person actually put in. A traffic light per project tells you which one is on track and which one is eating your margin, before you invoice it.
30 days free, no card required. Then €6 per person per month + VAT.
Economic Health
At-risk Only
The numbers
Where every figure comes from
Nothing gets typed twice. The hours come from the timer and the prices from each person and each project.
Real hours
Logged on the project, on its jobs and on its tasks. They all count.
Budget, cost and final price
In the project’s profitability block. Cost is whatever isn’t hours: printing, licences, outside services.
Hourly price= hours × each person’s rate/h
Hourly cost= hours × each person’s cost/h
Result= sale price − the price of all its hours
The traffic light
Green, yellow or red, at a glance
Every project carries a coloured dot. The rules change once the project is invoiced, or done with a sale price, because from then on what matters is the money.
While the work goes on
- Below 80% of its hour limit
- Between 80 and 100% of the limit
- Over the limit
- No hour limit: grey, nothing to measure it against
Once invoiced or done
- The sale price covers the price of all its hours
- The price of its hours is above the sale, but it never turns red
Filters
Filter the way you think
By period
Current month, last 30 days, current year, previous year or the dates you choose. The summary adds up the period’s hours; each project in the list shows in full.
By client
All their projects together: what each client leaves you, without adding up by hand.
By status
Budget, Production, Done, Invoiced or Cancelled.
By text
Search by code, title, description, notes or client name.
The detail
Who worked how much
Open a project to see its hours, the price and cost of those hours, the project cost, the budget and the sale price. Below, each person’s participation: their hours, their rate and cost per hour, what it adds up to and what share of the project is theirs.
And also
What it saves you a spreadsheet for
Automatic sale price
Mark a project as invoiced without a sale price and Wolovy fills it in: budget plus cost or, if there’s neither, the hours times each person’s rate/h.
Forecast in the calendar
The calendar’s month view shows admins that month’s logged hours, their cost, the budget and the sale price.
Only the right people see it
Profitability is for admins. And if you don’t want it, it switches off for the whole company.
Questions
About profitability
What is it called in the app?
Economic Health. It’s in the side menu and only admins see it. On this site we call it Profitability.
Where do I set what each person costs?
In Users: everyone has a rate/h and a cost/h. Only admins see and change them.
What does a yellow project mean?
If it’s still going, it has used between 80 and 100% of its hour limit and hasn’t gone over yet. If it’s invoiced, or done with a sale price, the price of its hours is above the sale price.
Do task and job hours count?
Yes. Every hour logged on the project counts: direct, on its jobs and on its tasks.
Does the team see profitability?
No. Profitability is only visible to the company’s admins.
Can I look at a specific date range?
Yes: current month, last 30 days, current year, previous year or a custom period.
What if I invoice a project with no sale price?
Wolovy works it out: budget plus cost or, if there’s neither, the hours times each person’s rate/h.
One tool. The whole agency.
Get started
30 days, no card. Then €6 per person per month + VAT.