Costlocker 2019 Review

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Last updated: Mar 29, 2019

Costlocker Review

ITQlick rating
(5/5)

Starting from $9 Per month/user

Costlocker is a cloud-based budgeting solution designed to help the user manage costs and profits for agencies and companies. The solution helps to see the client and project profitability, monitor invoicing & ...

  • Categories :

    • Expense Management
    • Performance Review
    • Project Budgeting
    • Time Tracking

What is Costlocker? Updated: Mar 29, 2019

Costlocker is a cloud-based budgeting solution designed to help the user manage costs and profits for agencies and companies. The solution helps to see the client and project profitability, monitor invoicing & predict cash flow, and learn the types of projects to focus on and more. The user can get accurate reports on the expenses incurred including the rates, salaries, and overhead costs.

The solution can help budget projects easily, supervise budget spending, see who is doing what and manage invoices in one place. The solution helps the user easily estimate costs and budget projects conveniently by entering team members, project fees, and discounts and overheads. It allows the employees to monitor their time automatically or fill the timesheets manually at the end of the day and it calculates the time for them.

The solution also enables the user to monitor their project performance. It also helps them watch and manage cash flows. It integrates with third-party apps. The solution helps the user automate fee-based projects, watch budget spending on time, and get alerts about man-hour limits.

Costlocker Average Rating -

The rating of Costlocker is 5 stars. The rating is based on ITQlick expert review

Costlocker Typical Customers

Costlocker customers are mainly SMBs. Most commonly, it can be deployed in industries such as marketing and advertisement, technology and software development, business consulting, engineering services, and others. Some notable Costlocker clients include Lions Mouth Digital, Symblaze, and SevenCentric etc.

Costlocker Features

Costlocker offers comprehensive tracking of project profits and costs along with working hours spent on each project. Different projects can be analyzed and compared based on project data. Tasks can be grouped by projects and recurring tasks can be set. Core budgeting and expense management features include creation and forecasting of budgets, hourly rate setting, and tracking expenses and hours.

Costlocker offers resource allocation capabilities with resource directory and resource utilization tracking. Expense and financial reports can be created and exported in CSV format. The software also offers time reports, creating teams and groups, and a customizable dashboard.

Costlocker Alternatives

The two main competitors of CostLocker include TimeLive and Harvest. TimeLive is a cloud-based time tracking software solution just like CostLocker. CostLocker is a product of CostLocker and in contrary TimeLive is a product of LiveTecs which was founded in 2006 and based in the United States.

TimeLive offers support online and via a 24/7 live support and on the other hand CostLocker offers support online. Both TimeLive and TimeLocker are ideal for small, medium-sized and large enterprises.

Both Harvest and CostLockers is a cloud-based time tracking solution. Harvest is a product of Harvest which was founded in 2006 and based in the United States while CostLockers vendor is CostLocker. CostLocker offers support online, but Harvest offers support online and during business hours. Both Harvest and TimeLocker are ideal for small, medium-sized and large enterprises.

Costlocker Pricing Information

The pricing Structure is as follows:

• Monthly Subscription – It costs $20 per user

• 6-Months Subscription – It costs $16 per user

• Yearly Subscription – It costs $12 per user

• It offers a 30-day free trial, and one can cancel at any time.

Costlocker demo

25 questions to ask the vendor on Costlocker demo

Is Costlocker the right software for me?

CostLocker is ideal for owners and managers in agencies and companies. It caters to businesses in multiple industries including retail, healthcare, media & entertainment, consulting, digital marketing & e-commerce, hospitality, education, healthcare, utilities, energy, manufacturing, transportation, construction and public sector among others.

Costlocker Categories

Expense Management
Performance Review
Project Budgeting
Time Tracking

Specifications

Company:
Address: Milady Horakove 1, Prague 7, 130 00
Customers: Start up, Small business, Medium business
Business Area: Finance management, Project Management, Service management
Platforms: Cloud
Operating Systems:

Costlocker Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Costlocker
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
94/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.4/10
License pricing license pricing (if provided by the software vendor)
$9 Per month/user
Hosting
Cloud
Functionality score
4
Fit small business
Fit medium business
Fit large business
Software review
Harvest
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
90/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$12 Per month/user
Hosting
On premise and Cloud
Functionality score
16
Fit small business
Fit medium business
Fit large business
Software review
Boomr
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
88/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$4 Per month/user
Hosting
Cloud
Functionality score
18
Fit small business
Fit medium business
Fit large business
Software review
TRUE
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
87/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$29 Per month/user
Hosting
On premise and Cloud
Functionality score
14
Fit small business
Fit medium business
Fit large business
Software review
TimeCamp
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.6/10
License pricing license pricing (if provided by the software vendor)
$5 Per month/user
Hosting
On premise and Cloud
Functionality score
15
Fit small business
Fit medium business
Fit large business
Software review