WiseCost Pricing: Cost and Pricing plans

WiseCost Pricing

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Pricing Insights for Time Tracking Software

The Average Cost of a basic Time Tracking Software plan is $6 per month.
WiseCost pricing starts at $149/month, which is 2383% higher than similar services.
64% of Time Tracking Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 39% offer a Freemium Model Allows users to access basic features at no cost..

WiseCost Standard $149.00 $149.00 per month

Includes 5 users, plus $15 per month for each additional user. No long-term contract. 14-day free trial, no credit card required.

- DCAA-compliant time tracking

- Timesheet approval workflow

- Automated labor distribution and journal entry posting

- QuickBooks Online integration

- Immutable audit trail

- Allocation of direct and indirect costs

- CPA dashboard and multi-company management

- Priority support and dedicated onboarding

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WiseCost FAQs

What is WiseCost?

WiseCost is DCAA compliance software for small government contractors who run their books in QuickBooks Online. It covers daily timekeeping, timesheet approvals, labor distribution, indirect rates and an audit trail, and QuickBooks Online stays your accounting system.

Is WiseCost DCAA approved?

No software is DCAA approved. DCAA evaluates your accounting system as a whole, including your policies and how your team follows them. WiseCost gives you the controls auditors look for in timekeeping and labor distribution.

Does WiseCost replace QuickBooks Online?

No. QuickBooks Online stays your accounting system, and nothing in your books moves. WiseCost syncs your accounts, employees, classes and projects, and writes back labor cost as a journal entry that an admin reviews before it posts.

How much does WiseCost cost?

WiseCost costs $149 per month including 5 users, plus $15 per month for each additional user. There is no long-term contract, and you can start with a 14-day free trial with no credit card.

How long does it take to get started?

Connecting WiseCost to QuickBooks Online takes about a minute, and your team can start logging time the same day. Labor distribution needs a few more settings, such as each employee's pay and the role of each account.

Does WiseCost calculate indirect rates?

Yes. WiseCost calculates fringe, overhead and G&A rates from your QuickBooks Online data, based on the role you give each account. The Indirect Rate report downloads as an Excel workbook with live formulas.

Can CPA firms use WiseCost for their clients?

Yes. CPA firms can work with their client companies from a CPA Dashboard, and their team members see only the clients assigned to them.

Is there a long-term contract or minimum commitment?

No. WiseCost is billed monthly with no long-term commitment, and you can cancel anytime.

Is WiseCost right for me if I’m just starting as a GovCon?

Yes. WiseCost works for contractors at every stage. Starting with compliant timekeeping from day one is easier than changing your systems after you win a contract.

How much does WiseCost cost?

The pricing for WiseCost starts at $149.0 per month. WiseCost has a single plan:

WiseCost Stard at $149.00 per month.

Learn more about WiseCost pricing.

Does WiseCost offer a free plan?

No, WiseCost does not offer a free plan.

Learn more about WiseCost pricing.

What is the best time tracking software?

When choosing the best time-tracking software, the top options combine ease of use, strong integrations, flexible reporting, and scalability across teams. Based on recent reviews, recommended tools include Harvest, Time Doctor

Compare WiseCost Pricing Against Competitors

Product Name	Starting Price ($)	Billed	Unit	Free Trial	Learn More
WiseCost	149	per month	-		WiseCost Pricing
Clockify	3.99	per month	per user	-	Clockify Pricing
Harvest	10.8	per month	per user	+	Harvest Pricing
Buddy Punch	2.99	per month	-	+	Buddy Punch Pricing
Jibble	2.49	per month	per user	+	Jibble Pricing
Time Doctor	5.9	per month	per user	+	Time Doctor Pricing
ClockShark	8	per month	per user	+	ClockShark Pricing
OnTheClock	3.45	per month	per user	+	OnTheClock Pricing
ClickTime	10	per month	per user	+	ClickTime Pricing
actiTIME	6	per month	per user	+	actiTIME Pricing

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WiseCost Features

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Time Tracking Features

Timesheet Management

Helps to accurately manage timesheet information for easy accessibility

Offline Time Tracking

Enables one to track time in offline mode as well

Mobile Time Tracking

Allows tracking time using a mobile device

Billable & Non-billable Hours

Tracks billable and non-billable hours to help in better estimate making and quote clients accordingly

Leave Tracking (Vacation)

Assist in keeping track of leave and holidays for easing the payment calculation process

Overtime Calculation

Simplifies the process of calculating extra hours worked for by staff or team members

Multiple Billing Rates

Helps in creating customized billable rates for different team members at job

Automatic Time Capture

Employs data mining tactics to index, cleanse and derive meanings of time-related information on the basis of timestamps

Employee Database

Helps in providing an organized collection of employee data

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Accounting Features

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Budget Forecasting

Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.

Payroll Management

Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Multi-Currency

Enables payment and collection in multiple currencies.