WiseCost Description

WiseCost is a cloud-based software solution designed specifically for government contractors and nonprofit organizations that handle federal grants, offering essential features for contract-level timekeeping and labor cost distribution in conjunction with QuickBooks Online. Employees can log their time based on specific projects or categories, certify their timesheets, and submit them for managerial approval. Meanwhile, administrators have the capability to import payroll information, allocate labor and associated costs among various contracts or grants, compute fringe benefits, overhead, and general and administrative rates, as well as create journal entries directly in QuickBooks Online. The software generates comprehensive reports that include labor distribution, indirect rates, profit and loss statements, and comparisons between budgeted and actual figures. Additionally, it maintains a secure audit trail that tracks all changes and approvals for accountability purposes. WiseCost further enhances its utility by offering a read-only REST API, allowing for the seamless export of time and labor information to other platforms. CPA firms benefit from a specialized multi-company dashboard that aids in managing and supporting their client organizations effectively. This integration of features makes WiseCost an invaluable tool for both compliance and efficiency in financial management.

Pricing

Pricing Starts At:
$149/month
Pricing Information:
WiseCost Standard costs $149 per month for 5 users; each additional user costs $15 per month. A 14-day free trial is available with no credit card required. The subscription is billed monthly with no long-term commitment, and customers can cancel anytime. A QuickBooks Online subscription is separate.
Free Trial:
Yes

Integrations

API:
Yes, WiseCost has an API

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Company Details

Company:
WiseCost
Year Founded:
2026
Headquarters:
United States
Website:
www.usewisecost.com

Media

Labor Distribution setup screen with ready payroll periods, timesheets, employees, and total hours.

Labor Distribution setup screen with ready payroll periods, timesheets, employees, and total hours.

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
Training Videos
Customer Support
Online Support

WiseCost Features and Options

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