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What is WiseCost?

WiseCost is a cloud-based software platform tailored for government contractors and nonprofit groups managing federal grants, providing critical functionalities for time tracking and labor cost allocation alongside QuickBooks Online. Employees can record their hours by specific projects or categories, verify their timesheets, and submit them for approval from management. Administrators can import payroll data, distribute labor and related costs across different contracts or grants, calculate fringe benefits, overhead, and general administrative rates, as well as generate journal entries directly within QuickBooks Online. The system produces detailed reports that encompass labor distribution, indirect rates, profit and loss statements, and comparisons between budgeted and actual expenditures. Moreover, it establishes a secure audit trail that logs all modifications and approvals for accountability. To further enhance its functionality, WiseCost includes a read-only REST API, which enables easy exporting of time and labor data to various systems. CPA firms gain an advantage through a dedicated multi-company dashboard designed to streamline the management and support of their client organizations. This combination of features positions WiseCost as an essential resource for ensuring compliance and improving efficiency in financial oversight, ultimately contributing to better decision-making for stakeholders.

What is GovCon365?

For more than twenty years, GovCon365 has positioned itself as the premier Microsoft partner specializing in software and cloud solutions compliant with DCAA standards. If your business is involved in any aspect of selling, manufacturing, or offering professional services to the Federal Government, implementing Microsoft’s Dynamics Business Central through GovCon365 is crucial for your operational success. This all-encompassing platform seamlessly brings together finance, project accounting, labor tracking, HRIS, resource management, capture management, payroll, EVM, and Microsoft Power BI, making GovCon365 and Microsoft the perfect fit for government contractors. Utilizing artificial intelligence alongside the Microsoft cloud empowers your organization to produce actionable insights that steer employees toward making informed decisions while boosting overall business performance. You can effortlessly navigate through each high-level chart to access detailed metrics concerning accounts, leads, revenue, and services, enhancing your understanding of your operations. Furthermore, reports can be customized to align with your specific informational requirements, ensuring you have the data you need at your fingertips. The web-based Time and Expense module guarantees that both direct and indirect labor costs are accurately billed to clients, cultivating transparency and reliability throughout your financial operations. Consequently, this greatly simplifies the management of project expenses and enhances the accuracy of budgeting efforts, allowing for more strategic financial planning in the long run.

Media

Media

Integrations Supported

Gusto
QuickBooks Online

Integrations Supported

Microsoft 365
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI

API Availability

Has API

API Availability

Pricing Information

$149/month
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 Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

WiseCost

Date Founded

2026

Company Location

United States

Company Website

www.usewisecost.com

Company Facts

Organization Name

GovCon365

Company Location

United States

Company Website

govcon365.com

Categories and Features

Time Tracking

Not specified

Categories and Features

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