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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 TimeTrust?

TimeTrust is an innovative digital tool tailored for organizations that require precise tracking of employee hours for payroll and job monitoring purposes. This solution goes beyond simple time logging, as it automatically distinguishes between regular, overtime, and double-time hours while enabling users to log hours spent on various jobs, including different stages and cost centers. Moreover, TimeTrust streamlines the approval process by allowing management to review timesheets before they are integrated into accounting and payroll systems. Knowing how much time employees allocate to specific tasks is vital for evaluating the true profitability of projects. A significant challenge is to keep this process user-friendly and efficient for all employees while ensuring it can be accessed from any location. TimeTrust effectively meets these challenges, providing payroll administrators with permission-based access to scrutinize employee details prior to finalizing submissions. By simplifying these workflows, TimeTrust not only boosts operational efficiency but also increases the accuracy of payroll management, ultimately contributing to better financial oversight for organizations. This comprehensive approach can lead to improved employee satisfaction and streamlined operations across various departments.

Media

Media

Integrations Supported

Gusto
QuickBooks Online

Integrations Supported

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

$195 per month
Free Trial Offered?

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
On-Site Training

Company Facts

Organization Name

WiseCost

Date Founded

2026

Company Location

United States

Company Website

www.usewisecost.com

Company Facts

Organization Name

Plus Software

Company Location

China

Company Website

www.plussoftsolutions.com/timetrust/

Categories and Features

Time Tracking

Not specified

Categories and Features

Time Tracking

Not specified

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