CostTracker Pricing, Features, Reviews & Comparison of Alternatives

CostTracker

Budget control and purchase order management for businesses

5.0/5 (1 review)

CostTracker overview

What is CostTracker?

CostTracker is a cloud-based purchase order solution, which assists businesses with cost tracking and purchase order management. Key features include budget control, collaboration, workflow management, invoice processing, data synchronization, and reporting.

The CostTracker platform enables users to create purchases, define digital approval processes, track cost, and set budgets with multiple categories for purchase orders. It enables managers to check the approval status of purchase requests, set up role-based permissions for team members, add comments or modifications to purchase orders, and maintain documentation for auditors. Plus, team members can access all purchase requests on a unified portal, in order to enhance quality assurance and decision-making.

With CostTracker you can choose to continue using your accounting system for invoice approval. CostTracker will then read the accounting transactions and match these with purchase orders in CostTracker. You can also attach invoice transactions directly to budgets in CostTracker making sure you are 100% aligned with your accounting system.

CostTracker offers an application programming interface (API), which facilitates integration with various third-party accounting systems. It helps users synchronize invoices to provide insight into financial commitments and budget statuses. Businesses can also use CostTracker to implement three-way matching to identify fraudulent invoices, incorrect deliveries, missing goods, and more, preventing payment-related discrepancies.
www.costtracker.com

Pricing

Starting from
$139/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, Germany and 3 other markets, Latin America, Mexico, Middle-East and Africa

Supported languages

English, Norwegian
CostTracker screenshot: CostTracker data visualizationCostTracker screenshot: CostTracker profit and loss statementCostTracker screenshot: CostTracker sales order managementCostTracker screenshot: CostTracker invoice processing

CostTracker reviews

Excellent
1

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Morten Halleraker

Great product that gives us full control

Used weekly for 6-12 months
Reviewed 2020-01-22
Review Source: Capterra

We used to work in excel or place order in an informal way. CostTracker has made it easier for us to have clear agreements with our suppliers and at the same time 100% cost control. W we save a lot of time and money by using CostTracker.

Pros
With CostTracker we get full control on the cost in our projects with drill-down into each project. Very easy to use and helps the whole team keep track of all our commitments, deliveries and budgets. Always easy access to all purchase related information. Easy to set up and easy to use.

Cons
Nothing so far, but we will keep looking

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

CostTracker pricing

Starting from
$139/month
Pricing options
Free trial
Subscription
View Pricing Plans

Basic version costs $139 per month for 1-5 users
Plus version costs $229 per month for 5-9 users
Gold version costs $329 per month for 10-19 users
Diamond version costs $549 per month for 20-50 users

CostTracker features

API
Accounting Integration
Activity Dashboard
Audit Trail
Compliance Management
Invoice Processing
Third Party Integration
Workflow Management

Accounting Management (163 other apps)
Automatic Notifications (147 other apps)
Billing & Invoicing (166 other apps)
Customizable Reporting (148 other apps)
Data Import/Export (152 other apps)
Electronic Payments (147 other apps)
Expense Tracking (148 other apps)
Financial Analysis (112 other apps)
Invoice Management (212 other apps)
Multi-Currency (143 other apps)
Real Time Data (139 other apps)
Reporting & Statistics (214 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for CostTracker

Key features of CostTracker

  • Access Controls/Permissions
  • Budget Management
  • Collaboration
  • Percent-Complete Tracking
  • Purchasing Reports
  • Receiving/Putaway Management
  • Reporting/Project Tracking
  • Sourcing Management
  • Spend Management
View All Features

Benefits

- Real-time budget tracking
- Drill-down budget functionality (down to individual purchase orders and invoices)
- 100% alignment with your accounting software (ensures that ALL cost is captured and with the right value)
- Integrated or stand-alone
- Cloud based and easy to use