Yes. Wrike lets you set separate bill rates (what you charge clients) and cost rates (what resources cost your business) at the user, job role, or project level. These rates feed Wrike’s financial fields, which automatically calculate planned and actual fees and costs as work is estimated and time is logged. This gives teams real-time visibility into project economics rather than a reconciliation at the end.
Wrike calculates planned fees and costs from estimated effort and your rates, and actual fees and costs from tracked time and the same rates. Both update automatically, so you can compare planned versus actual as work happens and spot budget variance early instead of at project close. This view is what turns time tracking into real financial control.
Yes. Wrike supports a full time-approval workflow: team members submit time, approvers review it, and approved timesheets can be locked so entries can’t be edited afterward. This protects the accuracy of billing and payroll data and gives finance teams a defensible record. Locked, approved time can then flow into reporting and downstream billing.
Yes. Wrike lets you plan capacity by job role, see who’s overbooked or underutilized, and compare upcoming project demand against available hours. Teams can match the right people to work by job role and availability, and anticipate resourcing needs from the sales pipeline before projects are confirmed. This helps services teams know whether they can take on new work before committing to it.
