This article explains the different methods for calculating ProPay budgets in Protiv automations and helps you choose the best one for your needs. 🧮
When setting up a ProPay automation in Protiv, you need to decide how the budget for each ProPay will be calculated. This budget determines the maximum amount that can be paid out for the job, including both the base pay and any potential bonuses.
Protiv offers three methods for calculating ProPay budgets:
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Using the job's contract price: 📄
- This method bases the ProPay budget on the total contract price for the job.
- It's a good option if you want the ProPay to be a percentage of the overall project cost.
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Using the labor budget: 👷
- This method bases the ProPay budget on the estimated labor cost for the job.
- It's useful if you want to focus on controlling labor costs and incentivizing efficient work.
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Using the hours budget: ⏳
- This method bases the ProPay budget on the estimated number of hours required to complete the job.
- It's a good choice if you want to encourage your team to finish jobs within a specific timeframe.
Which Method Should I Choose? 🤔
The best method for calculating your ProPay budget depends on your specific needs and goals. Consider the following factors:
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Type of Job: Some jobs may be better suited to certain calculation methods. For example, if a job has a fixed contract price, using the contract price method might be the most straightforward option.
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Cost Control: If you're primarily concerned with controlling labor costs, the labor budget method might be a good choice.
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Time Management: If meeting deadlines is a priority, the hours budget method could be the most effective.
Important Note: The availability of these calculation methods may depend on your Protiv integration.
Need More Help?
If you're not sure which calculation method is right for you, or if you have any other questions about ProPay budgets, don't hesitate to contact Protiv support. We're here to help! 😊