You have many options for both revenue and cost calculations. For revenue cycle you can prefer using different price lists – your service pricing might be fixed, hourly, daily or man-days – or free/ non-revenue-generating projects. Even many companies use cost-plus pricing methodology depending on their project needs. Cost of services also automatically calculated based on different staff-rates. If you are using Expense module, you can recharge your customers for expenses with an incremental margin. Briefly, Wremia automates all financial calculations from planning to billing, accounting to collection if you prefer to use entire package.
Although our server are located in the USA, Wremia, Inc. complies with the EU-U.S. Privacy Shield Framework and the Swiss-U.S. Privacy Shield Frameworks as set forth by the U.S. Department of Commerce regarding the collection, use, and retention of personal information transferred from the European Union and Switzerland to the United States. Please see below pages for details, and we will be happy to take your further questions, if any:
Wremia does not keep any record of your credit cards and even does not make any transactions on own servers. You will make payments via the one of the leading global online payment processor’s web-service. We have a Data Processing Agreement (DPA) with Stripe as a 3rd party service provider in line with GDPR.