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Tempo Budgets (Server/Data Center) vs. Cost Tracker (Cloud)

Tempo Budgets is a Jira Server/Data Center product that is not currently available for Jira Cloud.* However, Tempo does offer Cost Tracker, a financial solution for Jira Cloud, which was released to the Atlassian Marketplace early in 2020.

Special Considerations for Evaluating Cost Tracker

Tempo Cost Tracker leverages the power of Tempo Timesheets to deliver a financial overview that lets you track costs to quickly assess and monitor the financial health of your projects. It is intended to solve similar use cases to Tempo Budgets.

Although Cost Tracker does not match all of Budgets' features, it duplicates the core functions with added improvements. In addition, Cost Tracker has an advantage over Budgets with those fundamental comparisons:

  • Easier setup and faster path to value

  • Optimized architecture for scalability on Cloud

  • Public API enhanced along with new features being continuously added

  • Better integration with the Tempo product suite

One important consideration is that while the two products aim to address similar use cases, their underlying technical architecture is completely different. As a result, there is no formal migration path available from Budgets to Cost Tracker but there are other methods of migrating Budgets' data. Make sure to check out the Cost Tracker API that can help you perform the migration of your data from Tempo Budgets. For example, it can be enabled to create your projects in Cost Tracker. Refer to the Cost Tracker API documentation for help.

To help you evaluate whether the move from Budgets to Cost Tracker is right for you, we have put together a table to show where key functionalities diverge.

= available

= not available

= future consideration

For more details on some key features, see Server/Data Center vs Cloud: Detailed Feature Comparisons.

Functionality

Budgets Server/Data Center

Cost Tracker Cloud

Alternative

Functionality

Budgets Server/Data Center

Cost Tracker Cloud

Alternative

Use Cases

 

 

 

Project budgeting

 

Project tracking

 

Revenue tracking

 

Account management

Cost Tracker provides CAPEX/OPEX accounts. Billable and internal accounts are not available yet.

Service contract management

 

Earned Value Management (EVM)

Vote for this idea in https://ideas.tempo.io/ideas/T-I-724

Revenue forecasting

 

Cost forecasting

 

Portfolio

Permission management for portfolios is not available in Cost Tracker yet.

Archiving portfolios to maximize performance is not available in Cost Tracker yet.

Billed hours support

 

Track external expenses

 

Budget milestones

 

Reports

 

 

 

Expense report

Expense data in Cost Tracker is exported to a .CSV file for reporting.

Status report

A status report is not available in Cost Tracker but you can alternatively see the project status in the project screen.

Revenue report

A revenue report is not available in Cost Tracker but you can alternatively see the revenue breakdown in the project screen.

Indices / forecasting report

 

Variance report

 

Report export

 

REST API

 

Gadgets

Vote for this idea in https://ideas.tempo.io/ideas/T-I-2102 .

Configuration

 

 

 

Global cost rates

Vote for this idea in https://ideas.tempo.io/ideas/T-I-1917 .

Flexible rates with effective dates

 

Permission restrictions

 

Issue expenses

You can add expenses on a project in Cost Tracker.

Auto-populate teams

 

* New features will be introduced to Cost Tracker to address additional use cases. Tempo is currently investing in the development of this product based on ongoing feedback we receive from existing Cost Tracker customers, partners and evaluators. Any idea entered or voted for in the Idea Portal is carefully reviewed and evaluated by Tempo's product team before any potential roadmap consideration. Ideas do not always make it on our roadmaps but they get proper visibility.