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 |
---|---|---|---|
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.