What is a rate card?

Rate cards list all your roles and associated charge-out rates. They allow you to set rates for the services you provide.

Rate cards give you the flexibility to:

  • define different charge-out rates for different roles, since people with different skills and experience will likely have different rates.
  • offer different pricing to different groups of clients.

For example, you may have a special set of rates for charitable groups, a specific client, or long-term projects. Also, your senior designer will likely have a higher charge-out rate than your junior designer.

The great thing about rate cards in Runn is that, once set up, you can re-use them for multiple projects.

Every Runn account comes with a standard rate card for your standard rates. New projects will use this standard rate card by default, but you can also set-up custom rate cards and assign them to your projects as needed.

Rates will be “0” initially, so make sure you set up your rates to get accurate financial forecasts.

Assigning a rate card to a new project

To track your internal projects and any associated labor costs, e.g. your sales proposals or your office move, use your internal rate card.

When you set up a new project, the standard rate card is selected by default. You can change that by choosing a different rate card from the Rate card drop-down.

Any projects you create under your internal client will use your internal rate card by default, but again, you can change that by selecting a different rate card. 

Go to Projects in Runn’s top level nav.

  1. Click the Add New Project button
  2. Enter the name of the project in the Project Name field
  3. Select the rate card to be used with the project from the Rate card drop-down
  4. Select the client for the project in the Client drop-down
  5. Select the project status in the Status drop-down
  6. Click the Create button

Assigning a custom rate card to an existing project

Go to Projects in Runn’s top level nav. 

  1. Click on the Details button for a project on the Project list
  2. Click the cog button
  3. Select Edit Details
  4. Select a rate card from the Rate card dropdown
  5. Click the Save button

Still have questions? We're happy to help! 

Did this answer your question?