Improving your Firms Profit Margins with Rapport3

In the competitive landscape of engineering projects, achieving higher profit margins is a constant pursuit for firms aiming to grow sustainably. For more than 20 years, Rapport3 has been helping engineers improve their profit margins and achieve long-term success. With a team of experienced product experts, we have a proven track record of success.

·    Charging the Correct Fee

Project fee planning is essential to ensure that engineering firms charge their clients the right amount for the work involved. Rapport3 offers an Outline Budget plan, enabling firms to assess the work required and allocate the fee accordingly. 

To ensure maximum profitability, companies can align the costs of project delivery with the fees charged. This helps optimize profit margins from the beginning.

Firms can add extra work stages to the project to further safeguard against additional work carried out by the team. With this system, the team can easily track their work hours on timesheets and request additional fees from their clients more efficiently.

·    Reviewing Cost & Charge-Out Rates

Regularly reviewing and updating cost rates is another vital aspect of managing profit margins effectively. 

Rapport3 provides a seamless platform to review and adjust cost rates to ensure that they appropriately reflect the actual project costs. Additionally, the system's inflation tool allows firms to increase rates each year for lengthy projects automatically.

·    Resourcing & Staff Utilization

One of the key drivers of profitability is maximizing staff utilization. With Rapport3's labour plan, firms can efficiently allocate staff members to projects based on their skills and availability. 

This ensures that each team member is optimally utilized, working on prominent projects. Regularly reviewing these assignments using Resourcing reports allows firms to make necessary adjustments and optimize staff allocation for even better profitability.

When asked about Rapport3’s staff utilisation, Jamie Siggers from CampbellReith commented, “Rapport3 enabled us to see our utilization base. With Rapport3, we are able to efficiently and effectively see what our costs are. Rapport3 has most definitely helped us increase revenue and efficiency, resulting in more profit.” 

·    Utilizing Powerful Reporting Tools

Rapport3 comes equipped with a range of powerful reporting tools, empowering engineering firms to gain deeper insights into project performance. 

The Home Screen dashboard provides visibility into current and forecasted profitability. It enables users to review and make adjustments in advance.

Rappport3’s Power Bi Reporting highlights projects that are in progress but have yet to generate invoices. 

Engineering firms can effectively track their progress towards financial goals by comparing current margin levels with target margins set in the Rapport3 system.



Rapport3 offers a comprehensive solution to plan, manage, and optimize projects, enabling firms to charge the correct fees, adjust cost rates, maximize staff utilization, and gain valuable insights through powerful reporting tools. By adopting Rapport3, engineering firms can ensure long-term financial success and growth in the competitive market.

Click to read more about how Rapport3 can empower your engineering projects.