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The ABA Cost Management Tool
 

This cost model delivers significant benefits for studio production by transforming informal billing and tracking into a precise, actionable system.
 

Overall, this model enables studios to meter and manage their economics as precisely as their audio, leading to better profitability, transparency, and operational control.

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Key benefits include:
 

1. Accurate, Real-Time Billing

  • Captures billable time as it happens with a live session clock, eliminating lost hours and manual timesheet reconstruction.

  • Rounds time to the nearest quarter hour, ensuring every session is fully accounted for.

2. Detailed and Flexible Cost Tracking

  • Models productions with up to ten milestones and 82 tasks but adapts to any project size, use as much or as little detail as needed.

  • Eighteen cost centers (room, gear, engineering, talent, etc.) allow for granular pricing and payout calculations.

3. Transparent, Defensible Pricing

  • Separates and prices four types of value (room, gear, engineering, talent) so clients see exactly what they are paying for.

  • Dual rate cards (standard and premium) and per-client discounting make pricing flexible and transparent.

4. Proactive Overrun Management

  • Tracks estimated vs. actual hours and costs per task and milestone in real time, making scope drift visible before invoicing.

  • Turns potential billing disputes into informed conversations, not arguments.

5. Automated Settlement and Payouts

  • Calculates house share, partner share, facilities overhead, and talent payouts per cost center, reducing negotiation and errors.

  • Talent earnings are broken out by milestone for clear, timely settlement.

6. Comprehensive Dashboard and Reporting

  • Provides a ten-second overview of revenue, expenses, and profit by cost center group.

  • Milestone and talent-by-milestone breakouts help analyze profitability and inform future bookings.

7. Minimal Administrative Burden

  • Requires only three button presses per session (start, pause, close), with the rest handled automatically.

  • Delivered as a single Excel workbook—no logins, subscriptions, or vendor lock-in.

8. Improved Client and Team Communication

  • Produces itemized, milestone-based records so clients know exactly what they bought and why it cost that amount.

  • Ensures all concessions and goodwill are tracked and visible, quantifying their impact on profitability. 

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