Collaboration is vital to effectively work together as a team. However, inefficient meetings are a colossal waste of money and a source of frustration for those who get dragged into them. You could put a clock on the wall but people would probably ignore it. But if you show them that your little tangent just wasted $500 of their bonus pool, then it stings a bit more.

Company Dime helps you unveil the hidden cost of your meetings which motivates you to get to the point and stop dragging in unnecessary people.

Using the app, you can create a meeting specifying its name, participant count, and average hourly rate. You can then run a timer for that meeting that displays in big bold numbers the estimated cost of the meeting as each second goes by. You can pause, reset, and even retroactively change the meeting settings and duration. The app keeps track of the meetings that you have created for later reference but you can also discard them at your convenience.