Construction Cost Management Starts with Great Data
As a capital improvement project owner, you account for costs differently than your contractors or project managers.
Using e-Builder’s project cost management capabilities provides you with control over the budget and funds based on accurate, data-driven forecasting.
- Connect cash flow to your schedule for various services
- Visuals of how cash flow is going to behave throughout the course of your project
- Use automated workflows to reduce risk of manual input and overspending
- Forecast with accuracy and confidence
Efficient Financial Administration and Distribution
Keep costs down by keeping change order approvals in the software with electronic signatures. Know who you are paying, how much, and when.
Accurate Financial Forecasts
Quickly toggle between different currencies and provide real-time project updates with our multi-currency cost feature. Know your cash flow expectations and when contractors, consultants, engineers, and architects need to get paid.
Improve Cost Control of Your Budget
As an owner, accurately tracking your funds can advance contingency reserve plans, or serve up greater profit margins sooner rather than later. Great leadership can happen when you take control of your budget with construction budgeting software.
Work From Home Financial Security
Rest easy knowing your finances are secure, your payments are going to the right contractors at the right time, and all financial tasks can be completed remotely and updated across all systems with our seamless cloud integrations.
Read the Three Keys to Successful Construction
Construction typically accounts for approximately 70% of an organization’s capital improvement budget, so effectively managing costs is crucial. But the construction industry — more than perhaps any other — is prone to changes and contingencies that can lead to overspending and waste. This can be crippling for a private business, and career-killing for public officials who manage projects with taxpayer dollars.
The Definitive Guide to Digital Transformation for Owners of Capital Improvement Programs
Download our Definitive Guide to Digital Transformation for Owners of Capital Improvement Programs and learn why leveraging an advanced digital construction management solution like e-Builder Enterprise—which is designed for owners like you—will effectively aid in managing the funding, tracking and reporting of your infrastructure-related projects. Get your complimentary guide.