Project Budget & Cashflow Management
Manage your project finances optimally.
Controlled Cashflows
SmartProject provides project budget management tools for engineering & construction. It enables accurate and up to date visibility of your actual project spend against the planned project budget to help you minimize overruns and maximise profitability, all in real time as the project progresses.
“100% time saved due to assurance of working with the latest drawings and documents, 100% savings due to quality process being properly enforced, 100% payment realization due to real-time reports.”
Atul R Sandhan, Assistant General Manager - Civil, Tata Consulting Engineers
Create and Manage Budget
Create linked to project activities, schedule and bill of quantity (BOQ), enabling effortless project budget management.
Spending & Earning Timelines
Forecast revenue & spending timeline as per the budget & schedule.
Actual Vs Budgeted
Monitor the actual costs Vs actual earnings Vs budget for each activity in real-time.
Complete cost control toolkit
Minimize cost overruns with a powerful cost control toolkit.
Budget & Cashflow Features
Create and Manage BOQ
Budget Registration
Cost Breakdown Structure
Link Budget with Activities & Project Schedule
Configurable Workflows to track Actual Costs & Revenue
Track actual cost against budget (PO Registration)
Link payment terms to actual costs
Track actual revenue against costs
Revenue milestones linked to schedule
Value of Work Done analysis
Joint Measurement Sheet
Track Invoices
Certification of Payment
Cashflow Visibility - Budget Vs Actual Burned Vs Actual Earned
Real-time Cost Control & Monitoring
Additional Resources
Case Study: Cushman & Wakefield
The case shares how Cushman & Wakefield used SmartProject to manage all their project management activities from pursuit to closeout.
Case Study: Reliance Industries
The case explores how Reliance used SmartProject as an end-to-end fully integrated project performance monitoring system.
BLOG : Major Steps of Project Budgeting
The post explores how appropriate estimation methods that suits best for the project and phase will help improve the accuracy of project budgets.