Cost Control & Cashflow Management
Monitor the cost performance of the project by analyzing the budget, commitment and actual spend data by integrating with ERP systems. Generate Realtime Earned Value Cost curves and dashboard for stakeholders to take proactive actions to eliminate cost overrun.
Cost Management capabilities
Monitor the cost performance of the project by analyzing the budget, commitment and actual spend data by integrating with ERP systems. Generate Realtime Earned Value Cost curves and dashboard for stakeholders to take proactive actions to eliminate cost overrun.
“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
*Based on customer feedback
Create and Manage Budget
Create cost break structure with standardized cost codes and capture the budgets, commitments and payment milestones. Associate the milestones to project activities and its schedule.
Cash flow planning & monitoring
Forecast revenues & expenditures and monitor the cash flow in real time. Get notified if there is impact on cash flow due to delay or progress in deliverables
Cost Control
Monitor the actual costs incured Vs planned for each cost code. Monitor on Earned value Curve based on realtime information through integration with ERP. Also monitor cost based on Value of work done and take necessary corrective action to prevent cost overrun.
Complete cost control toolkit
Minimize cost overruns with a powerful cost control toolkit.
Budget & Cashflow Features
Create and Manage Cost Codes
Budget Definitions
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
Revenue vs Budget S Curve
Revenue milestones linked to schedule
Value of Work Done analysis
Book Costs
Track Invoices
Payment Certification
Cashflow Visibility
Real-time Cost Control & Monitoring
Additional Resources
Case Study
L&T Construction - MMH is India's leading turnkey EPC solution provider of metallurgical projects.
White Paper
Thought Leadership: Post-Pandemic Workforce Transformation Potential in the Engineering Consulting Industry
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.