Control of budgets, payments and deviations for projects in the construction industry
Task
In construction projects, cost data was often scattered: estimates in Excel, reports in paper, bank payments. This made it difficult to monitor the real financial picture and manage money quickly.
Solution
Implemented in the System:
control over budget items
plan/fact comparison
register of payments and contracts
payment statuses and comments
reports for customers and control services
Result
The project received a centralized tool for accounting and analyzing finances. Planning has been simplified, cost control has increased, and the number of errors and delays in payments has been reduced.