This is a construction job cost tracking and reporting system.
JobCOST Controller helps track construction job accounting and cost tracking. That way, you are able to detect cost overruns immediately and are able to react suitably. Unless costs can be kept under control, overruns will eat into your profit margins and make the job undertaken less lucrative. Construction job costs are tracked in real time. Cost overruns and potential losses get flagged immediately. Unlike financial accounting system, this system built on top of the Excel, helps track budget, actual, committed and forecasted costs. Construction progress is tracked by category and thus over budget and under budget activities are evident directly. The tool generates detailed variance report compared to the initial baseline. The utility will provide immediate alerts whenever potential losses are detected. It thus ensures your jobs are done on-time and on-budget.
Construction projects often overshoot budgets. Thus close monitoring is the only means of keeping things under control. Corrective measures then can be initiated in a timely manner. Costs are tracked based on specific categories. Being based on the familiar Excel spreadsheet, there is hardly any familiarity time required. Though it is not for beginners, professionals would be able to take to it very quickly. User definable cost categories ensure, all costs are covered besides the standard ones. Local adjustments are possible. The tool is able to forecast costs at project completion. That is a figure of merit which accurately tells you if there’s going to be cost overruns. Cost variances are always visible on display. Extensive help system is useful. This is a very good product.