Job Costing module enabling real-time tracking of budgets, costs, progress, WIP, change orders, and detailed reporting.
Vendor
Foundation Software
Company Website
The Job Costing module provides contractors with tools to build detailed job budgets, track actual costs, monitor work progress, and compare project performance against estimates. It supports real‑time updates of labor, material, equipment, subcontractor costs, and cash flow data. Users can review WIP, over/under billing, variance reports, and historical job records. The system generates production reports, estimated‑vs‑actual comparisons, and alerts to prevent cost overruns. It also integrates change order management so budget adjustments can be applied without altering the original contract values.
Key Features
Project Budgeting Tools Allows creation and comparison of detailed job budgets.
- Import budgets or build from previous projects
- Break budgets into cost codes or CSI divisions
Comprehensive Job Cost Tracking Tracks all job costs across any date range.
- Monitor cash flow, overhead allocation, WIP, and over/under billing
- Generate job histories, production reports, and estimated vs. actual comparisons
Automated Alerts Helps prevent cost or labor overruns.
- Sends alerts on cost, labor, or budget issues
- Supports proactive issue management
Change Order Management Manages and tracks change orders without altering original budgets.
- Supports pending, internal, or estimated change order views
- Convert requests for changes into formal change orders
Real‑Time Job Visibility Provides up‑to‑date project performance data.
- Tracks job costs, cash flow, WIP, variance, and change orders
- Automatically updates job budgets with real‑time data
Benefits
Improved Cost Control Enables accurate tracking and early detection of overruns.
- Real‑time job costing prevents financial surprises
- Automated alerts support timely corrective actions
Greater Financial Insight Offers detailed financial and operational visibility.
- Provides WIP, cash flow, and variance reporting
- Enhances understanding of project profitability
Efficient Budget Management Simplifies building and maintaining project budgets.
- Easy import and copying of budgets
- Supports structured cost code systems
Streamlined Change Order Processing Improves accuracy when handling project changes.
- Updates budgets upon approval
- Maintains original contract values for audit clarity