COSTS
Formerly known as TP CONTROL
Budget clarity
Harness value and insights from the whole team
COSTS is our budget and forecasting software that provides transparent budgeting and contingency management – combining project cost estimation, cost capture and cost management with the risk management, forecasting and central financial functions managed by enterprise resource planning (ERP).
Benefits
- An intuitive, secure, compliant and accessible web-based tool
- Tailored to different processes and requirements
- Generate budgetary information at the click of a button
Access a real-time, centralised programme view of aggregate project activity
Manage cost estimates, bills of quantities and specifications efficiently
Affords unbroken financial controls from site office to stakeholder
Interfaces with both contract management and ERP solutions
Access from anywhere, anytime
With COSTS, all costs are managed centrally, making it easy for anyone with the corresponding rights and internet access to view them – ensuring absolute transparency.
Transparent cost structures in large projects
Construction costs are clearly displayed with all parties using the same model. This prevents deviations and discrepancies and ensures complete cost transparency, however big the project may be.
Real-time analysis
The included functions allow cost information to be seamlessly transferred to various processes. Project managers and controllers can manage cash flow planning and billing runs, create cost forecasts and access critical evaluations immediately, avoiding delays.
Bridge between corporate finance and project reality
COSTS bridges the gap that often exists between the project itself and a company’s accounting department. It can even integrate accounting systems like SAP – all while ensuring high security standards.
Ready to see Thinkproject in action?
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