Successful Job Cost in Construction

In construction, job cost management is vital to the success of your projects and therefore the success of your company.

Manage job cost from start to finish, streamline processes like purchase orders, invoice approvals and billing. Take your financial accounting to the next level with software that can produce detailed reports, dashboards and business intelligence tools—allowing you to better understand project status, operate more efficiently and better plan future jobs.

Why is Job Costing Difficult in Construction?

Being able to forecast and regulate the cost of various jobs for a construction organisation is a process that isn’t easy. From tracking labor including subcontractors and internal employees to material and equipment usage, finding a good way to measure so many moving parts can be risky and difficult. Also, an easy way to streamline reporting so project managers, controllers and owners can see the information necessary to keep jobs on track and identify any potential cost overruns.

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Measuring Projected Costs

Weather changes, safety regulations, employee shortage, discovering an unforeseen problem-all of these factors can lead to unpredictable labor time and material cost. Lack of real-time data can cause errors and lead to unpredictable outcomes for future projects.

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Reporting & Displaying Important Information

Gathering Work in Progress (WIP) schedule and Cost to Complete reports (for example) can be challenging especially when it needs to be presented in a specific way. Trying to show specific amounts for major cost categories such as labor and drive further into the details is often a manual, time consuming processes.

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Keeping Jobs On Track and On Budget

Having accurate visibility into and control over project cost at completion is always nerve wracking. How do you know if the information is accurate and how can you make accurate calculations if it isn’t?

One Click Away from Accurate and Simple Job Tracking

With Job Cost, you can calculate Work in Progress (WIP), view projected costs against actual costs, and analyse earned value in real-time.

Predict Projected Cost

With modern software, access to real-time data means unforeseen problems get recorded and updated immediately-reducing confusing and costly mistakes.

Digital Reporting

By removing manual processes, reports for major cost categories can be displayed with correct data immediately. No more creating reports from scratch every time and hoping they are correct. The right data means the right reports.

Jobs Can Stay on Target Within Budget

With a modern ERP system built specifically for construction, you can have accurate visibility into and control over project cost at completion in real-time-without worry.

Viewpoint enables us to account for a lot of T&M dollars that would otherwise not have been identified, let alone billed.
– Craig Lundskog, Finance Director, Great Basin Industrial

Why You’ll Love Viewpoint Construction Software

From easily managing Work in Progress to creating reports with accurate information, Viewpoint removes the frustration from managing job cost-there are aspects of construction that are worrisome. Job cost shouldn’t always be one of them.

Collaborative Construction Accounting

Viewpoint Financial Controls™ allows construction companies to achieve real-time collaboration between their accounting and operations teams without hidden expenses, hassle and data mapping issues that are common with third-party integrations. Project managers and operations get access to AP review, purchasing and job billing information and workflow from your ERP in real-time from a mobile device.

Reduce HR Burdens

Viewpoint HR Management™ improves productivity by giving your construction organisation the ability to better manage your field and office employees through highly efficient processes — taking the burden off your strapped HR team.

Field-to-Office Data Integration

Viewpoint Field Management™ puts real-time, easy-to-use capabilities for labor time & production unit capture, PO and material requisition, training, huddles, equipment management and more into the hands of field personnel in a responsively designed web app that’s usable on virtually any mobile device.