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Cost Tracking

Cost tracking for construction companies – Fondion

Cost Tracking in the Construction Industry: Get Rid of Backcounting

Real-time cost tracking in the construction industry helps companies notice deviations already during the project. Real-time implementation costs help you to understand the causes of deviations and to make concrete changes in the future, so that the profitability of the projects remains at the right level.

Project-level profitability in the construction sector

Construction cost tracking: automatically learn the cost of your projects

Fondion automatically generates cost tracking with the accuracy you want, so you can see right from the first project how the different areas are paying off.

Monitoring all areas of the project helps to detect profitability within the project
Project-level monitoring helps to compare the profitability of different project types
The role of an accountant is very important, give her the opportunity to succeed

Real-time

With real-time cost tracking you get a windshield instead of a rearview mirror: Always up-to-date snapshot instead of traditional post-calculation

Why is real-time cost tracking so important? Things are often remembered inaccurately afterwards, so it is always worth correcting deviations as soon as the cost realisation is found to deviate from the budget.

Real-time cost monitoring in the construction industry helps detect deviations immediately
Implementation costs are known immediately when the employee leaves the site
The role of an accountant is very important, give her the opportunity to succeed

Correct tracking accuracy

Cost tracking for construction companies: Accurate tracking for your convenience

With our extensive experience in cost tracking in the construction industry, we can advise your company on the appropriate level of cost monitoring. Overly detailed tracking can easily burden resources, so finding and maintaining the right level is essential for maximizing benefits.

We have also taken into account how you easily follow different projects
Tracking the profitability of short-term gigs en masse
The role of an accountant is very important, give her the opportunity to succeed

Monitoring the entire project mass

Cost Tracking: Don't make false conclusions based on an individual project

For an individual project, some aspect or are may fail in profitability. For this reason, it is very important to look at sub-areas' profitability also from a larger number of projects.

Profitability of a single sub-area from multiple projects
Profitability by cost type (profitability of works, supplies, subcontracting and other costs)
The role of an accountant is very important, give her the opportunity to succeed

Comparability of profitability

Comparison of profitability of different projects helps to draw the right conclusions

With Fondion, you can easily compare profitability by foreman, cost location, project type, customer type and cost location. Comparability is a key component of measures relating to profitability. You automatically know if certain types of projects are worthwhile. You get to have a genuine dialogue with the foremen.

Easy filtering throughout the project
No manual data collection and consolidation
The role of an accountant is very important, give her the opportunity to succeed

Features of fondion

You achieve budget-level cost tracking at a sufficient sub-area level, allowing you to see the real factors influencing profitability.

See Fondion in action

Arrange a presentation with us and you'll get an idea in an hour of how Fondion can help your company make its business more efficient. Does not bind to anything.

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