CommittedCost

CommittedCost is an online project cost management software designed to track daily progress reports and construction daily activities.

It helps project managers, project sponsors and site inspectors who spend most of their time on the operational elements of projects which demand a fit for purpose project control system. It involves investment that a business entity has already made and cannot be recovered by any means as well as the obligations to pay a good or service at any future time.

CommittedCost features include; accounting management, actual costing, budgeting & forecasting, cost analysis, cost tracking, templates, invoice management, job costing, labour costing, project budgeting, purchase order management, purchasing management. Committed cost’s online system connects all project stakeholders and provides good communication platform.

Committed cost’s job cost costing enables you to plan your jobs and itemize your material & budgets. It enables you to track project costs as they are incurred without being caught by surprises.

Cost tracking enables you to allocate standard costs to finish products. Committed cost project budgeting provides management with an understanding of how funds will be utilized and expended over time for projects or operations. Purchase orders management provides real time control and processing of sales and purchase transactions. Committed cost helps you to monitor complete capital programs.

It enables quick reporting and real time information so you can proactively minimize issues. Committed cost avoids dated method of endless emails, spreadsheets and faxes which is unmanageable for the busy professional. It prevents stress, waste of time and high turnover of key personnel.

You may like to read: Top Construction Project Management Software and How to Select the Best Construction Project Management Software for Your Business