This feature allows users to see all detailed financial information in one view, configure what and where financial information is displayed, and generate reports with detail-level information. The goal of this feature is to help project stakeholders stay on top of cash flow needs by utilizing data aggregated in Procore to streamline and enhance monthly reporting and forward-looking financial planning.Īs one of the most frequently requested product enhancements, Procore's new Budget Detail Report gives customers the ability to customize and configure their report. This solution allows users to easily generate and update cash flow forecasts across the project lifecycle at any point in time, with the help of automatically aggregated financial data and spending curves. With the new Advanced Forecasting feature, users can manage financial risk, reduce manual data entry, and streamline reporting with actionable monthly cash flow forecasts.
Across the portfolio of projects, we can aggregate productivity and costs so that executives can have feedback on the company's efficiency." "In today's world of specialty contractors, manpower is the most precious resource – Procore's Real-Time Productivity feature helps us be better with that. "From a company leadership level, this is the information we need to make important decisions with regard to resource allocation," said Rob Krueger, VP Operations, Fessler & Bowman, Inc. This feature helps users avoid overruns with real-time insights into labor's impact on the project budget, protecting their profits. Users can eliminate manual data transfer between multiple apps and see all relevant information in one place. Through the Real-Time Financial Productivity feature, users can now see the financial impact of labor costs and productivity the moment a timesheet is submitted, making it easier for specialty contractors to plan, manage, and track labor costs and productivity with unit-based budgets. "Our latest updates to Procore's Financial Management products are designed to make those steps easier to manage, and in turn, protect our customers' bottom line." And while the bottom line is most important, there are many steps taken to get there," said Geoff Lewis, VP Product Management, Procore. "At Procore, we know that financial management can be one of the most detailed, challenging elements of a construction project.
0 kommentar(er)
