Major capital projects are complex, and often they need to be fast-tracked. All stakeholders need financial transparency and accountability to make the best decisions. For cost control on a project, the construction plan and the associated cash flow estimates can provide the baseline reference for subsequent project monitoring and control.
Accounting, Monitoring & Control
Whether it’s at the individual project level or portfolio-wide, VPO gives you the ability to roll up and see your financials in the Microsoft 365 business apps you already use. For each individual project, you can establish a budget, define cost codes and cost categories, and budget for each cost code; tracking all contracts, purchase orders, change orders, invoices, and applications for payment–and how it all relates to the budget.
Connecting Your Information
We’ve created a solid data exchange for VPO’s integration with other financial systems, pulling financials from your accounting program or ERP, synthesizing a comprehensive view on your spending, and ensuring that your project stays on budget.