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, funding and budget for each cost code, tracking of all invoices and purchase orders, and applications for payments–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.