Construction Job Costing Software

Accurate Job Costing

Premier enhances job costing by offering a comprehensive all-in-one job costing software for construction that integrates estimates, commitments, actuals, and forecasts in real time. This seamless approach ensures that all financial data is synchronized and up-to-date, providing full drill-down capabilities for detailed insights. You can trust the accuracy of your numbers, streamline project tracking, and improve overall financial control, all while reducing administrative burdens.

Subcontract Management & Online Pay App Portal

Effortlessly generate subcontract agreements, email them for electronic signatures, and manage approvals seamlessly with our construction job cost tracking software. Utilize the subcontractor payment application portal for a streamlined process where subcontractors can submit pay applications against contract line items and variations, as well as essential compliance documents. This integration automatically creates AP invoices and routes them to project managers for review, approval, or modification of percentages, while keeping subcontractors informed throughout the process. Additionally, lien waivers and statutory declarations can be automated, eliminating manual data entry and document uploads.

Forecasting - Course Correct

Accurate forecasting enables better financial planning, risk management, and resource allocation, ensuring projects stay on budget and on schedule. Premier’s construction job cost software supports this by automatically forecasting your Estimate at Completion (EAC) and updating it in real time, thanks to its integrated platform for estimates, commitments, actuals, change orders and anticipated costs. Users can lock forecasting periods for accuracy, view month-to-month variances, and drill down into individual line items to understand how figures are derived. Additionally, Premier allows manual adjustments to EAC by applying anticipated costs, and budget reallocation, providing a comprehensive and flexible approach to project financial management.

Vendor & Compliance Management

Premier features built-in notifications to ensure accurate data entry, reducing the risk of incorrect coding and preventing vendor overpayments. It allows for custom fields to track essential vendor information and compliance specifics, including project or vendor-specific requirements. The job costing software for construction can auto-flag invoices for payment hold if compliance issues arise. Additionally, Premier tracks retainage and deposits, and by consolidating accounting and job costing, it simplifies generating critical vendor reports. You can easily drill down into invoice versus payment details, access original invoices and checks, and communicate these details effectively when needed.

Project KPIs and Dashboards

With 35 different reports accessible from a single dashboard, users can view the entire project landscape, identify red flags, drill down into specific details, and create new items instantly, enhancing oversight and operational efficiency. Key metrics such as % complete, budget vs. actuals, forecasted margins, overbilled vendors, and overdue items are readily available. Premier offers a comprehensive suite of reporting options, from summary to highly detailed transactional reports across one or multiple projects. Projects can be analyzed at up to five levels of job costing, allowing for detailed tracking by building, lots, or phases.

Change Orders / Variations - Reduce Exposure

Premier features built-in notifications to ensure accurate data entry, reducing the risk of incorrect coding and preventing vendor overpayments. It allows for custom fields to track essential vendor information and compliance specifics, including project or vendor-specific requirements. The job costing software for construction can auto-flag invoices for payment hold if compliance issues arise. Additionally, Premier tracks retainage and deposits, and by consolidating accounting and job costing, it simplifies generating critical vendor reports. You can easily drill down into invoice versus payment details, access original invoices and checks, and communicate these details effectively when needed.

Approvals & Notification

Approvals and notifications are critical for project managers juggling multiple projects, as timely responses to change orders, tasks, submittals, RFIs, invoices, and time entries can significantly impact project schedules, milestones, and reporting. Premier’s streamlined inbox consolidates these items, allowing you to manage and act on approvals and notifications in a single, easy-to-use interface. You can also effortlessly send notifications, ensuring all parties are informed and responsive.

Purchase Orders & Inventory

Premier efficiently manages purchase orders and receipts through customizable workflow approvals, ensuring streamlined and accurate procurement processes. The construction job cost tracking software also handles inventory management and tracks supplier pricing, providing a comprehensive solution that integrates procurement with real-time inventory and cost control.