Construction Cost Value Reconciliation (CVR) Software

Cost value reconciliation software that helps make job profitability tracking easy. With Planyard’s Cost Value Reconciliation Software, you can ditch spread sheets and streamline your entire project financial management process.

How Planyard Simplifies Cost Value Reconciliation

Managing cost value reconciliation manually can be time-consuming and prone to errors, often leading to discrepancies between your budgeted and actual costs. Planyard’s software automates this process, ensuring that every cost commitment, budget adjustment, and payment is tracked in real time.

With automated cost tracking and accurate financial oversight, you can stay on top of your project’s financial health without the hassle of spreadsheets.

Automated Cost Tracking and Budget Updates

Planyard offers streamlined workflows for managing purchase orders, subcontracts, client contracts, purchase invoices and more. Every time a purchase order is issued, a subcontract is approved, or an invoice is recorded, your project budget is updated in real-time.

Planyard’s Cost Value Reconciliation Software ensures that commitments, approved costs, and income are always accurately reflected, giving you a current and comprehensive view of your financials without manual updates.

 

Profitability Insights at Every Stage

Knowing whether your project is profitable at any given stage is crucial for making informed decisions. Planyard’s construction cost value reconciliation software provides a clear breakdown of profitability by project, phase, or even individual cost codes.

It also automatically highlights budget variances, so you can quickly see where your costs deviate from the plan. This way, you can pinpoint cost overruns, identify savings, and address issues before they impact your bottom line.

Real-Time Cost Value Reconciliation Overview Instead of Manual Monthly Reporting​

Forget manually putting together reports for cost control meetings. With Planyard’s construction cost value reconciliation software, you have instant access to live data that’s always up-to-date.

Review committed costs, approved expenses, and budget changes directly in the platform, making it easy to address financial status and performance during meetings. This way, you can confidently discuss project financials without waiting for manual updates or scrambling to compile numbers.

Better Cash Flow Management

Gain full visibility into your cash flow at any time. See exactly how much has been paid to suppliers and what you’ve received from clients while comparing planned income and expenses for upcoming periods to avoid cash shortages.

Track historical cash flow trends and spot any sudden changes, making it easy to identify outliers and keep project profitability on track.

Customers about Planyard

“I would say that Planyard is a great way to easily and conveniently track your job costs in one place. It keeps track of all of the documents and the numbers in one place. If there’s some problem with the budget, it just tells you what you need to fix and you’ll be fine. It really just kind of thinks a step ahead for you.”

“Planyard is a live overview of your project. How they are performing financially and it is basically a CVR that is live all the time. I have saved a lot of time! It’s so much easier now that I am less reliant on Excel. When we’ve been awarded a project and we’ve uploaded the project on Planyard, I don’t need to look at spreadsheets anymore.”