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Cost Management

Gain Full Visibility Into Your Project Financials

 

Trusted by Industry Leaders

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Manage All Financials For Your Construction Projects With Vitruvi

The Vitruvi construction management platform allows corporate stakeholders and project managers to monitor and control construction budgets, and project costs in real-time. Our cloud-based construction software tools, designed specifically for the construction industry, enable more efficient project cost management.

 

Vitruvi enables construction teams to quickly view and manage all financial aspects of their construction projects, from project budgets and job costs to revenue capture, all in one place.

 

Discover how our cost management solutions simplify collaborative budget and cost management, providing a single, reliable source of truth.

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Leverage Vitruvi's Powerful Financial Management Solutions

Vitruvi’s financial management capabilities provide a unified view of all of your construction project budget and revenue information. Gain financial control of your project costs, and better manage your bottom line saving your business time and money.

 

Streamlined Cost & Financial Tracking

With instant access through our cloud-based software and mobile app, Vitruvi helps to:

  • Keep track of all costs related to your construction projects in real-time.
  • Maintain financial oversight, accuracy, and data integrity.
  • Reconcile billing, review and approve transactions, generate invoices.
  • Prevent duplicate or unauthorized payments.
  • Detect cost overruns before they occur.

 

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Fully-Integrated Cost Management

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Comprehensive Project Financial Management

Manage all aspects of your project budgets, job costing, and revenue tracking in one centralized location. Vitruvi’s financial management software solutions ensure you have full visibility into your construction project costs and revenue. With Vitruvi’s SOC 1 certification, you can confidently depend on our platform for detailed project financial reporting and compliance.

Simplify Accounts Payable & Account Receivable

Our platform provides an array of accounting features that will ensure project managers efficiently handle accounts payable, accounts receivable, and project cost reconciliation reducing revenue leakage and ensuring you only pay for work that has been completed and approved. Vital vendor contracts, and financial documents can be linked to their related work items and deliverables, ensuring better data accuracy. Our construction software can also automatically generate invoices, reducing errors and speeding up your close-out process.

 

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Cost-Efficient Materials Management

Labor and material costs make up an enormous amount of construction costs. Vitruvi provides materials management tools to help ensure these costs remain within budget while reducing waste. Track detailed material requirements so you know what you need, when you need it, where you need it. Maintain visibility into exactly what materials are used ensuring your billing and invoicing are accurate.

Data-Driven Financial Reporting

Vitruvi's construction reporting features also enhance project financial analytics and insights. Through our detailed construction reports, all project cost tracking and data is available in a centralized dashboard. This gives project managers and stakeholders a precise view of a project's budget, costs, and resource allocation and utilization allowing construction teams to make intelligent, data-driven decisions based on actionable insights and accurate data analysis.

 

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Save Time and Money With Vitruvi Construction Management Software

Vitruvi's intuitive construction management tools, and reporting features can help streamline your business for improved efficiency.

 

See how much you could be saving.

Reporting

In addition to enhancing your project's estimating process, Vitruvi provides stakeholders and project managers with various construction reporting software features. These help track project schedules and as-built progress, as well as allow for accurate time reporting across your entire team. Some ways it does this include:

Production Reporting

Maintain access to all relevant information for all levels of your team with Vitruvi. Our cloud-based software allows team members and stakeholders to assign work, record progress, submit reports, review and approve submissions, and show cost and schedule status in real-time. All this is done at a single point, simplifying several vital workflows all at once.

Time Keeping

Through mobile and web applications, Virtuvi provides efficient time-tracking. Field and office team members can submit timecards that quantify their labor and equipment usage. These costs can then be connected to specific jobs, projects, and programs, providing further reporting accuracy.

Redlines and As-Builts

Maintain precise records of your construction progress and keep clients updated with Vitruvi's mobile reporting capabilities. Teams in the field are able to fully collect and store as-built information in the field, as well as perform redline markups directly from their mobile device through our project management app.

Scheduling and Tracking

Vitruvi also operates as an effective project schedule and time-tracking software resource, providing field teams and managers with project management tools that help them effectively maintain project schedules, as well as track changes, progress updates, and roadblocks.

Project Scheduling

By centralizing all information on our cloud-based platform, project teams can record all aspects of progress in a single place, allowing them to view and collaborate on schedule changes and events that affect the entire team.

Permit Management

Our integrated permit solution helps streamline the submission, acquisition, and access to your construction permits, allowing construction professionals to stay updated on when permits are available and access them on our construction reporting app.

Program Tracking

Vitruvi provides an expansive top-down view by providing project-level dashboards of your construction projects, allowing you to track and manage them, view precise financial and schedule displays, and even build your own customizable dashboards so you can see what matters according to your unique approach.

Quality Assurance

Maintain higher quality standards and requirements across all project processes and procedures through Vitruvi's quality assurance features. We will help your team remain aligned with project specifications and customer expectations, as well as maintain compliance with strict regulations through features such as:

Document Management

Our document management system helps organize and store an enormous number of documents across all stages of your projects, from design, construction, and QA, to commissioning. We will help you keep track of every vital document for each project while also providing an automated project close-out for simpler, easier project completion processes.

Escalations & Ticketing

Our built-in ticketing system will help your QA team track issues, deficiencies, and escalations for easier corrections and resolutions for project managers and field teams. This system includes file attachment, assignment, and due date tracking, notes history, and internal links to any entity within the system to ensure fast and precise resolutions.

Effective Quality Assurance

Providing all project documentation — including designs, production reports, photos, redlines, and test results — straight to your QA technician through a single source of truth platform, we help ensure they can collaborate closely with your field technicians and project managers to promote faster and more comprehensive solutions.

Resource Allocation and Management

Vitruvi helps reduce inefficiencies and costs through our resourcing features that help managers, supervisors, and teams improve how they manage time, materials, and other resources, shifting them from where they are most wasted and moving them to where they are most needed and effective. Here are some of the ways this function of our construction management software does just that:

Resource Planning

Effectively adjust schedules and resource capacity across all areas of your project and construction operation with the help of our platform's dashboards and digital reports on detailed production data.

Productivity Analysis

Through integrated production reporting and up-to-date time-tracking, you can use our construction field reporting software to measure the productivity of your resources based on geography, work type, and customer.

Equipment Utilization

Vitruvi ensures your operations teams can easily track and report on equipment utilization on-site, as well as charge-backs and internal/external equipment changes.

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T E S T I M O N I A L S
Vitruvi Customer Success

Vitruvi has proven to be a very capable partner. Their commitment in deployment to get the system performing per our requirements has been excellent. The systems share data as needed and the Vitruvi team is very responsive to any issues that arise (there have not been any significant)."

Ed K, General Manager of Netly Fiber

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Frequently asked questions

How do I calculate cost savings of a project?

First, you'll have to establish your project budget, which can be done efficiently using construction cost estimating software like Vitruvi.

After settling your project cost estimates, you will need to track your project's actual costs as they arise, including labor, materials, permits, change orders, equipment rentals, and much more.

Simply subtract the actual costs from the estimated budget upon closing out your construction project. The result should be your total cost savings.

By analyzing your project's processes and searching for the aspects that most contributed to its cost savings, you can identify how to achieve the same results in future projects.

Does Vitruvi offer integration with other accounting tools?

Our platform is capable of integrating with accounting software to help streamline your company's financial processes outside of the construction management lifecycle.

As a valued customer, we will work with you and fulfill any custom integrations you and your firm require, including your chosen accounting software.

What level of data security does Vitruvi provide?

Our platform maintains the strongest levels of data security possible among all our customers. We ensure users abide by role-based access control, which regulates the level of access a user has according to their role in the organization. This ensures that only authorized users on our cloud-based platform have access to a certain amount of your organization's data based on the level of their role within it, providing a strong layer of protection for your company's vital data.

Do you offer customer support or training resources?

Vitruvi provides extensive customer support, whether for technical issues, customer support, or billing and account inquiries.

Our video training platform helps ensure you and your team use our project management and cost-estimating software for construction to its fullest extent. View our knowledge center for more information.

We also offer certification courses on our learning management system available on both desktop and mobile. For customers that prefer in-person learning, we also offer onsite training.

Interested in Enhanced Project Management?

Schedule a demo today to explore Vitruvi's powerful construction management platform, and see our project financial solutions in action.