There is more behind cost controlling than just a spreadsheet. Structured financial data enables quicker and comprehensible outlining of project processes as well as serve as a source of all important project information. Project teams use cost monitoring not only as a tool to keep control over finances, liquidity, revenues and make important decisions but also for reporting to external stakeholders such as project investors; drawing on the information contained in the data.
Make Decision Faster and Safely Based on Reliable Data
Leveraging on the importance of financial data in construction project management, Alasco combines invoice workflow with real-time controlling. Financial information from invoices, budget changes or addenda is automatically structured for order-related cost overview and forecasting. The digital capture and processing of all data and documents in one system enables continuity, transparency and up to date data collection. This creates data with added value: time-consuming manual tasks such as manual checking and calculation of data are no longer necessary. Project managers can now make decisions even faster and more reliably.
“Alasco combines my accounting workflow with cost controlling, which is an invaluable advantage for me”.
Andreas Weiß, Head of Finance and Controlling @Rosa-Alscher Group
Automated, Transparent and in Real Time: No More Manual Cost Calculations
Maximum security with maximum flexibility: Digitise your existing manual processes and working methods with Alasco. Alasco offers you a wide range of customisation options, so that based on your existing project structure, everyone involved can carry out their tasks more efficiently. Intelligent automation and data processing in Alasco increases data security and improves task management in your projects.
With our latest updates to the cost monitoring table, customised display of forecasting and cash flow planning, Alasco is setting the standard for the future of cost controlling. These elements are crucial for your project success in 2021:
Directly Compare the Cost Controlling Standards of Today
|With Alasco||Without Alasco|
|Projected budget variance||Automatic||Manual|
|Creation of the cost monitoring table||Automatic||Manual|
|Table and data processing||No previous knowledge required||Extensive training required|
|Cash outflow planning||Automatic||Manual|
|Data transfer||Automatic and error-free||Manual|
|Complete cost monitoring table|
|Budget: target / actual comparison||In real time and automatic||Manual|
|Overview of planned and commissioned orders||Automatic||Manual|
|Display of the order volume (orders + supplements||Automatic||Manual|
|Approval and payment status||In real time and automatic||Manual|
|Project-related and cross-project view||Automatic||Manual|
|Retentions in cost controlling||Automatic||Not possible|
|Realised discount shown||Automatic||Manual|
|Realised and planned demands||Automatic||Manual|
|Mapping of supplements, risks and provisions||Automatic||Manual|
|Export of different file formats|
|Detailed product documentation and instructions|
|Personal customer service||Email, chat, video call||Not available|
|Presentation of allocation units and cost groups||On click||Different tables necessary|
|Change of view: project level, property level or cross-project level||On click||Different tables necessary|