Value Management with Causeway Project Accounting

Remove the difficulty from measuring progress, managing internal liabilities and creating applications.

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Generate Applications For Payment With Ease

Whether undertaking a lump sum, target cost or term maintenance contract.

The platform enables measures to be created against a bill of quantities or an activity schedule and can be calculated either by quantity, percentage or value.

The entry of a measure can be used to automatically generate internal valuations and subcontract liabilities, however, independent adjustments can be made to all three as required.

The calculation of internal valuations, external valuations and subcontractor liabilities can therefore be done through a single input, significantly reducing the time traditionally associated with QS month-end procedures and reconciliations.

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Maximise Project Profitability

Re-measured quantities can be incorporated in valuations and used to forecast final quantities, values and costs.

A flexible reporting system allows applications to be produced in an array of formats to suit specific client and contractor requirements.

Through integration with Project Planning software, the system enables the estimate to populate the project plan, allowing the estimated production for each period (milestone, accounts period, valuation) to be analysed.

By comparing this information with actual costs and actual measured progress, it is possible to calculate the Cost Performance Indicator and the Schedule Performance Indicator respectively. Each of these is fundamental in Earned Value Management techniques enabling the forecast of ‘best case’ and ‘worst case’ final project costs.

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Labour

Integration with time & attendance and capture of labour/staff timesheets.

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Plant

Requisitions, Orders, On-Hire, Off-Hire, Plant Timesheets, Breakdowns/Swaps/Losses.

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Material

Requisitions, Orders, Deliveries and Invoices.

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Subcontract

Package creation, Comparisons, Orders, Measures, Taxation, Discounts, Retentions and Liabilities.

Tried and Trusted

See how our Project Accounting solution has helped organisations to minimise commercial risk and maximise project profitability.

Explore Causeway Project Accounting

Discover a full commercial and cost management solution to increase your project profitability.

Manage Budget

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Minimise commercial risk with the real time management of budget, costs, change and value.

Manage Value

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Easily manage and control all Labour, Plant, Material and Subcontract contract costs in real-time.

Ready to know how we can support your business needs?

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