Cost ControlBest Practices for Project Budgeting and Cost Forecasting Accurate budgeting and cost forecasting are essential for keeping projects on track and within financial limits. However, as highlighted...February 12, 2025
Project controllingWhat is Estimate At Completion in projects Estimate At Completion (abbreviated EAC) tells you what your project will look like financially at the end of your...December 17, 2024
Purchase order10 Reasons for Using a Purchase Order Approval Software Using software for purchase order (PO) approval, does not only save you tons of time but comes with additional...January 8, 2024
BusinessWhat is Committed Expenditure? Every time you order something from a supplier, you make a commitment to pay something in the future, also...September 10, 2023
Purchase orderWhat is a Purchase Order (PO) A purchase order (often referred to as PO) is a legally binding document that is issued by a buyer...September 8, 2023
Purchase order5 Common Challenges of Not Using Purchase Orders in Projects 5 Ways Not Using Purchase Orders Can Hurt Your Projects Purchase orders (POs) are a common way for project-based...September 5, 2023
Cost ControlWhat is 3-Way Matching? What is a 3-Way Matching Process A 3-way matching process is an internal control procedure that compares three documents:...September 4, 2023
Cost ControlWhat are Liquidated Damages? Definition of Liquidated Damages Liquidated damages are a pre-agreed amount of money that one party to a contract agrees...September 4, 2023
Cash-FlowWhat is a Cash Flow Forecast and Why is it Critical in Your Business? For most businesses, a cash flow forecast is the single most important factor for keeping control of their business....August 31, 2023
SoftwareCostTracker – now certified Xero connected app CostTracker – Certified Xero Connected App Partner We are happy to announce that CostTracker now is a Certified Xero...June 1, 2023
BusinessWhat is a Cost Breakdown Structure (CBS) and why is it important? What is a Cost Breakdown Structure (CBS) and why is it important? A vital part of project cost controlling...April 21, 2023
Cost ControlImprove cost control with 7 simple steps In this article we will look at some simple steps to how you can improve cost control in your...October 27, 2022
