Forecasting Outstanding Costs Against Budget in 4PS Construct
Join this webinar to see how you could knock days, or even weeks off the CVR process within your business.
The CVR process generally includes compiling a snapshot of the project and then distributing it out to QS’s and Site Managers – waiting on their response which may be in a modified Excel format, and then posting these figures either directly to the GL or to the project manually.
4PS allows you to create the project snapshot, update the forecast figures in a standard format within the system, manages actual progress on projects and then use the updated figures for calcuating updates to the general ledger – all at once without bottlenecks or manual intervention.