Solution brief for Project Management
Learn about the business benefits that Project Management can deliver.
Unify Your Back Office and Field Teams
What is CMiC Project Controls?
CMiC’s Project Controls solution allows users to effectively monitor project budgets, including time, expenses, suppliers, and costs. On top of that, it equips users to identify issues early in the process and course correct in a timely manner. By providing access to every version of your team's project documents, you will be able to stay on top of all project changes and deliver results with seamless execution.
What are the key business benefits that CMiC Project Controls provides?
Improves Financial Forecasting, Employee Compensation Tracking, and Profitability Management:
Payroll can track full burden costs (overhead and benefits) against budget allocations.
Finance gains complete cost data for forecasting purposes and P&L analysis.
Empowers GCs in Managing Subcontractors and Change Management:
GCs streamline complexity, track schedules, identify budget variances early, and clarify scope.
Helps Track Actual Costs Accurately:
This includes all labor costs (including subcontractors), materials, and equipment expenses.
Integrations
Benefits of a Connected Ecosystem
Strategic collaborations ensure we provide our customers with a comprehensive list of integrated solutions. CMiC and partner built integrations include:
Autodesk ProEst: Bidding and Estimates
EarthCam: Visual Data
HammerTech: Construction Safety Software
Jones: Subcontractor Insurance Compliance
Procore: CMiC Financials for Procore
Veriwolf: Site Manangement
Unanet: CRM
Why choose CMiC Project Controls?
Gain the Single Database Platform Advantage
Financial Forecasting (GC Monitor)
Forecasting pulls live data from Job Cost, Payroll, Subcontract and Change Management, delivering real-time cost visibility without manual updates.
Forecasts stay current and accurate automatically, no spreadsheet reconciliation or waiting for month-end actuals. PMs and Finance work from a single source of truth.
Posted change orders, subcontract costs, and labor expenses flow directly into projections.
PMs spot cost trends and take corrective action before problems surface in WIP or billing.
WIP (Work in Progress)
WIP draws data directly from Job Cost (actuals), Forecasting (projected costs and revenue), and Billing (Over/Under).
WIP reports reflect true project financial position, no manual reconciliation or timing gaps between accounting and project teams.
WIP values update automatically when costs, billings, or changes are posted.
Provides visibility into margin and profit trends in real-time.
Executives can review WIP knowing the numbers align perfectly with the GL and project forecasts.
Billing
Billing pulls contract and cost data directly from Subcontract Management, Change Management, and Job Costing, capturing changes the moment they are posted.
Billing matches what is earned, committed, and approved, eliminating double entry, reducing disputes, and improving cash flow.
Approved change orders flow automatically into billing periods.
WIP Over/Under ties directly to invoiced amounts.
Finance spends less time reconciling data and more time managing cash position.
Change Management
Change events feed directly into Forecasting, Subcontracts, Billing, and WIP, instantly adjusting commitments, costs, and revenue projections across the system.
Provides complete financial control over scope changes. Teams can view the cost and margin impact when changes are approved.
Forecasts, WIP, and Billing update instantly when change orders post.
Prevents missed revenue, protects margins, and strengthens audit trails.
Subcontract Management
Subcontracts connect to Change Management, Job Cost, Forecasting, and Billing, keeping all subcontract activity in sync with project financials.
Subcontract values, commitments, and payments stay aligned with project financials. There is no lag between field execution and accounting reports.
Committed costs and forecasts update immediately when subcontracts are executed or revised.
Eliminates errors from manual entry and timing gaps between PM and accounting teams.
Case Study: Iovino Enterprises Optimizes AP Processes with CMiC
“Our aim is to empower executives with the necessary tools and information they need to navigate complex project landscapes more effectively. By leveraging CMiC, we provide a valuable resource that simplifies decision-making and enhances overall operational efficiency." - Selin Akbaba, Business Systems Manager, Iovino Enterprises,
Solution brief for Project Controls
Learn about the business benefits that Project Controls can deliver.
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