ANTICIPATED COST REPORT
Plan for every scenario with predictive cost insights
Stop relying on siloed, backward-looking data, monthly reports, and gut instinct to manage your budget. See the big picture more clearly with a shared, 360° view of all your project financials in real time. Forecast what could happen with actionable, forward-looking insights and instant alerts. Discover the “why” behind every number and take informed action to avoid unplanned future costs.
COST ANALYTICS
Optimize budget performance with actionable cost insights
Stay agile and take data-driven action with historical cost insights at your fingertips. Evaluate how budgets are performing compared to relevant benchmarks or similar projects and uncover opportunities to adjust your strategy and grow returns. Dig into individual budget lines to understand spending trends, including the frequency and reasons for change orders on that line item.
APPROVALS & AUDIT TRAILS
Maintain precise control without creating risky bottlenecks
Empower your team to make decisions while enforcing accountability with budget transaction approval flows. Proposed budget changes are marked as pending until final sign-off, allowing you to maintain oversight without slowing momentum. Every transaction is automatically documented in clear audit trails, preserving decision logic for all stakeholders.
INVOICE DATA INDEX
Centralize invoice data for real-time financial tracking
View and manage all approved invoices at the project or portfolio level in one place. Instantly send invoices to your accounting systems one by one or in bulk. When they’re paid, the accounting status is automatically updated in Northspyre making it easy to track them in real-time and stay ahead of any potential risks.
COMMITMENT DATA INDEX
Keep your budgets in line with your strategy
Manage all your commitments – contracts, change orders, and potential exposures in a single source of truth. Spot discrepancies sooner. Quickly convert, archive, and merge multiple exposures to change orders, and track causes with ease.
ACCOUNTING INTEGRATIONS
Experience seamless cost tracking
Securely connect Northspyre with your accounting system to easily maintain financial accuracy and invoicing timelines for every project. Reconcile and sync development budgets, invoices, payments, contracts, and change orders against your general ledger and accounts payable in real time to eliminate redundancy.
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