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Construction Cost Tracking Software

Master project costs with real-time tracking

Gain complete control over non-committed expenses and track every direct cost, ensuring projects stay on budget.

Discover core capabilities for smarter cost control

Procore’s Direct Costs tool equips your team with powerful features designed to streamline financial management and improve project outcomes.

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Track expenses in real time

Capture and monitor every expense as it occurs. Quickly log material receipts, equipment rentals and other direct expenditures, ensuring your financial records are always up to date and accurate.

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Manage budgets robustly

Compare actual direct costs against your allocated budget in real time. Identify potential overruns early, make necessary adjustments and maintain tight control over your project’s financial health.

Forecast costs accurately

Use historical data and current project status to predict future direct expenses. Proactively plan for potential cost increases and make informed financial decisions to keep your project on track.

Streamline workflows effortlessly

Direct Costs integrates smoothly with your existing project management and accounting systems. Automate data flow, reduce manual entry and create efficient workflows for a holistic view of your financials.

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Payment applications

Simplify client payment applications

Easily create and receive client payment applications within Procore. Our tool supports industry-standard G702/G703 progress billing, including retention and stored materials, simplifying your financial workflows.

Gain confidence with standardised billing by producing accurate, industry-standard G702/G703 documents, reducing errors and rejections.
Enhance flexibility with custom formats to tailor applications to meet the unique requirements of individual projects or companies.
Ensure compliance with complete submissions and easily attach all required backup, such as lien waivers, for hassle-free submissions.

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Cost transparency

Track non-committed costs with ease

Gain complete transparency into your non-committed costs, such as general conditions and general requirements. Eliminate calls to accounting by accessing detailed reports directly within Procore.

Make smart decisions with clear insights by quickly accessing all the reports you need on non-committed expenses for a complete financial picture
Save time and reduce busywork by finding the cost data you need instantly, without having to chase down accounting
Boost accuracy and work smarter by easily importing existing cost data to streamline entry and eliminate manual double-checking

Customer Story

“[Vantage is] building in new regions, and we need to understand what it costs and how long it takes in certain regions so that we can determine things like how much is spent per megawatt in a particular region.”

Abhilash Kunnatoor Margabandu

Director, Solutions Architecture and Engineering

Vantage Data Centers

Read their story

Tap into 500+ integrations and apps you love working with

If we don't build it, chances are, there's an app or integration for it on our marketplace. So you can work the way you want to, all without ever leaving Procore.

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Bring more of your work together

See how connected solutions work together to support every stage of construction and help teams build with confidence.

Project Execution

Build confidently on a single platform that seamlessly connects office and site.

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Cost Management

Drive predictable outcomes with real-time visibility into project financials.

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Resource Management

Boost your bottom line by optimising every crew, hour and piece of equipment.

Project Life Cycle Management

Unify budgets, contracts and site progress into a single source of truth.

FAQ

Direct Costs is a dedicated tool for tracking non-committed expenses, such as general conditions and requirements, in real time. Standard cost tracking often lumps these expenses in with other project costs, making it harder to get a clear picture of where money is being spent before it’s committed.

Yes. Direct Costs can create and receive client payment applications and supports industry-standard G702/G703 progress billing. It can also be customised to handle specific billing formats, giving you the flexibility to meet the unique requirements of any project.

Direct Costs uses real-time data and historical project information to help you predict future expenses. This allows you to proactively plan for potential cost increases, helping you make smarter, more informed financial decisions to keep your project on budget.

Yes. Direct Costs is designed to integrate seamlessly with your current project management and accounting systems. This automates the flow of data, reduces manual entry and gives you a holistic view of your project’s financials without having to switch between different platforms.

You can track a wide range of non-committed expenses with the Direct Costs tool, including material receipts, equipment rentals and general conditions. This gives you a comprehensive view of all direct expenditures as they happen, ensuring your financial records are always accurate and up to date.

Get started now

If you can send an email, you can use Procore. Streamlined construction is really that simple.

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