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SYNCHRO Cost
Construction project cost management
Monitor all contract progress
Track every approved payment’s line-item progress and easily identify the percent complete against the schedule of values. Oversee all project contracts and budgets for full visibility of your project’s financial health and standing.
Control your budget
Monitor and view your contract to easily identify where costs are being added. SYNCHRO Cost has all the tools to track financial progress through your contract, including payments and changes.
“Virtuosity's practitioner license offered my small engineering firm a simple, cost-effective solution to utilize the latest structural analysis software to provide quality project deliverables as efficiently as possible. As added bonuses, there are expert services available to keep me informed about new technologies as well as online training opportunities to help me further maximize my software investment.”
Technical Capabilities
Contract Capture
Capture contract highlights for quick reference and decision-making. Let everyone on your team know where you started and where you are going. Quickly know what you have added or deducted from a particular contract, as every approved change order is listed at the bottom of the contract.
Get Full Project Context
Effortlessly link SYNCHRO Cost forms to other forms on your project. Know whether a potential change order came from an RFI or issue. Easily create contract relationships to give you better and deeper project context.
Communicate in Real-world Context
All construction team members can now collaborate on their assigned contracts and related forms in one place. Optimize construction tasks by reviewing and engaging with stakeholders in the SYNCHRO project environment.
Provide Powerful Summary Grids
Group, sort, and filter your contract, schedule of values, change orders, and payment application summary grids. You can easily generate focused material to highlight what’s important to you.
Schedule of Values (SOV)
View all SOV items on each contract that you have permission. Prevent access to payment progress from people that are not a part of the cost module and/or contract. View payment progress against each line item and track events with a full audit trail for future reference.
Change Orders (CO)
Collaborate with your team on a change order before negotiating with the owner or subcontractor.
Payment Application (Pay Apps)
See progress from pay app to pay app throughout the project lifespan.
Potential Change Orders (PCO)
See and track your set of potential change orders to identify risks. Manage your negotiation process in one place.
Featured Training
Browse a variety of upcoming training and previously recorded courses taught by our in-house, industry experts.
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Blogs
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COMPANY SPOTLIGHT
Evercam is the industry-leading provider of construction camera software that uses artificial intelligence, BIM and project management software integrations to make multiple data points easily accessible from within their platform for their customers. Evercam offers their customers a complete construction camera package that provides time-lapse, project management tools and AI generated reports. Their mission is to increase construction productivity by improving project visibility and team communications. They do this by building a product that gives their customers access to as much data as possible through photographic reality capture on a construction site.
