Since 2019, EIKA Construction has used Bauwise to improve budgeting, forecasting, and everyday cost management, while digitalising subcontractor workflows across its public, commercial, residential, infrastructure and engineering projects.
For EIKA Construction, delivering general contracting, design-build and infrastructure work for subcontractor-heavy concurrent projects demands effective budget tracking, control and change management. An easy-to-adopt tool that could improve forecasting, monitoring, and managing project finances was required to replace the existing overly complex construction cost management software and heavy reliance on Excel. The team also needed a centralized system that could incorporate its existing payroll cost-control process and eliminate the need for physical signatures, printing invoices, manual Excel checks, and unnecessary error corrections, keeping subcontractor compliance across every project under control.
EIKA Construction has used Bauwise to track and control project budgets, manage budget changes and support everyday construction cost management. The platform improves forecasting, monitoring and management of project finances, with general summaries and reports that feed data into self-built Power BI analytics. An integration with its accounting software allows EIKA Construction to track planned versus actual payroll costs and catch workforce budget overruns, while a document management system integration keeps invoicing connected to the platform. Subcontractor management and compliance now runs entirely inside the platform, removing the need for physical signatures, printing invoices and manual Excel checks — and the manual data entry errors that came with them. The system’s clarity and short learning curve allowed for quick adoption across the company, from project teams to finance.
Budget tracking, change management and forecasting across a €190+ million portfolio, with Bauwise data feeding into self-built Power BI analytics
Digitalised subcontractor compliance and management workflows, preventing manual data-entry errors across every project
Integrated Finvalda accounting software and the BSS document management system, keeping accounting records, documentation and Bauwise's cost data consistent without manual cross-checking between systems
Countries
Lithuania
Operating since
2003
Firm type
General Contractor
Design-Builder
Infrastructure Contractor
Industry
Public
Commercial
Residential
Infrastructure Engineering
Webpage
EIKA Construction is an ambitious and innovative company that shapes modern construction standards, with over 20 years of experience. Part of EIKA Group, founded in 1993, EIKA Construction has operated independently within the group since 2003. The company undertakes public, commercial, residential, infrastructure and engineering projects, combining that experience with cutting-edge technologies and sustainability principles to create not only buildings but also value for the environment and communities it builds in.
Bauwise equips construction CEOs with an automated cost management tool to maintain financial control, efficiency, and profitability across expanding portfolios. The cost management software links budgets, forecasts, contracts, and purchase orders in one system, enforcing approval workflows that preserve budget integrity and accuracy. Chief Executive Officers gain real-time visibility into consolidated portfolio performance, safeguarding project continuity, automating reporting, and simplifying construction portfolio management.
Bauwise provides an automated cost management solution for construction CFOs to obtain timely, verified financial data for cash flow and refinancing decisions. The software consolidates construction budgets, contracts, purchase orders, change orders, invoices, and Applications for Payment into a unified data source, ensuring all figures are validated, traceable, and audit-ready before reaching financial statements. Chief Financial Officers can track contingency budgets and risk reserves, gain visibility into liquidity, flag budget overruns early, and forecast portfolio-level cash flow.
Bauwise helps Construction Managers and Division Managers ensure all construction project costs are reported and accounted for, using an automated construction cost management tool. The software tracks linked budgets, contracts, purchase orders, and change orders, so every commitment is recorded, allocated, and tied to the correct project and cost code. Construction and Division Managers can leverage automated purchase invoice and Application for Payment validation rules with audit trails, compare planned versus actual costs in real time, and monitor division-level performance across projects.
Bauwise supports Construction Quantity Surveyors with an automated cost management solution to plan and manage full cycle construction costs — from forecasting and tendering to variation valuations and reporting. The software reconciles interim valuations, change orders, and actual costs in real time, updating forecasts and Estimate at Completion (EAC) automatically once costs are approved. It generates RFQs and tender packages, standardizes bids formats, and applies approval workflows. Links approved variations to their related contracts and cost codes, calculating their budget, commitments and EAC impact.
We’ve got your questions covered. If you can’t find the answer you’re looking for below, feel free to contact us.
Yes. You can import existing budgets, commitments, and actuals into Bauwise and pick up from where the project currently stands. Our team will support you in mapping the data and configuring the platform to match your ongoing workflows—no need to start from scratch. This enables you to continue the project without delays or the need to manually rework existing data.
Yes. We support flexible coding systems that allow you to import budgets using several options, including basic copy and pasting, as well as Excel and CSV file uploads.
Yes. We support integrations with major accounting systems like Microsoft Dynamics 365 Business Central, Odoo, SAP, QuickBooks, Xero, and more. Our team has vast integration experience and can suggest options even for less common tools. We’ll review your accounting software setup to confirm the feasibility and configure the best-fit integration.
Yes. You don’t need to integrate an accounting system to use Bauwise. You can upload your general ledger transactions using an Excel spreadsheet—just drag and drop, and Bauwise will automatically link actuals to your budget, or take advantage of Bauwise’s invoice approval workflow, which generates the transactions internally from submitted invoices.
Yes. Bauwise enables you to split any project into multiple subprojects—by construction phase, client budget, buildings, or cost categories—while maintaining a comprehensive and unified project dashboard. Bauwise consolidated dashboard displays cost forecasts, profitability, actuals, construction progress, and margin deviations across all subprojects.
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