Bauwise equips Project Managers with an automated construction cost management tool to keep subcontractor commitments within budget, ensure all change orders are approved and reflected, prevent purchase invoice errors, streamline Applications for Payment — simplifying the budget management process.
Bauwise equips Construction Project Managers with an automated cost management tool that
Links every subcontractor contract and purchase order (PO) directly to the project budget line item and cost code. Applies budget version locks and automated approval workflows.
Enforces approval workflows that prevent change orders from being applied without authorization. Allows to track, review and approve construction project scope changes. Automatically calculates change orders impact on project cost, and adjusts budgets upon approval.
Automates purchase invoices with AI-powered data extraction, pre-defined approval workflows, and unique invoice allocations. Matches linked invoices directly to purchase orders (PO), contracts, or Applications for Payments. Allows managing invoices across projects and teams, validates them against budgets and allocations before they are booked.
Streamlines Applications for Payment into structured approval workflows with a subcontractor portal and automated notifications. Applies retentions and back charges, instantly updates budgets, commitments, and Estimate At Completion (EAC) from approved Applications for Payment.
Bauwise helps Construction Project Managers and their teams improve cost control, streamline workflows, and deliver on budget.
Construction project profitability
Construction Projects
Of Construction Budgets
Allocate budget based on construction stages or buildings. Track Forecast to Complete (FTC) and Estimate at Completion (EAC). Control budgets through versions and approval locks. Forecast profitability, manage accruals, and sync financial data with integrated accounting or ERP software.
Automate data flow between your ERP or accounting software and Bauwise. When integrated, construction-related invoices flow directly into Bauwise for approval and return to the ERP or accounting software enriched with data — cost allocations, budget lines, and approver info — no double work required.
Get a structured, automated framework to plan, forecast, and monitor construction cash flow across all project stages. Generate cash flow forecasting baselines with one click, fill past periods with actual cost and revenue data, and align projections with the project’s Cost-at-Completion (CAC). Refine future forecasts, adjust monthly distributions, and manage approvals through version-controlled tracking.
Automate commitments — create purchase orders (PO) and subcontractor contracts directly from budget lines. Manage scope changes, variations, and back charges from Applications for Payment (AfP) in real time. Track actuals, advances, and accruals at every stage. Allocate contingency reserves, forecast accurately, and centralize all vendor data for better procurement decisions.
Track, review, and approve construction project scope changes. Submit change order requests with attachments, automatically calculate their impact on project cost, and adjust budgets upon approval. Maintain versioned audit trails and status tracking to ensure compliance, transparency, and project continuity.
Automate purchase invoice processing with AI-powered data extraction, pre-defined approval workflows and unique invoice allocations. Link invoices directly to purchase orders (PO), contracts or Applications for Payments (AfPs). Manage consolidated invoices for multiple projects between different teams. Meet governance standards, and comply with internal financial policies.
Accelerate month-end reporting between Contractors and Subcontractors by streamlining the Applications for Payment process into a structured, auditable workflows. Initiate change orders and track progress, apply retentions and back charges with full compliance. A dedicated Subcontractor portal, automated notifications, and digital validation keep all parties aligned.
Review and approve construction invoices directly from your mobile device. Capture receipts and invoices — the Bauwise Mobile App uses AI-powered image recognition to extract data from images. Allocate receipts and invoices using Bauwise Purchase Invoice Management module.
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.
Receive invoices requiring your final approval directly from your construction team
Review invoices together with all linked documents
Track invoice statuses and see the pipeline of previous approvers
Capture physical receipts and invoices directly with your mobile device
Captured invoices will be sent into Bauwise platform and assigned to your name for further allocation
Review the AI-extracted invoice and receipt data using the Purchase Invoice Management module
Allocate invoices and receipts using Purchase Invoice Management module
Route invoices based on roles or manually to the next assignee, once allocation is completed
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The typical learning time is just two sessions, while our software can save you up to 4 workdays per month
We’ve got your questions covered. If you can’t find the answer you’re looking for below, feel free to contact us.
Construction cost management for Project Managers refers to the process of tracking, controlling, and forecasting all project-related costs — including subcontractor commitments, change orders, purchase invoices, and Applications for Payment. Tools like Bauwise centralize these workflows, syncing financial data from integrated ERP or accounting systems and construction team input, ensuring project costs remain accurate, approved, and aligned with the budget.
Effective Construction Cost Management software allows Construction Project Managers to maintain control over subcontractor commitments, monitor change orders, validate purchase invoices, and streamline Applications for Payment. It eliminates manual reconciliation and prevents data entry errors, automatically updating the project’s Estimate at Completion (EAC) and cash flow forecasts based on approved costs and commitments. The software ensures all financial data remains transparent, traceable, and aligned with approved budgets.
Construction Cost Management software consolidates project financial data — including budgets, commitments, change orders, and actual costs — into unified, up-to-date reports. It removes the need for manual data collection and spreadsheet reconciliation, ensuring all figures are accurate and aligned with approved budgets. Project Managers can generate Cost-to-Complete (CTC), cash flow, and Budget vs Actual reports instantly, improving decision-making and accountability.
Construction cost management software improves collaboration and control by centralizing all cost data — budgets, commitments, change orders, and invoices — into one shared platform. It eliminates disconnected spreadsheets and version conflicts, ensuring project managers, quantity surveyors, and finance teams work with the same up-to-date information. Role-based access and approval workflows maintain accountability while real-time updates provide full visibility over financial progress, approvals, and project performance.
Bauwise prevents cost overruns by linking every contract, purchase order, and change order directly to the project budget. Automated approval workflows and validation rules ensure that no unapproved costs or invoices can impact the budget, while real-time reporting and updated forecasts keep Project Managers aware of financial deviations before they escalate.
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