Bauwise equips Construction Quantity Surveyors with an automated construction cost management solution to plan and manage project costs — from forecasting and tendering to variation valuations and reporting — ensuring every cost is accurate, approved, and reconciled in real time.
Bauwise equips Construction Quantity Surveyors with an automated cost management tool that
Reconciles interim valuations, change orders, purchase invoices, and actual costs against the budget in real time. Updates Estimate at Completion (EAC) and cash flow forecasts automatically once logged costs are approved.
Generates RFQs and tender packages from the cost plan. Collects and compares bids in standardized formats with automated bid tabulations. Applies approval workflows for bid selection, ensuring awarded contracts stay within approved budget and are tied to the correct cost codes. Allows to automatically generate contracts from approved tenders for seamless cost control.
Links all approved variations directly to their related contracts and cost codes. Calculates the financial impact of each variation on project budgets, commitments, and Estimate at Completion (EAC). Blocks unapproved or pending change orders from being included in forecasts until validated.
Consolidates budgets, commitments, variations, and actual costs into one reporting structure synchronized with accounting data. Generates real-time cost reports at project or portfolio level that reconcile automatically with financial entries and approved valuations.
Bauwise helps Construction Quantity Surveyors 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 enables Construction Project Managers to keep projects on budget while controlling subcontractors, managing scope changes, and reporting in real time. The cost management software links contracts and purchase orders to the budget, enforces change order approval workflows, and automatically calculates cost impact, adjusting budgets upon approval. It matches linked invoices to purchase orders, contracts, or Applications for Payment, applies retentions and back charges, and updates budgets, commitments, and Estimate at Completion (EAC) from approved Applications for Payment.
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 Quantity Surveyors involves planning, monitoring, and controlling project costs throughout the construction lifecycle. It covers all financial aspects — from forecasting and tendering to variation valuations, interim payments, and project cost reporting. Construction cost management software like Bauwise ensures every construction project cost is accurate, approved, and reconciled in real time.
The software:
This enables Construction Quantity Surveyors to maintain real-time visibility over every approved cost, ensure accurate forecasting, and keep financial performance reconciled across all stages of the construction project.
Construction cost management software helps Quantity Surveyors keep every project cost traceable, approved, and aligned with the budget. It replaces fragmented spreadsheets with one system that reconciles valuations, change orders, and purchase invoices against committed and actual costs. It links each approved transaction to its cost code and contract, keeping forecasts and Estimate at Completion (EAC) updated as approved financial data changes. This gives Construction Quantity Surveyors the accuracy and transparency needed to validate payments, manage variations, and produce cost reports that reflect the construction project’s real financial position.
Construction cost management software continuously updates cash flow forecasts and the Estimate at Completion (EAC) based on approved costs, valuations, and commitments. It reconciles change orders, purchase invoices, and actual costs against the budget in real time, ensuring forecasts reflect verified financial data. Quantity Surveyors gain a clear view of cost-to-complete (CTC) values and potential deviations, enabling them to identify risks early and maintain accurate, data-driven financial forecasts throughout the construction project.
Construction cost management software centralizes variation and valuation management, ensuring every change is properly documented, approved, and reflected in project budgets and reports. Quantity Surveyors can link each variation to the relevant contract and cost code, automatically calculating its impact on budgets, commitments, and the Estimate at Completion (EAC). Interim valuations are reconciled against approved quantities of work done — meaning payments are only made for verified and approved work, as valuations are tied to approved quantities, change orders, and commitments within the system. This provides a clear audit trail for all cost adjustments, allowing Construction Quantity Surveyors to maintain accurate cost records, prevent unauthorized variations, and ensure valuations remain consistent with contract terms and actual progress.
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