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Budget and Cash Flow

Manage Your Budget and Cash Flow with the Comprehensive Spitfire Project Management System

At the center of your project is your budget. Without a strong sense of your estimates vs. actuals and the cash flowing in and out, you might not be as profitable as you could be, regardless of how big or small your project is. Why lose money unnecessarily? The Spitfire Project Management System offers budgeting functionality designed to simplify your money tracking. You can know at all times what money is expected, what costs have been approved (and which are pending approval), what actual payments have been made, and what changes have occured over the life of the project. Never be caught off guard at the end of a project again.

Project Management and Project Accounting in One

The best thing about Spitfire's budget features is that they are part of the overall project management system. Your accounting team can enjoy all the collaborative benefits of having all project information in one location. Project events, such as change orders, can update the budget automatically if you'd like, or can be automatically sent to the appropriate people in accounting for approval when needed.

Advantages of Budget Management in Spitfire

• Easy creation of budgets for each project saves time
• Customizable budget worksheets have a consistent look across projects and provide the information you need
• Worksheets are updated automatically through change orders and payments, so nothing is forgotten
• Different levels of information gives you both "big picture" overviews and detailed financial data
• Drill-down to details includes images of supporting documents so information can be seen in context
• Budget worksheets include read-time actual and commitment amounts, so you always have accurate data
• Project-to-date financial "snapshots" help you know months or years later what decisions where made over time
• Budget documents can be shared and distributed as any other document in the system
• Budget data can easily be exported to custom workbooks for additional presentation

Let us tell you more about Spitfire can help your budget management.

Schedule a Free Personalized Demo

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