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Why Budgetrac Software is a must for Real Estate Developers

20sep2:00 pmWhy Budgetrac Software is a must for Real Estate Developers

Event Details

Budgetrac brings all of your essential PROJECT data into one place and eliminates the information silos that often found in multiple disjointed solutions that many organizations have in place today.

Budgetrac solves many of the data collection and reporting problems real estate developers have today:

Project Control – enabling you to see both project cash flow and profit/loss on a single report. Multiple project budgets and revisions can be entered as information becomes available. Project reports are always available in real time. Detailed project reports are supported by auditable transactions tied to the general ledger transactions.

Commitment Management – managing contractors and suppliers, requires you to stay up-to-the-minute with commitments, draw requests, payments, change orders and retention. Contract management will track the original contract, reclassifications, and all change orders in detail.

Loan Draw – can save you significant time preparing loan draw requests from cost items that have not been entirely drawn and indicate full or partial requisition. Track multiple loans, update approved loan draws, record cash receipts and automatically create and post general ledger journal entries.

Project Reporting – a panoramic view of all aspects of your real estate undertaking. Starting with budgets, commitments and costs, you can ascertain all the pertinent information you need – all on a single report. The “Cost at Completion” columns provide you the project exposure when the project is 75%, 50%, or 25% complete.

Attend this webinar to see the many ways Budgetrac solves many time-consuming tasks for processing the accounting information for your real estate projects. We will review the many ways you can have real-time visibility on your projects without having to use many different software programs (QuickBooks, Sage, Excel)

After registering, you will receive a confirmation email containing information about joining the webinar.

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September 20, 2018 2:00 pm(GMT+00:00)