Latest News - UDA Technologies

Improve Construction Financial Management with Expanded Options for the Estimate vs. Invoiced Report

Written by UDA Corporate Newsroom | August 29, 2024

As a part of its ongoing commitment to improving financial tracking capabilities, ConstructionOnline™ is pleased to now offer the ability to include Approved Change Orders and Client Selections on the Estimate vs. Invoiced Report. This new customization option provides construction professionals with more flexibility and precision in tracking their project finances and allows for more comprehensive reporting and analysis company wide.

The Estimate vs. Invoiced Report is a critical tool for construction companies, providing a detailed breakdown of estimated costs against actual invoiced amounts. With the latest update, ConstructionOnline Company Users will now find the “Include Approved Selections” and “Include Approved Change Orders” options located under Report Options. By including these elements, companies can better understand how modifications impact overall project costs and revenue as well as get a clearer picture of the financial implications of client-driven changes—giving them a more holistic view of their project’s financial status and success

With over 60 financial reporting options, ConstructionOnline supports construction companies worldwide with the unique report options they need to make informed business decisions and maintain financial transparency. To learn more about ConstructionOnline’s Financial Reporting, contact a Product Specialist today at 800.700.8321