CONSTRUCTION FINANCIAL MANAGEMENT SOFTWARE

Take control of job cost and maximize construction profits

Insight and foresight from bid to perform to close and back again

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Gain deeper insights in job profitability than ever before

Analyze your jobs by phase and cost types using Ad Hoc Analysis. With the ability to drill down to detailed financials, project progress, and resource allocation, you can access deeper insights and better decision making for your business.

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Monitor KPIs with customizable dashboards for enhanced insights

Enable project managers, finance leaders, department heads, and others to access KPIs – like project completion percentage, earned revenue, profit margin, and more – on customizable dashboards. This keeps everyone, and your data, up to date and supports informed decision making.

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Boost cash flow and speed up payments for improved financial efficiency

Lower your Days Sales Outstanding (DSO) with insights into receivables and gain real-time visibility into cash flow to prevent cash shortfalls, cover project expenses, and keep projects on schedule.

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Automate workflows to simplify and accelerate job cost forecasting

Automate approval workflows to ensure that purchase orders, change orders, and expense approvals are routed to the right teams based on roles and security permissions. This guarantees accurate cost data and fosters real-time collaboration to drive efficiency and provide better insights for on-time, on-budget project delivery.

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A unified view of your entire construction business

Easily integrate with your construction ERP, project management tool, CRM, and other systems to automatically consolidate job cost, project, and financial data. Empower your team with real-time insights and enable data-driven decisions and enhanced analysis for better project outcomes and profitability.

Explore construction solutions

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Stay on schedule with accurate job cost and revenue forecasting

Confidence in your job costs and revenue forecasts is critical to keeping projects profitable and on schedule. Prophix One allows for more frequent and accurate forecasting, helping you identify potential cash shortfalls or delays well before they occur. With predictive analytics and scenario planning, you can rely on data-driven insights rather than just intuition, ensuring more consistent and profitable outcomes.

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Reduce margin fade to maximize profit margins

Work-in-progress (WIP) reports are the pillars that keep your financials afloat. Prophix One delivers timely WIP reports that enable you to analyze projects in detail and pinpoint potential cost overruns or billings challenges at the phase level, so you can reduce margin fade and boost overall profitability.

Construction dashboard
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Streamline reporting with real-time job cost analysis

Prophix One empowers contractors and construction professionals to manage profit margins with real-time Job Cost (JC) analysis and intelligent forecasting. Centralize your financial reporting and budgeting, JC and WIP reporting, and JC projections in a single platform for one trusted source for all your data.

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Be future-ready with What-If scenarios

Prophix One enables you to test various scenarios – such as changes in costs, timelines, or resource availability – so you have the insights you need to make proactive adjustments. With the ability to compare multiple forecasts and conduct variance analysis, you can better manage risks, protect profit margins, and keep projects on track.

Join 2,500+ customers who are transforming the Office of the CFO

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Made for finance leaders

Discover Prophix One and unlock your potential for success.

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Reporting & Analytics

Increase data accuracy and reporting efficiency, affording you more time for valuable analysis.

Streamline close windows by eliminating manual processes and automating recurring ones.

Accelerate financial processes and improve collaboration.

Gain a deeper understanding of your business with AI.

Boost Excel’s financial modelling and planning capabilities and create insightful PowerPoint presentations.

Gain visibility across your business with integrated cross-functional business planning.

Collaborative account reconciliation for smarter, faster financial close.

Frequently asked questions

What is construction financial management software?

Construction financial management software is a specialized solution that streamlines budgeting, forecasting, job costing, and cash flow management to enable construction companies to better control costs, improve financial visibility, and ensure project success.

Yes, Prophix One can seamlessly integrate with many ERPs, such as Sage, Vista by Viewpoint, Microsoft Dynamics, and more through our purpose-built, easy to use Data Integration Studio, for a unified view of financial data and improved workflow efficiency.

Yes, you can do scenario planning with Prophix One. Use Prophix One’s scenario planning tools to simulate different financial outcomes based on various project scenarios, helping you make data-drive decisions and proactively prepare for various financial scenarios.

Yes, you can customize reports for construction-specific needs. Prophix One not only has tailored solutions specifically designed for construction companies but also has the ability to customize reports, processes, dashboards, and workflows to support your specific business requirements.

Ready to see Prophix One in action?