PRODUCTS > FINANCIAL MANAGEMENT
Get full visibility of your
project financials.
With eComm every change order request, payment, allowance, and invoice is tracked right in the palm of your hand.
SPENDING TRANSPARENCY
Financial Management with eComm
With eComm, be perfectly aligned on expectations, responsibilities, and compensation. This is the framework for successfully managing construction projects.
Change management is a crucial aspect of construction projects, ensuring that any modifications to the original scope, schedule, or budget are properly documented, evaluated, and approved.
- Change Orders – eComm makes it clear how changes impact the budget and the project schedule. We compile all the critical supporting documentation for electronic signature by all stakeholders.
- Request for Information (RFI) – RFI’s clarify details about the project and potential changes.
- Budget Revisions – When changes affect the project’s cost, the budget is revised to account for any additional materials, labor, or time required.
- Approvals and Authorizations – Authorizations ensure that everything is formally agreed upon before moving forward.
- Documentation and Tracking – Keep records of the original contract, proposed changes, approvals, and revised cost or schedule details.
- Contract Amendments – Significant changes to the scope of work, cost, or timeline legally alter the original terms and ensure all parties agree to the new conditions.
Effective change management ensures projects remain on track despite inevitable adjustments, reducing risk and protecting the interests of both the contractor, design team and owner.
eComm tracking plans, change orders, and invoices as to who has them and how long. In these busy times, it saves me a phone call or email.
KEY FEATURES
TAKE CONTROL OF YOUR PROJECT.
ACCESSIBLE FROM ANY DEVICE
Adapt to changes with confidence and keep your project on course from the field to the office.
CONSTRUCTION CHANGE DIRECTIVE (CCD)
Gain full visibility into potential changes to the budget as they occur. Make accurate, data-driven decisions based on financial data.
MANAGE ALLOWANCES & PRIME CONTRACTS
Monitor actual spending against both allowances and contract limits. Adjust allowances and contract terms to accommodate changes in the project.
CONTINGENCY FUND
Ensure that any adjustments are documented and communicated. Improves overall project resilience enabling owners to navigate challenges
PROPOSAL REQUESTS (PR) & BULLETINS
Manage changes systematically, reduce misunderstandings, and document decisions for future reference,
NO MORE CHASING DOWN PAPERWORK
Organize and track all payment applications in one place. Streamline how you manage contractor payments. Have clear visibility into the status of each payment
KEY BENEFITS
CHANGE ORDER CLARITY
A transparent record of change orders that can be referenced throughout the project.
- Review the details of the change order, including the scope of work, associated costs, and impact on the project schedule.
- Once everyone is satisfied with the terms, they provide their signatures, signaling consent to proceed with the changes.
- Effective change order sign-off not only helps maintain clear communication among all parties but also safeguards against disputes by documenting the agreed-upon alterations.
- Easily create and build change orders from RFI’s, ASI’s, Proposal Requests, and other contract-impacting documentation.
- Automated transmittal and change order document building tools make this process seemless.
KEY BENEFITS
ADJUSTING PROJECT SCOPE
AVOID CONFUSION WHEN THE PROJECT SCOPE NEEDS TO BE ADJUSTED.
Proposed change orders often arise from Requests for Information (RFIs), Proposal Requests, or Change Order Requests (COR) during the construction process. When a contractor or subcontractor encounters unclear specifications or unforeseen conditions, they submit an RFI to seek clarification.
The responses to these RFIs can reveal the need for changes in the project scope, which may necessitate adjustments in materials, labor, or timelines. Once the information is clarified, the contractor can draft a proposed change order outlining the adjustments needed, including detailed descriptions of the changes, associated costs, and any impact on the project schedule.
eComm ensures that all parties are aligned on the changes and their implications, facilitating smoother project execution.
ENJOY A GOOD NIGHT’S SLEEP
YOUR CONSTRUCTION PROJECT IS FINANCIALLY SECURE
Gone are the days of tying project managers down to a desktop with accounting software. With eComm, you have the information at your side from office to job site.
Have control, be confident your construction projects are secure.
CUSTOMER TESTIMONIALS
WHAT OUR CUSTOMERS ARE SAYING
Learn how eComm has transformed project management for our satisfied customers.
Using eComm streamlines the pay application and submittal process so all parties have instant access.
eComm has made my life easier with submittal review/tracking, research/confirming documentation, and invoice approval status.
eComm allows us to track the progress of lease agreement execution. It also provides a database where the executed documents are stored.
LET'S GET STARTED.
Streamline Your Project Management
Ready to Streamline Your Project Management?
BETTER COMMUNICATION IS ONE CLICK AWAY.
Request a demo today and see how eComm can streamline your project management processes, reduce the clutter of paper documents, and facilitate better communication and collaboration among team members.