More Efficient Financial Control for Collaborative Construction projects

Zone Sight combines cost management, procurement, payment approvals and change management into a whole that serves all project parties

Zone Sight suits well for collaborative construction project types like alliances, integrated project teams, project management contracts and joint ventures.

Our customers utilize Zone Sight in tramway and railway projects, business premise and hospital projects, renovation projects and public transport development programs

ZONE SIGHT BENEFITS to CUSTOMER

To Project Management Consultant

  • Provide Project Owner information on the progress of procurement, preferred suppliers and committed costs

  • Utilize cumulative information regarding trustworthy suppliers and competitive prices

  • Provide Project Owner up to date cost information

  • Prepare changes for Project Owner for decision making

  • Propose Project Owner to move the review of purchase invoices to the Zone Sight services

    Utilize the cost information of the Zone Sight service in your project porfolion management

To Project Owner

  • Establish Procurement Plan with packages and schedule

  • Follow up the progress of major procurement packages

  • Follow up project costs at each sector or area

  • Document and maintain project risks and opportunities

  • Optimize project's payment cashflow (income and costs)

  • Prepare changes for decision making

  • Move the review of purchase invoices to the Zone Sight service (away from your invoicing system)

  • Utilize the cost information of the Zone Sight service in your investment portfolio management

To Main Contractor

  • Utilize in project that include many subcontractors and change needs

  • Optimize project payment cashflow

  • Require payment approval before subcontractor can send correspondent invoice

  • Prepare changes together with subcontractors

  • Minimize the cost and schedule risks of changes

CUSTOMER EXPERIENCES

FEATURES

 

Manage project costs

Project costs are transparently visible to project parties. Committed costs reflect the progress of procurement. Actual costs are updated regularly. Final cost forecast is reviewed and reported. Cost history helps to understand changes.

Purchase from suppliers

The procurement process ties target costs, activity codes and packages together. It provides a consistent way to manage the RFQ process. The purchase decisions lead to agreements and committed costs. The supplier compliance status is maintained. You can evaluate suppliers and their deliveries.

Keep track of payment schedule progress

With payments scheduled in time and connected to contract, you only give invoicing permission when work has been completed. Since all the decisions and approvals are documented, you can easily go back in history to sort out issues.

 

Manage all upcoming change requests

Parties can request or propose changes at any time. You understand the impact to costs and schedule from the proposal. You can review and approve each change before work begins. Project closeout becomes more straightforward process.

Integrate your systems and applications

With our open REST API you can exchange financial data between Zone Sight and to your preferred systems and applications.

If you cannot utilize our REST API we can also develop integration towards your system.

Do you need new functionality?

Do you feel that the standard capabilities and configurability of Zone Sight are not enough? Then please consider our development services.