Game-changing update to InEight Control will provide enhanced revenue and forecasting tools for improved accuracy and visibility of project progress
SCOTTSDALE, Ariz.– InEight Inc., a global leader in construction project management software, has today
“Until now, gaining greater granularity of a capital
“Not only will the feature allow for more detailed analysis such as comparing forecasted value, earned value, and actual value for any period, it will also allow project teams to understand where to focus resources on improvement efforts, where the project is excelling, and whether forecasting efforts are accurate or need attention.
“We believe that this added functionality makes InEight Control the most flexible and functionally complete project cost management solution in the world,” said Rick Deans, Executive Vice President, industry engagement at InEight.
InEight Control’s new time-phased feature will allow budget to be aligned and tracked in any defined fiscal period to match required reporting.
The same monthly granularity will also be available for creating time-phased forecast values which can then be pushed over to the live forecast, adding to the already robust set of methods provided to users to arrive at their forecasted values in InEight Control. Live forecast snapshots will be available on a monthly basis to review project performance.
By acting as a single source of truth for time-phased budget and forecast information, and with full external ERP system integration, project teams will no longer need to maintain separate systems or spreadsheets. Data will be automatically connected and kept up to date, removing the need to manually re-perform calculations or update data come fiscal closing.
For more information about InEight Control, visit https://ineight.com/
InEight provides field-tested project management software for the owners, contractors, engineers and architects who are building the world around us. Over 300,000 users and more than 750 customers worldwide rely on InEight for real-time insights that help manage risk and keep projects on schedule and under budget across the entire life cycle. From pre-planning to design, from estimating to scheduling, and from field execution to turnover, InEight has powered more than $400 billion in projects globally across infrastructure, public sector, energy and power, oil, gas and chemical, mining, and commercial. For more information, follow InEight on LinkedIn or visit InEight.com.