CONSTRUCTION PROJECT FINANCIALS

Never lose sight of
project profitability

Instantly know whether you’re losing money on projects or not by keeping tabs of all cost drivers

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Get better visibility on costs

Manage risks more closely

Make smarter decisions

Lower risks of negative profit margins for all of your projects

A much better way to ensure profitability vs. shared files, email, and chat

Steer’s Construction Project Financials module monitors progress billing and compares your budgeted costs with actual costs

Monitor project progress

Track actual quantities & costs

Compare planned vs. actual costs

Monitor project progress

With Steer’s mobile app, site staff can effortlessly submit milestone accomplishment reports, providing real-time updates on project progress. This allows teams to accurately assess what has been completed and adjust the actual schedule accordingly

Monitor project progress

Track actual quantities & costs

By using Steer, users can easily enter actual quantities and costs for materials, labor, and equipment. This lets teams track what has been ordered versus what has been delivered, ensuring accurate budgeting and resource allocation

Track actual quantities & costs

Compare planned vs. actual costs

Steer enables business leaders to assess project performance by determining if planned resource quantities were used and purchased at expected costs. By analyzing  variances, leaders can evaluate the impact on profitability. With graphs on planned versus actual costs and project progress, Steer supports informed decision-making and strategic adjustments to keep projects on track

Compare planned vs. actual costs

Address cost overruns before it’s too late

With Steer’s Construction Project Financials, you see up-to-date cost reports so you can mitigate risks like a pro

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How Your Team Will Use Steer

Steer empowers your team with a tool to streamline processes and real-time data and insights to enhance decision-making & and drive project profitability

Job Site

Site staff can easily submit milestone accomplishment reports via their mobile phone

Procurement

Procurement

Procurement can easily enter actual quantities and costs of materials, labor, and equipment

Executives

Business leaders get data on planned vs actual costs and project progress through graphs

Features inside the Construction Project Financials Solution

Steer’s Construction Project Financials is designed to drive efficiency in monitoring project costs, as well as progress

Features Inside Steer's Construction Daily Log
BOQ Set-Up
BOQ Set-Up
Accomplishment Log for Contractors
Accomplishment Log & CPM Approval
Labor, Material, and Equipment Cost Log
Labor, Material, and Equipment Cost Log
Contract Management
Contract Management
Document Library
Document Library
Project S-Curve and Earned Value Report
Project S-Curve and Earned Value Report

FREEBIE: Steer’s Daily Log

Steer’s Construction Project Financials comes with a free module called the Daily Log that tracks basic activities at the job site, the perfect starting point for
your digital construction management journey

Progress photo uploads
Completed Tasks
Progress photo uploads
Progress Photos
Progress photo uploads
Incident Reporting
Progress photo uploads
Hourly Weather Conditions
Progress photo uploads
Worker Attendance Log
FREEBIE: Steer’s Daily Log

Instantly go digital in managing your projects

Steer’s Construction Project Financials module can be set up in a matter of minutes!

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FAQs

What kind of company/project is ideal to use Steer?

Steer’s Construction Project FinaSteer was built a result of listening to the frustrations of SME contractors looking for an easy-to-implement and affordable tool that empowers them to manage their projects’ profitability.

It can work for a wide range of project sizes – whether it’s residential, commercial, or infrastructure.

How long does it take for Steer to be implemented?

Steer is implemented per project and can go as fast as 3-5 days to set up your project details anSteer is implemented per project and can go as fast as 3-5 days to set up your project details and onboard your project team members.

Do I need to provide my project team with special devices?

To gather reports from the job site, all you need is a smart phone with 3G (or faster) mobile data connectivity.

Do I need to have an ERP to implement Steer?

Not at all! Steer works on its own/independently where your site and procurement team submits details directly through the mobile app. However, if you already have accounting or ERP software, we can check if it can be integrated with Steer.

Is Steer a project management software? What other software do I need together with Steer for managing my project?

Project management is a vast and complex discipline – the aspect Steer focuses on is in monitoring and analyzing planned-to-actual budget and schedule to arrive at insights on project profitability at any point of time. For planning your project’s schedule and costs, you would still need the appropriate 3rd party tools like MS Project, SmartSheet, Planswift, etc.

ABOUT STEER

Steer is a construction management software that helps companies grow their business without losing control. Steer is designed to cater to all kinds of construction companies: Builders & General Contractors, Real Estate Developer-Owners, and Construction Project Managers. It provides greater visibility over all risk areas in construction projects - anytime, anywhere, and on any device - and brings all construction project activities and stakeholders together in one place.