ZONE SIGHT
More effective financial management in cooperation
Zone Sight guides construction project parties to make informed financial decisions at the right time. The solution combines cost management, procurement, payment approvals and change management into a whole that serves the project owner, site management and suppliers.
UTILIZE ZONE SIGHT AS
Project Owner
Monitors the up-to-date actual costs of the project
Accepts the final cost estimate
Is aware of change needs and their cost and schedule effects
Decides on scope changes
Utilizes documented decisions in the project closeout
Main Contractor / Consultant
Monitors the up-to-date actual costs of the project
Predicts the final cost
Make procurement
Checks the work and approves payment installments
Defines change needs and requests quotations
Orders additional and modification work
Utilizes documented decisions in the project closeout
Subcontractor
Tracks contract payments
Asks for invoicing permission when the work is done
Respond to requests for quotations
Utilizes documented decisions in the project closeout
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.
For instance, you can read the cost data of all your projects and utilize it in your business reporting system (e.g. Power BI).
Do you prefer the enterprise version?
Do you feel that the standard capabilities and configurability of Zone Sight are not enough? Then please consider our enterprise version.
For instance, we can develop new functionality for your specific needs or provide support for end-users.
CUSTOMER STORY
Improving Payment Control in YIT’s Tripla project
Project management realized that they need to enable better way to collaborate with subcontractors.