Forcasting, Budgeting and CVR
Join us for this session and let’s together get to the bottom of how you can efficiently run forecasting, do your budgeting and run CVR following industry best practices and using 4PS Construct.
We will be talking about any challenges that you are facing and how you could knock days, or even weeks off the CVR process within your business. The CVR process generally includes compiling a snapshot of the project and then distributing it out to QS’s and Site Managers – waiting on their response which may be in a modified Excel format, and then posting these figures either directly to the GL or to the project manually.
4PS allows you to create the project snapshot, update the forecast figures in a standard format within the system, manages actual progress on projects and then use the updated figures for calculating updates to the general ledger – all at once without bottlenecks or manual intervention.