Manufacturing Management
In the manufacturing sector, especially in construction and engineering projects, accurate cost calculation and revenue tracking are of great importance at every stage of the project. Businesses that perform project-based manufacturing perform separate cost and revenue calculations for each project, thus ensuring financial control on a project basis. The entitlement method used in these processes is particularly important in long-term projects that involve multiple stages, such as construction projects. The entitlement method is based on the creation of payment requests at certain intervals based on the work done. This ensures that project management and financial control are more transparent and controlled. When a business performs project-based manufacturing, it needs an effective construction cost software for accurate cost tracking and revenue management. This software allows you to track the processes from the beginning to the end of the project in a digital environment and ensures that accurate entitlements are created. Thanks to this software, costs and revenues become more transparent, errors and deficiencies are detected in advance, and the financial health of the project is protected.