Ledger
Cost Controller
Reconciles invoices against schedules of values, prices change events, tracks commitments, and forecasts cost at completion.
Now
Reconciling 14 subcontractor invoices against SOV
Financials · Protect margin
Cost control that catches it before it costs you.
Budget, prime contract, commitments, change, and invoicing by cost code, synced with your accounting system. Ledger reconciles every invoice against the schedule of values and field progress, prices change events, and explains every variance in plain words.
Tools in Financials
7 tools, one set of records.
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Budget
Budget, commitments, and forecast by cost code.
Ledger · Cost Controller
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Prime Contract
Owner contract, schedule of values, and owner change orders.
Ledger · Cost Controller
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Commitments
Subcontracts and purchase orders with compliance tracking.
Ledger · Cost Controller
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Change Events
Potential changes from RFIs, field conditions, and owner requests.
Ledger · Cost Controller
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Change Orders
Owner and commitment change orders with approval chains.
Ledger · Cost Controller
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Invoicing
Owner pay applications and subcontractor invoices.
Ledger · Cost Controller
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Direct Costs
Invoices, expenses, and payroll outside commitments.
Ledger · Cost Controller
Forecasts you can explain
See budget, commitments, actuals, and projected cost at completion by cost code. Ledger explains every variance over your threshold in one sentence, like drywall labor running 11% below planned productivity.
- Projected cost at completion by cost code
- Variance explanations in plain words
- Snapshots and modifications with full history
Invoices checked against the field
Ledger reconciles subcontractor invoices against the schedule of values and field counts, holds anything that does not match, and preps the owner pay application on schedule.
- Invoices reconciled against SOV and progress
- Mismatches held with the evidence attached
- Pay app prep every month on the date you set
Change, from first sign to signed change order
Potential changes start from RFIs, field conditions, and owner requests. Ledger prices them against subcontract rates and T&M tickets, and change orders route for approval by dollar threshold.
- Change events linked to their source
- Pricing checked against subcontract rates
- Approval chains by dollar threshold
Agents in Financials
The agents who work here.
Agents work inside Financials with the same records and permissions as your team. You choose how much they do on their own.
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Beacon
Owner Reporting
Assembles the monthly owner report: progress narrative, photos, cost and schedule summaries, and the risk register, led by the decisions the owner needs to make.
PausedPaused while the owner’s new report format is set up
Does Fulcrum replace our accounting system?
No. Fulcrum runs project financials and syncs job cost, commitments, and AP with your ERP, including Sage 300 CRE, Viewpoint Vista, and QuickBooks Online.
Can an AI agent approve a payment?
No. Committing or releasing money is on the list of actions agents can never take. Ledger prepares and reconciles, and a person with payment authority approves.
How are change order approvals routed?
Through approval chains you set in Workflows, for example a project manager up to $50,000 and a project executive above that, with every step recorded.
See Financials on your projects.
See Fulcrum on your kind of work. We will walk through your projects, your roles, and where agents can take the legwork off your team.