Ensure project profitability with live budget vs. actual tracking, material consumption against BOQ, and milestone-driven progress billing.
Contractors and project-based engineering teams face budget overruns and delayed client payments. Here is how iBA solves it:
Project costs spiral when site material purchases and equipment rentals are reconciled weeks after usage.
Live job costing that links purchase orders and warehouse material issues directly to project BOQ line items.
Lengthy manual measurement and delivery verification delay invoice sign-offs and cash collection.
Progress confirmation triggers automated invoice generation based on agreed delivery schedules, eliminating billing gaps.
Heavy plant runtime and technician labor remain pooled in overheads rather than billed to specific contracts.
Site worker timesheets and workshop equipment run-times are mapped directly to specific job codes for accurate total project costing.
A single, transparent 4-stage pipeline that eliminates spreadsheet handovers:
Commercial quotation converted into an active Job Order with structured item budgets and agreed payment schedules.
Requisitions and material issues from central stores are strictly locked against specific project and rig codes.
Project engineers confirm site deliverable milestones achieved against scope and technical BOQ specs.
Automated progress invoices generated from certified milestones with built-in retention fee accounting.
This solution unifies three core modules into one continuous workflow:
BOQ creation, payment schedules, progress confirmation, and job orders configured for industrial and civil contracting.
Plant & machinery cost capture, maintenance logs, and asset utilization tracked down to specific job order sites.
Site employee attendance, job allocation, and labor cost distribution mapped seamlessly into project sub-ledgers.
Book a 30-minute tailored walkthrough configured for your contracting workflows, BOQ structures, and milestone certification rules.