Control engineering project costs — before they impact your margin
Track committed and actual costs across all projects - in real-time
Why engineering projects experience cost overruns
Engineering projects are complex — but cost control shouldn’t be.
From early design to procurement and delivery, costs are often tracked across disconnected systems, making it hard to see the full financial picture.
The reality in many engineering firms
⚠️ Purchases are committed without real-time budget visibility
⚠️ Committed costs not visible until invoices arrive
⚠️ Engineering and procurement work without cost alignment
⚠️ Finance only sees the impact after it’s too late
The result
❗️ Project margins erode without clear warnings
❗️ Budget deviations discovered too late to act
❗️ Time lost reconciling data across multiple systems
❗️ Limited control across project phases
Bring real-time cost control into every project phase
Most systems show actual costs. CostTracker shows committed costs — before money is spent.
Designed for all project team members.
Engineering teams → Request and track purchases easily
Project managers → Monitor budgets across phases and cost types
Procurement → Ensure controlled and approved purchasing
Finance → Full visibility from committed to actual costs
Built for engineering project complexity
Designed to handle multi-phase projects, supplier-heavy workflows, and tight margins — without adding operational friction.
Phase-based budget tracking
Manage budgets across project phases like design, procurement, fabrication, and delivery.
Understand where cost deviations occur — and act early
Keep procurement under control
Approve all purchases before costs are committed
Ensure every cost is linked to the right project
See project costs in real time
View budget, committed, and actual costs in one place
No delays, no manual consolidation
Seamless integrations with your finance stack
Connect CostTracker to your accounting system to ensure accurate, real-time data flow between project teams and finance.
Reduce manual entry, improve accuracy, and automate invoice matching and approvals.
Don't see your accounting system?
CostTracker works perfectly as a stand-alone system and we add new integrations frequently. Get in touch to know more.
Trusted by engineering and project-driven companies worldwide
From consulting engineers to EPC contractors, CostTracker helps teams gain control over project financials — before costs escalate.
Used by teams operating across 30+ countries
Avoid budget surprises in your next project
Track committed and actual costs across every phase — from design to delivery.
Avoid surprises. Protect your margins. Make better decisions — earlier.
Frequently Asked Questions
Your ERP tracks actual costs after they happen. CostTracker gives you visibility into committed costs (purchase orders, subcontractors, materials) before invoices are received — so you can control budgets proactively.
Yes — you can structure budgets and track costs across phases such as design, engineering, procurement, fabrication, and delivery, giving you full control throughout the project lifecycle.
All purchases are managed through structured purchase orders linked to projects, phases, and cost categories. This ensures full traceability and control over supplier and subcontractor spend.
Absolutely. Engineering, procurement, and finance teams can collaborate in real time, with full visibility into budgets and commitments — without working in silos.
Most engineering companies are up and running within just hours. No heavy implementation or system overhaul is required. You will have a dedicated CostTracker resource helping you get started.
You get real-time insights into budget vs committed vs actual costs, helping you make better decisions and report accurately at any stage of the project.
Invoices are matched against purchase orders and processed using AI-powered AP automation, reducing manual work and minimizing errors.
Yes — whether you manage a few projects or many, CostTracker scales with your business and provides the same level of control and visibility.