Track Construction Cash Flows Accurately and Automatically
Tracking cash flow on a project is critical to ensuring the project is staying on track, meeting pro forma expectations, and capital calls are properly predicted. Rabbet centralizes your actual cost data with your projection to see real time insights into progress while automating new projections as costs are incurred.
Rabbet models project costs over time, creating visual forecasts and detailed monthly capital projections that can be exported and shared. With better visibility into project costs, Rabbet users report 68% fewer project cost overruns compared to industry standards.
The system automatically integrates actual costs from draws and invoices into the cash flow projection tool, enabling real-time comparison against forecasts. This enables easy reporting on whether the project is on schedule and updating the projection based on actuals.
Rabbet’s funding source analysis tool compares cash flow projections against configured sources to track capital contributions and predict resource exhaustion throughout the project lifecycle. This allows you to prepare ahead for capital calls for both the project and the portfolio.
As Rabbet tracks your actual spending, the system checks if it matches your projections, allowing you to identify risk factors with enough time to mitigate their impact. With all the data centralized, Rabbet users report that 97% of the poor communication impact on project outcomes is eliminated.
