Company Overview

About Tracecost

Tracecost Details

Founded

2019

Revenue

$3M

Funding

$2.5M

Team Size

37

What SIA Thinks

Tracecost is designed to help you manage your construction projects more efficiently. This software is tailored for those in the construction industry, providing a way to keep track of spending, timelines, and resource allocation. It simplifies the complexities of project management by giving you a clear view of where every dollar is going and how every worker is contributing to the project's progress.

One of the key features of Tracecost is its budgeting tools. You can set budgets for different parts of your projects, monitor expenditures in real-time, and receive alerts if spending starts veering off track. This means you'll always know exactly where you stand financially, helping to avoid costly overruns before they occur.

Another useful aspect of Tracecost is its scheduling capabilities. You can create detailed project timelines, assign tasks to specific team members, and adjust schedules as needed. The software makes it easy to see who is working on what, ensuring that everybody is on the same page and that deadlines are met.

Tracecost also helps with resource management. From materials to labor, you can track all the resources required for your projects. This makes procurement smoother, as you can predict when and what kind of materials will be needed, reducing delays and keeping the work flowing.

Moreover, reporting is straightforward with Tracecost. You can generate various reports to get insights into project statuses, performance, and areas that need attention. These reports are easy to understand and can be shared with stakeholders to keep everyone informed.

In short, Tracecost covers all the bases of construction project management, allowing you to deliver projects on time and within budget. It’s designed to be intuitive and user-friendly, so you can spend less time managing the software and more time getting your projects done.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Detailed reporting
  • Project efficiency
  • Cost tracking
  • Time-saving features
  • User-friendly

Cons

  • Pricey plans
  • Learning curve
  • Support response time
  • Occasional bugs
  • Limited integrations

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