Use Cases
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Cost Reporting

Project Cost Reporting Software That Ends Spreadsheet Chaos

Transform your construction project management with real-time cost tracking and automated financial reporting that keeps budgets on track and stakeholders confident

Proven Results You Can Expect With Mastt for Project Cost Reporting

60%
Reduction in time preparing reports
50+
Spreadsheets killed per project
16+
Hours saved per project, per month
Delivering Power to The world's best in Construction project management
A logo with black text that says "Australian Department of Defence"
A logo of RPS.
A logo with black text that says "Australian Department of Defence"
A logo of RPS.

Why Companies Use Mastt for 
Cost Reporting

Construction project management shouldn’t feel like chaos. Mastt brings calm to the storm - giving you control, clarity, and confidence across every project, dollar, and deadline.

Complete Visibility, In Real Time

Stay ahead of risks, delays, and overspend with live dashboards and automated reporting across all your projects and programs.

Smarter Delivery with AI Power

From analyzing project data to streamlining tasks, AI becomes your most valuable team member, helping you work faster and smarter.

Standardised, Scalable Project Systems

Apply proven templates and workflows across projects for consistency, speed, and easier onboarding of new teams.

Stronger Commercial Control

Stay in control when it matters most - manage contracts, payments, changes, and forecasts in one place to protect your reputation.

Project Cost Reporting Software That Actually Works

Stop drowning in spreadsheets and manual tracking that leave you guessing about project finances. Mastt delivers the real-time cost management and automated reporting that keeps construction projects on budget and stakeholders informed.

Save time and speed up reporting with the best automated tools to empower your team and elimiate double handing of data

Executive Dashboard for Capital Improvement ProgramsExecutive Dashboard for Capital Improvement Programs

Real-Time Cost Tracking Without Manual Updates

See exactly where every dollar goes across commitments, contract changes, payments and actuals with live project budget vs actual cost reporting.

Mastt's project cost management software automatically captures costs from invoices and contracts, eliminating manual data entry and giving project managers instant financial clarity for better project cost control.

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Automated Reports That Stakeholders Actually Trust

Generate professional project cost reports in seconds, not days, with automated expense tracking and project budgeting features. Our management software delivers detailed project insight into committed costs, change orders, and projected spend in formats that keep executives and boards confident about your project management.

You save hours and keep momentum moving forward.

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Executive Dashboard for Capital Improvement ProgramsExecutive Dashboard for Capital Improvement Programs
Executive Dashboard for Capital Improvement ProgramsExecutive Dashboard for Capital Improvement Programs

Smart Budget Management That Prevents Cost Overruns

Spot cost variances and potential overruns weeks before they become problems with transparent project cost tracking and predictive metrics like cost-to-complete and estimate at completion (EAC). Mastt's cost tracking software monitors project progress and flags financial risks so any project manager can take corrective action while protecting budgets and ensuring project success.

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The implementation of Mastt has transformed the way we perform cost control and reporting functions across the projects and programs. Mastt is easy to navigate and use and creates valuable efficiencies by automating time-consuming tasks.

Andrew Boska

RPS

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The risk module is interactive and a welcome change from traditional spreadsheets. The Mastt team has been very supportive in assisting in planning project risk workshops. I highly recommend the Mastt risk module to other construction professionals.

Barton Johns

Jacobs

"

The project team has found a huge amount of efficiency in the product, which has enabled the team to spend more time on technical capability and project delivery.

Catriona Circosta

Essence PM

Free Templates for
Cost Reporting

Start free today with pre-built templates for your construction project management needs

Gain Clarity, Relief, and Control In Cost Reporting

Stop letting manual processes derail your project budgets. Get the financial reporting and cost control that modern project management demands.

How Mastt Powers
Cost Reporting

From scheduling and budgeting to risk and reporting, Mastt gives you a complete suite of project management tools purpose built for construction.

Cost Tracker

Automate financial project controls, including budgets, contracts, payments, forecasting & more in a single table for projects or programs.

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Reporting

Create weekly, monthly or quarterly reports quickly and easily.

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Budgets

Manage Budgets, Sub-Budgets. Add, remove or transfer funds easily between budgets.

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Cash Flow Forecasting

Fast, easy cash flow forecasting. Automated actuals and reconciliation with budgets.

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Budget Changes

Add, remove or transfer funds to and from budgets or sub-budgets easily.

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Data Extract

Easily extract and download project data in the format you need.

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Auditing & History

Maintain a detailed log of all changes for compliance and record-keeping.

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Budget Tags

Tag budgets to roll-up and aggregate common WBS items, cost codes & contingencies at program and portfolio levels.

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Forecast & Uncommitted

Create uncommitted line items for potential changes, scope, work elements, risks, anything!

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Testimonials

See Why Industry Leaders Trust Our Platform

Join thousands of construction professionals who've transformed their lives with our platform. From small project managers to enterprise capital projects, our customers consistently deliver projects on time and under budget.

The ability to include specific requirements/information relevant to the project and the overall presentation of data on the system is first-rate.

Golborn Turner

There's a lot of visibility about information, and it's a one-stop shop for me. The invoices are visible, and I don't have to go to a number of dropboxes for different contracts in different areas. It makes my life easier.

Elke Forrest

Business Manager

Mastt helps reduce the opportunity for errors in cash flow and budgeting and provides insights into aggregated data and program trends that we need.

Stephanie Watts

Project Director

Reporting at the end of the month consumes a lot of our time as project managers, but working with Mastt helps reduce that time.

Therese Jensen

Project Manager

Since moving to Mastt, our reporting regime has become a lot simpler. We are able to report in real time, so there's no delay in financial data being updated. The time it takes is a lot quicker, making the fund a lot more efficient for investors.

Jacob Edwards

Fund Manager

Custom reporting solutions are a huge investment and not justifiable for most clients. We wanted something that had rules in place to ensure best-practice project management but still gave us the control to customise based on the clients’ and industry nuances. Mastt allowed us to do this.

Mohammed Salameh

Director

Mastt has done an incredible job. The system flows so well and is very user-friendly and collaborative! It is definitely so much better than other systems I have used previously.

Rund Alnasser

Industry Partner

Since using Mastt, it has significantly increased the efficiency and accuracy of the financial management of infrastructure projects and programs. The ability to accurately manage cash flow and forecasting enables a greater level of planning within a program of work level.

Mathew Jetson

Associate Director

Mastt has allowed Essence to take on more projects. It is a core component of our operations, and we rely on the value that the product delivers.

Catriona Circosta

Chief Financial and Operating Officer

Great CAPEX management tool with intuitive infographics. The dashboard view of projects is something that we did not have before Mastt. I can see that it will deliver a clearer and more intuitive understanding of capital projects to executives.

Jonathan Glover

The project team has found a huge amount of efficiency in the product, which has enabled the team to spend more time on technical capability and project delivery.

Catriona Circosta

Chief Financial and Operating Officer

I have used the Mastt risk module on my recent projects with great success. The module has enabled real-time management of project risks in a visual format, which encourages project stakeholder input. I highly recommend the Mastt risk module to other construction professionals.

Barton Johns

Director

FAQs About Project Cost Reporting Software

Cost reporting software tracks, compiles, and submits financial data for capital projects. Mastt replaces manual worksheets with live dashboards, automated payment requests, and audit-ready reports. It provides construction project managers with fast access to cost report data they can trust and use for informed decisions and accurate cost reporting.
Mastt pulls cost data from your certificates, forecasts, and payments in real time across active construction projects. This prevents double entry, aligns with reimbursement rules, and keeps your reporting period on track. Each cost report submission is structured to minimize audit adjustments and reduce financial risk for capital works and infrastructure delivery.
Yes. Mastt supports indirect costs, overhead expenses, and reimbursement rates linked to cost centers, ensuring full coverage and clean audit trails. Every expense is tagged for clarity, traceability, and compliance across construction phases, contracts, and funding structures.
Mastt updates reports instantly when source data changes. No version chaos or rework, just clean, current data tied to every entry. This ensures that cost report data remains accurate and aligned throughout the project lifecycle, whether you're managing infrastructure upgrades, building programs, or staged construction packages.
Yes. Mastt connects seamlessly with the financial systems used by construction teams to manage project budgets, payments, and funding structures. You'll streamline every cost center, expense category, and submission channel in one connected system built for complex project delivery and program oversight.

Powering Construction Project Management with Easy-to-Use Tools