Construction Cost Tracking Software

Cost Tracker

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

Construction cost tracking software showing live budget, commitments, actuals, and forecast updates.
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Construction cost tracking with complete financial visibility

Replace disconnected spreadsheets with a live cost tracker built for construction. Consolidate financial data into a familiar table format, surface variances instantly, and generate reports without rebuilding spreadsheets.

Bulk upload of contract PDF in Mastt with AI filling contract details automatically

See your full cost position at a glance

Access a single view of approved budget, committed costs, actual spend, and forecast final cost. Every figure connects to your live project data, so reports reflect the current financial position.

📊 Create cost categories aligned to your project budgets.

🧾 Record budget changes and maintain version history.

🔐 Lock reporting periods to protect approved data.

Surface variances before they escalate

Enter commitments and actual costs against each cost line to maintain an accurate financial position. Update forecast values each reporting period to calculate the forecast final cost and projected variance.

💰 Log commitments and actual spend against budget lines.

📈 Update forecast to complete each reporting cycle.

🔎 View variance between budget and forecast in real time.

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

Scale from project to program without rework

Roll up financial data across multiple projects to generate consolidated program and portfolio views. Dashboards and reports update automatically from the same source of truth.

🏗 Aggregate project data into program-level reporting.

📄 Generate automated reports and contract documentation.

🔄 Keep dashboards synced with live cost data at all times.

Flexible Pricing Plans

Become superhuman with AI today. Free to start, simple to scale.

Starter

Your first project is on us — no credit card required. Get started instantly with core tools.

Free
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Month-to-month

Professional

Flexible month-to-month plan, payable by credit card. Add projects as you grow and access free videos, training, and guides.

from $150

per month

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Enterprise

Full enterprise features, advanced security, and dedicated human rollout support.

Custom
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FAQs about Construction Cost Tracking Software

Construction cost tracking software is a system used to manage project budgets, commitments, actual costs, and forecasted spend in one place. It gives project teams a structured view of project cost performance and supports stronger cost control throughout the project lifecycle.
A cost tracker connects budget management, project expenses, change orders, and commitments in a single platform. Real-time visibility into variances and forecast movement helps teams respond early and reduce the risk of cost overruns.
Cost tracking software keeps project cost data in one controlled environment rather than across disconnected files. Updates flow through dashboards and reports automatically, improving accuracy and strengthening project cost management.
Yes. In Mastt, project teams can record approved budget adjustments and track change orders directly against the project budget. Each update is reflected in the current cost position, supporting accurate forecasting and reliable construction cost management.
Project managers, commercial leads, and construction management teams use cost management software to monitor budget performance and cash flow. Program leaders rely on rolled-up cost data to oversee multiple projects and maintain financial control at scale.

Other Great 
Budgeting
 Features our Customers Love

Commitment Management

Track approved contracts and budget allocations with full visibility over financial exposure. Keep commitments aligned with current forecasts.

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Actuals

Update actuals through ERP system integration that syncs live cost data into project budgets for accurate financial control.

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AI Payment Verification

Verify invoices with AI payment verification software that checks data accuracy, flags errors, and confirms compliance before approval across your financial workflow.

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Automated AI Invoice Scanning

Use automated AI invoice scanning to capture, read, and process invoice data with fast, accurate OCR for streamlined financial workflows.

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Invoice Management

Manage construction invoices with software that handles billing, approvals, processing, and payment tracking in one streamlined system.

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Progress Claim

Create and manage progress claims with clear tracking of contract sums, certified amounts, and payment status for construction projects.

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Andrew Benn, WSP Technical Director

"With Mastt, our client can see the status of the project anytime, reducing back and forth queries, and not having to wait until the end of the month to receive a monthly report."

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Rebecca White, RPS Program Manager

"Mastt has saved our team significant time and effort in managing the financials elements of 65+projects. The team now has total visibility over their individual projects as well as the overarching program of works."

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Erik Maasepp, Capital Insight Senior Project Manager

"Mastt takes away a lot of user error that spreadsheets bring. With Mastt, we are able to combine multiple projects into programs or portfolios for management level analysis and direction."

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CAPT. Dan Foley, Army Digital Transformation Manager

"Mastt is increasing the team’s tempo and productivity by enabling real time information across our portfolio of projects. This transparency is assisting us to make informed decisions, to identify opportunities and reduce the risk."

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Dan Atkins, Jacobs National Program Manager

"Mastt's ability to record critical financial information as well as program forecasted delivery and milestones put Jacobs in a favourable position to our clients."

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Mohammed Salameh, Compass' Associate Director

"Moving to Mastt is one of the best decisions my team has ever made. It’s cost-effective, easy to use, and a quick set up."

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Fergus Bruce, Project Manager at WSP

"A key factor in our decision to adopt Mastt is its user-friendliness. It had to continue to empower us to work smart, allowing us to consistently deliver excellence across multiple sectors and geographic regions."

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