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Control · Cost Control

The forecast updates when the invoice is approved  not when the report is due.

PROBIS Control removes the lag entirely: approvals, change orders and progress feed the cost report, the forecast, the cash flow and the liquidity position as they occur. The month-end report becomes a printout of something you already knew.

Denver Tower II — Cost report · live · PROBIS Control
Cost reportInvoicesDetail reportCash flowLiquidity
Budget$203.1M
Committed$156.5M
Invoiced$108.6M
Forecast$206.1M
Variance−$3.0M
Budget consumptionas of Aug 21, 2026 · gross
Invoiced $108.6M Committed, not yet invoiced $47.9M Unawarded $46.6M
Cost groupBudgetCommittedInvoicedForecastVariance
03–09 Shell & core121,000,00096,000,00067,000,000123,100,000−2,100,000
21–28 MEP46,000,00038,200,00024,600,00047,300,000−1,300,000
31–33 Sitework9,500,0004,500,0002,200,0009,300,000+200,000
01 Soft costs26,600,00017,800,00014,800,00026,400,000+200,000
Total203,100,000156,500,000108,600,000206,100,000−3,000,000
What Control covers
Four readings · one set of transactions
OverviewCost report · invoices · forecast+

The live cost position: budget, commitments, invoices and forecast to complete on one screen, recalculated on every approval. Invoice workflows, the detail report and the cost-to-complete bridge all read from the same transactions, so the month-end report is a printout of something you already knew.

See the cost report and invoice workflow →
CAPEX/OPEXTen-year and rolling budgets+

Same engine, longer horizon. Plan investment and operating budgets at asset, sub-area or measure level across ten-year or evergreen models, with measures captured, prioritized, approved and released through a workflow — so the annual budget is a decision record rather than a negotiation.

See the ten-year measure matrix →
Cash FlowOutflow from contract terms+

Payment schedules come from the contracts you signed — retainage, installment terms, payment periods and approved change orders all shape the outflow curve automatically, and actual invoices reshape it as they arrive. Read the profile at project, phase or portfolio level.

See plan versus actual outflow →
LiquidityDraws · cover · shortfall date+

Equity and debt draws modeled against the forecast outflow, with funding cover shown forward and the point where the requirement exceeds the facility flagged automatically. Equity-first, pro-rata or bespoke sequences match the loan agreement rather than approximating it.

See the funding cover model →

How it works

01

Receive

Invoice or document arrives; PROBIS reads it and matches it to the contract.

02

Route

The approval workflow assigns it to the right people in the right order.

03

Approve

Amounts are approved, corrected or rejected. Status moves to approved, then paid.

04

Recalculate

Budget, cost-to-complete, cash flow and liquidity all move on the same event.

05

Report

Pull the view any stakeholder needs — no assembly required.

One model, different points of view

The three-week lag

Today

  • The cost report is assembled by hand at month end from several sources that disagree.
  • Invoices sit in email or on desks; nobody can say what is pending approval or for how long.
  • The cash-flow forecast is a separate spreadsheet, updated less often than the cost report.
  • By the time a variance is visible in a report, the decision that caused it is two months old.

With PROBIS

  • The cost report is a live view. Producing it takes as long as choosing your filters.
  • Every invoice is in a workflow, with a status, an owner and an elapsed time.
  • Cash flow and liquidity are derived from the same commitments and approvals as the cost report — so they cannot disagree with it.
  • The variance appears the moment it is caused, attached to the transaction that caused it.

Invoices that control themselves

  • Automatic data recognition from uploaded invoices and documents
  • Multi-step approval workflows with teams, roles and automatic triggers
  • Batch workflows for high-volume, low-value invoice runs
  • Invoice cover sheet with verification stamp and full audit trail
  • Status through to approved and paid, with a task overview per user
Invoice approval — INV-2026-0418 · Brandner Electric LLC
invoice_0418.pdf
Recognized fields OCR · 98% confidence
SupplierBrandner Electric LLC
Invoice numberINV-2026-0418
Gross$454,080.00
Retainage 10%−$45,408.00
Contract matchC-0117 · Electrical · section 26 05 00 — matched
Step 1 · TechnicalApproved

M. Keller · Aug 19

Step 2 · CommercialPending 4 days

A. Sanders · due Aug 23

Step 3 · ReleaseNot started

Finance team

Budget impact26 05 00 · 71% used
Cover sheetStamped
Batch run18 routine invoices

A cost position you can slice any way you're asked

  • Detail report across contracts, sections, taxonomy and cost structure
  • Gross and net-of-retainage views on the same data
  • Widget reports that look like a dashboard but behave like a report
  • Export to PNG, PDF, Excel or Power BI
  • Variance reporting against budget, forecast and any prior version
Detail report — cost transactions · data cube
CSI division21–28
Cost centerDEN-02
LocationTower B
Engineer of recordMeridian MEP
PeriodQ3 2026
1,284 transactions · 42 contracts
Gross Net of retainage
TransactionContractSectionDateGross
INV-2026-0418 · BrandnerC-011726 05 0008/19/26454,080
INV-2026-0402 · NorthlineC-010423 05 0008/14/26315,095
CO-11 · riser relocationC-010423 05 0008/11/2671,390
INV-2026-0388 · WeissC-012222 10 0008/07/26144,342
INV-2026-0371 · SummitC-013014 20 0008/02/26240,900
Selection total1,225,807
Export · PNG / PDF / XLSX / Power BI Variance vs. forecast v7: −0.6%

Forecast to complete, not extrapolation from spend

  • Cost-to-complete per cost group and for the project as a whole
  • Forecast drift tracked against previous versions and snapshots
  • Committed / paid / remaining position visible continuously
  • Milestone trend analysis linking cost movement to schedule movement
Cost to complete — bridge from budget to forecast
Budget → forecast ($M, gross)Forecast v8 · Aug 21, 2026
203.1
108.6
47.9
46.6
−3.0
BudgetPaidCommitted, not invoicedUnawardedForecast variance
Cost to complete$97.5M
Forecast to complete$206.1M
Drift vs. v7+$1.0M
Forecast
Cash Flow · Liquidity · CAPEX/OPEX

Three views of the same money.

Cash flow, liquidity and long-run capital planning are usually three separate spreadsheets that quietly disagree. In PROBIS they are three readings of one set of transactions, which is why they cannot.


Multi-year investment and operating budgets, on the same engine

  • Multi-year and rolling budgets with annual reconciliation
  • Measure capture, prioritization and approval workflow with deadlines and escalation
  • Capital allocation analysis by ROI, urgency or value-retention potential
  • Seasonal and cyclical phasing of spend across the fiscal year
  • CAPEX/OPEX values feeding directly into cash flow and financial planning
  • Alignment with ESG, maintenance and asset strategy targets
Ten-year plan — measures by year ($k)Northeast Portfolio · spend intensity
Measure26272829303132333435Status
Roof & envelope1327041,078231449941866Approved
HVAC equipment replacement612641,29883617677286572In workflow
Elevator modernization41849513292437466198Prioritized
Energy retrofit · ESG3191,01275946225311655Approved
Facade cleaning · OPEX94949999116105110110105105Released
Parking garage structure1986711,166330215407Captured
Cell shading = spend intensity10-year total $15.9M · rolling

Cash flow that is built from the contracts, not typed into a model

  • Automated outflow planning from contract payment terms and execution timeline
  • Outstanding payables allocated to periods on rules you configure
  • Actuals vs. plan on the same curve, so drift is visible rather than calculated
  • Roll cash flow up across projects, entities or the whole portfolio
Cumulative outflow — plan vs. actual ($M)Horizon 36 months
Actual $8.1M ahead of plan
MONTH 23
M1M12M23 · todayM36

Know the day you run short — with enough notice to do something about it

  • Equity and debt draws modeled against the actual outflow forecast
  • Funding cover and headroom shown forward across the project timeline
  • Peak requirement and shortfall date identified automatically
  • Draw request packs generated from the same data the lender monitors
Funding cover — draws vs. outflow ($M)Equity-first · facility: $140.8M
Cover breached · Month 26
SHORTFALL $4.5M
M1M12M26M36
EquityDebt drawsForecast outflowHeadroom line
In Out
PROBIS control Live
Contracts and commitments from Contract
Invoices via upload, email or ERP
Progress and schedule data
Payment terms and loan agreements
Cost reports and variance reports
Cash-flow and liquidity forecasts
Draw requests
ERP postings and Power BI feeds
contracts invoices progress payment terms contracts →cost report invoices →cash flow progress →draw request payment terms →ERP feed

Also in Control

Task overview

Every user sees what is waiting on them, with age.

Automatic triggers

Workflows that start themselves on a defined event.

Document workflow

Upload, recognize, create, archive.

Budget revisions

Controlled, versioned, with reason codes.

Accruals and period close

For month-end and year-end reporting.

Invoice import

Bulk import via CSV or XLSX template.

Multi-project cost views

The same report across a set of projects.

Custom fields on any object

Capture what your process requires.

Permissions per cost group

External parties see only their scope.

“Working with PROBIS' construction monitoring tool has significantly strengthened our risk management. Its real-time construction monitoring and standardized reporting tools allow us to proactively identify and mitigate financial risks before they escalate… providing the clarity, standards and control we need for more transparent and effective risk and financial oversight.”

Marc Bonner · Director, Deutsche Pfandbriefbank
PBB
110 William Street, Lower Manhattan
Case study · Historic office modernization

Modernizing a 32-story Manhattan landmark, cost by cost.

110 William Street is a historic 32-story office tower in Lower Manhattan, built in 1918 and expanded in 1959, now undergoing comprehensive modernization to prepare over 640,000 square feet for the New York City Administration for Children's Services. PROBIS supports the redevelopment with its digital monitoring platform — including Control for live cost, cash flow and draw management — giving stakeholders a transparent, real-time view of budget and schedule across the project's lifecycle.

Read the full project profile →
Original construction1918
Building height32 stories
Space modernized640,000+ sq ft

Frequently asked questions

How does invoice approval actually work?

An invoice is uploaded or imported, its data is recognized automatically, and it is matched to a contract and cost section. It then follows the workflow configured for that contract — one step or several, with teams assigned to each. Approvers see the amount, the contract position and the budget impact before deciding. High-volume routine invoices can be handled as a batch.

Can external parties such as lenders or monitors get access?

Yes. Permissions are role-based and scoped, so a lender or loan monitor can be given a defined view — typically draws, progress and cost position — without access to the rest of the project.

Does the cash-flow forecast update automatically?

Yes. It is derived from contract payment terms, the execution timeline, actual invoices and outstanding items, so it moves whenever those move rather than when someone rebuilds the model.

What's the difference between Control and CAPEX/OPEX?

Same engine, different horizon. Control manages the cost of a project in delivery; CAPEX/OPEX manages the multi-year investment and operating budget of assets you own and operate. Many clients run both, and the CAPEX plan feeds projects that are then delivered in Control.

Can we report by our own cost codes rather than MasterFormat?

Yes. The data cube holds all attributes on every transaction, so you can filter and report by MasterFormat division, Uniformat element, cost center, location, engineer of record, building section, contract or your own custom fields — usually in combination.

Next in the lifecycle

Bring us last month's cost report.

We'll show you how long it takes to produce the same thing in PROBIS — and what else you would have seen.

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