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A project's real cost isn't known until it's tracked against the budget as it happens.

Construction and development projects run over budget quietly, one change order and one late subcontractor invoice at a time. Yukti ties project costing, subcontractor purchasing, and site labor to the same books your finance team already uses, so overruns show up while there is still time to act on them.

HomeIndustriesConstruction & Real Estate Development
What This Vertical Needs

The Real Workflows Behind Construction & Real Estate Development

Budgets track against actuals as costs post

  • Budgets track against actuals as transactions post, not after period close
  • Subcontractor work managed through purchase orders with supplier performance tracked over time
  • Site labor ties back to the project through time and attendance

Custom approval chains built as a module

  • Multi-level sign-off tied to project budget or change order value often doesn't fit a generic workflow
  • Yukti's open, code-first platform lets that approval logic be built as a module
  • No waiting on a vendor's roadmap to support it

Progress billing checked against certified work

  • A trade submits a progress bill against a percentage of scoped work
  • Retention held back until sign-off; bill checked against what's actually certified complete
  • Contracts and change orders go out for e-signature before work starts

Unit sales commission and post-handover service tracked to the unit

  • Sales commission tracks against the sales team and the specific unit sold
  • Reconciles against actual signed sale agreements
  • Post-handover defects route through the same service workflow, tied to unit, buyer, subcontractor

How the Pieces Connect

Cost inputs tie to the project as they happen

  • Subcontractor POs, logged labor hours, and material requisitions tie to the same project record
  • Project manager sees committed and actual cost drift against budget in real time
  • Not a monthly surprise from an accountant's closed books

Compare the same trade across every site

  • Subcontractor payments cost against a specific phase or trade, not a generic AP transaction
  • Makes it possible to compare the same trade's cost and schedule performance
  • Comparison works across multiple projects at once

Unit profitability includes build cost and service cost

  • Sales commission and post-handover service connect to the same unit record as construction costs
  • Unit profitability includes what it cost to build, sold for, and cost to service
  • Not just the construction budget alone
AI in Action

AI that flags budget drift while the project is still running

A budget report that arrives after the period closes is a post-mortem, not a warning.

Tracks committed and actual costs against budget as transactions post

Surfaces cost overruns on a specific project, phase, or cost center in real time

Leaves time to adjust scope or renegotiate a subcontractor rate

Catches drift before the whole project is over budget

Saves You

See What This Could Save Your Team

You could save ~120.0 hours/month

Automated time capture, project tracking, and resource allocation reduce the non-billable admin work that erodes utilization; enter your own expected improvement since utilization gains depend heavily on current process maturity and billing structure.

Estimated total: ~152.9 hours/month, ~$10,146/month

Based on the default figures shown above. Adjust any input to see your own estimate.

FAQ

Common Questions

How does Yukti handle subcontractor progress billing and retention?

Purchase orders tied to a project and cost center track a subcontractor's scoped work, and a progress bill submitted against a percentage of that work is checked against what's actually been certified as complete rather than paid on trust. Retention held back until sign-off stays visible against that same purchase order instead of turning into a separate manual tracker.

Can we track sales commissions on units sold before or during construction, not just after handover?

Yes. Commission tracks against the sales team and the specific unit sold as soon as a sale agreement is signed, so commission payouts reconcile against actual signed agreements rather than a spreadsheet someone updates as deals close.

What happens if a buyer reports a defect during the defect liability period after handover?

The report routes through the same service and helpdesk workflow used for any post-sale support ticket, tied back to the specific unit, the buyer, and the subcontractor whose work is implicated. That gives a liability dispute months after handover an actual record behind it instead of relying on someone's memory of a phone call.

We run a multi-level approval chain tied to change order value. Can Yukti handle that without us building a whole separate system?

Yes. Because Yukti is open and code-first, an approval chain specific to how your business actually runs sign-offs, tied to change order value, project phase, or budget threshold, gets built as a module on the same platform tracking the rest of the project, rather than waiting on a vendor's roadmap to ship a generic version of it.

Can we compare a specific subcontractor's cost and schedule performance across multiple projects?

Yes. Because subcontractor purchase orders and performance data sit on the same platform across every project, a developer running the same trade across several sites can compare that subcontractor's cost and on-time delivery project by project, rather than reconstructing it from separate site files.

Where a Simpler Tool Might Be Right

A small residential contractor running two or three jobs a year with a handful of subcontractors doesn't need project-level budget tracking or custom approval chains. Simple job costing in a lighter accounting tool covers that. This page is for developers and contractors running multiple concurrent projects, multiple subcontractor relationships, and real budget accountability across them.

See AI-Native ERP in Action

Whether you are outgrowing a billing tool or evaluating a full ERP for the first time, we can show you what Yukti does differently.