What are Funding Sources?
Funding sources are financial resources like banks, owner equity, or government entities that align project costs with available funds, ensuring effective budget management.
Overview
Effortlessly track and manage project funding with INGENIOUS.BUILD's Funding module, providing real-time visibility into budget allocations, distributions, and financial health.
You can access your funding sources by clicking on the Funding Sources module in the lefthand navigation bar from your main workspace dashboard.
As an Owner or Owner's Representative, funding sources integrate seamlessly with the Project Budget tool in INGENIOUS.BUILD to:
-
Calculate funding distributions.
-
Plan based on budget and commitments.
-
Add or adjust funding sources as needed.
Within your workspace, funding sources are dynamically updated as funds are allocated and invoiced. This ensures accurate, real-time tracking of the total fund amount versus the total billed, giving you clear visibility into your project's financial health.