Use Cases
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Project Cost Tracking

Project Cost Tracking Software That Helps You Avoid Budget Overruns

Own every dollar, crush overruns, and kill rework fast. Project cost tracking software built for real control, real-time visibility, and zero budget surprises. Ideal for project managers overseeing complex projects, Mastt equips your team with the best project management software tailored for construction works.

Control Construction Spend with Trusted Software

60%
Reduction in time preparing reports
50+
Spreadsheets killed per project
16+
Hours saved per project, per month
Delivering Power to Capital Projects
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 
Project Cost Tracking

Give your teams easy to use digital tools that enable them to deliver greater service faster, more effectively and to the delight of your clients

All projects in one place

Manage and monitor all of your projects and programs in one secure place

Standardize Templates, Processes

Implement a uniform approach across all projects with pre-built templates

Boost Productivity & Reduce Admin

Eliminate manual processes with automation tools

Increase Quality of Service Across All PMs

Ensure consistency and excellence in project execution

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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

AECOM

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Time saver!!! Historically, we managed budgets & contracts on our projects through an Excel spreadsheet with many macros. Mastt automates this, removing the potential to make mistakes and break formulas.

Lucais Haldane

Capital Insight

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Mastt has provided the team with total visibility over their individual projects as well as the overall program of work. It has reduced the need for numerous spreadsheets, which prevents errors from occurring and allows risks and issues to be picked up earlier.

Rebecca White

RPS

Project Cost Control Starts with Clear, Live Data

When numbers slip, delays hit fast. Mastt keeps budgets tight and overruns out of sight.

Project owners track costs, claims, and cash flow in real-time. No spreadsheets, no noise. Mastt connects forecasts, contracts, actuals, and progress in one live system, using AI to keep everything accurate, up to date, and under control.

More than just project cost control software, Mastt is your frontline tool for budget management and project success.

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

Focus Comes From Better Cost Tracking

Feel the fog lift as you see budget problems before they hit. Mastt tracks every dollar committed, spent, or at risk in real time.  Review budgets, claims, and cash flow from one place. Drill into any cost detail, from individual projects to entire portfolios.

Accuracy improves instantly. Forecasting becomes second nature.

Make budget overruns disappear →

Confident Reporting From Every Dashboard

Pressure off. Mastt turns live cost data into polished reports - fast, clear, and ready for stakeholders. From automated templates to drill-down dashboards, everything is standardized, centralized, and built to scale across projects and portfolios.

Certainty takes over. Every number adds up, and every report lands right.

Make reporting your easiest win →

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

Sanity Starts with Hassle-Free Payment Management

No more chasing certificates. No more chasing paperwork. Mastt digitizes payments so approvals move faster and disputes fade out early. Track every contract, change order, and payment in one integrated tool so nothing gets missed, and compliance is always covered.

Trust builds early when disputes don’t happen.

Run smoother payments with Mastt→

Top Features of Mastt's 
Project Cost Tracking

Cost Tracker

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

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Cash Flow Forecasting

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

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Budgets

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

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Forecast & Uncommitted

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

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Dashboard

Fast & automated dashboards, reports. Charts, maps, visualizations and other components out of the box!

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Reporting

Create weekly, monthly or quarterly reports quickly and easily.

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Risk Register

Eliminate spreadsheet risk registers with a single, easy to use table for project & program risks.

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Program Dashboard

Automated program and portfolio dashboards, reports that automate data aggregation in real-time.

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Auditing & History

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

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Track Every Project Dollar Before It Goes Missing

When costs vanish, so does control. Mastt’s project cost tracking software gives capital project teams real-time visibility into budgets, actuals, claims, and forecasts all in one clear view.

No more chasing spreadsheets, missing dollars, or fixing rework. You get total spend control from day one to delivery, with tools built to prevent budget blowouts before they start.

FAQs About Project Cost Tracking Software

Project cost tracking software helps monitor budgets, forecasts, project expenses, and actual costs in real time. Mastt replaces manual spreadsheets with live dashboards built for construction. It's key for project budgeting, cost estimation, project cost management, and managing project performance.
Project managers, consultants, and financial controllers use Mastt to manage cost control, contracts, and claims. It's ideal for managing project finances across complex projects, capital programs, and construction portfolios. Mastt also supports project planning, project budget tracking, and resource allocation at scale.
Mastt tracks every dollar across budgets, actual cost, and forecasts in one system. It sends risk alerts before cost overruns happen and enables fast, accurate budget management. Teams stay audit-ready and in control of the full project lifecycle with dedicated project cost management software.
Yes. Mastt is cost management software designed for construction teams managing multiple projects. Use filters and tags to drill down or roll up data across any region, asset, or project team using one powerful project management tool.
Spreadsheets break. Mastt is construction cost tracking software that simplifies expense tracking, time tracking, and approvals across all project costs. Try our free plan to see how easy project success can be for any project manager.
Testimonials

Hundreds of Companies Trust Mastt for Project Management

From Payments to Portfolio, your end to end solution to save time, costs and accelerate Capital Projects.

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

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

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

I’m very excited to start using Mastt. I have the feeling that after making the change, I’ll never go back to how I run projects at the moment.

Fergus Bruce

Senior Project 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

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

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

Mastt really makes a difference. Some reports (before Mastt) were previously taking far too long.

Elke Forrest

Business Manager

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

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

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

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

Powering Construction Project Management with Easy-to-Use Tools