Project Automation: Cost Breakdown Structure
Total Financial Control for Your Projects
PlanAutomate’s Cost Breakdown Structure (CBS) provides a structured, automated approach to managing project costs, ensuring real-time visibility and financial accuracy across your entire project portfolio.
Why the CBS Matters
Integrated Financials & Operations
Seamlessly connect your project financials with schedules, resources, and procurement.
Real-Time Cost Tracking
Monitor costs at every stage, from budgeting to forecasting and actuals.
Automated Cost Allocation
Ensure costs are categorized correctly and consistently for reporting and analysis.
Seamless ERP Integration
Built on Microsoft D365 Finance, CBS connects directly to your enterprise financials.
What is a Cost Breakdown Structure?
A Cost Breakdown Structure (CBS) is a breakdown or hierarchical representation of the various costs in a project. The Cost Breakdown Structure represents the costs of the components in the Work Breakdown Structure (WBS). The CBS is a critical tool in managing and the financial aspects of any project and creates a structure for applying measurable cost controls.
This video goes through the details of a cost breakdown structure and provides a real-world example with the CBS contained in PlanAutomate.
CBS Key Capabilities
Link your project work structure to cost accounts for accurate financial control.
Ensure accurate cost and revenue tracking by distributing financial data across defined time periods.
Define, adjust, and track budgets in real time.
Compare planned vs. actual costs with automatic variance detection.
Compare earned vs. planned value automatically.
Automatically use EAC completion degree to inform revenue recognition.
View costs, revenue, deliverables, burn rate, changes, and more in your matrixed CBS.
Achieve Complete Cost Control
With PlanAutomate’s CBS, you eliminate manual reconciliations and fragmented data. Gain real-time financial insight, automated cost tracking, and seamless ERP integration—all in one enterprise-grade solution.
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