Costlocker
Costlocker is a cost estimating and cost management software designed for the architecture, engineering and construction industries. It provides tools for creating detailed cost estimates and budgets, tracking costs against those budgets during project execution, and analyzing co
Costlocker: Cost Estimating & Cost Management
Costlockingere is a cost estimating and cost management software designed for the architecture, engineering and construction industries. It provides tools for creating detailed cost estimates and budgets, tracking costs against those budgets during project execution, and analyzing cost data.
What is Costlocker?
Costlocker is a comprehensive cost estimating and cost management software solution designed specifically for the architecture, engineering and construction (AEC) industries. It enables construction companies to create highly detailed cost estimates and budgets for their projects, track actual costs against those budgets during execution to identify variances, and analyze historical cost data to improve future estimating accuracy.
Key features of Costlocker include:
- Integrated cost library with thousands of custom cost items
- Ability to build estimates from scratch or use historical templates
- Detailed takeoff quantifying from 2D and 3D model integration
- Change order and budget vs. actual tracking and reporting
- Forecasting capability to estimate cost to complete
- Dashboards and reports to provide insight into data
- Benchmarking to analyze and compare estimate/cost data
- Integration with other PM and accounting software
- Robust security, access control and audit logging
- Configurable to match existing workflows and terminology
Costlocker aims to provide reliability, traceability and analytics to cost data across the project lifecycle. It is designed to save time for estimators, improve collaboration between teams, increase cost forecasting ability, and reduce risk through better cost management.
Costlocker Features
Features
- Cost estimation and budgeting tools
- Cost tracking during project execution
- Cost data analysis
- Integrates with accounting and project management software
- Customizable templates and reporting
- Collaboration and sharing features
- Mobile app for on-the-go access
Pricing
- Subscription-Based
Pros
Comprehensive cost management solution for AEC industries
Streamlines cost estimation and budgeting processes
Provides real-time cost tracking and visibility
Enables data-driven decision making
Collaborative features for team-based workflows
Cons
Steep learning curve for complex features
Limited customization options for some users
Pricing may be expensive for smaller firms
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