Tracecost is a cloud‑based platform that centralizes cost data, schedules, and collaboration tools for residential township projects. It provides real‑time budget visibility, automated alerts for overruns and delays, and integrates with accounting, ERP, and BIM systems to help construction firms and developers improve profitability and reduce project timelines.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
OFounders
Product
Problem
Construction and development teams often struggle with fragmented communication, manual cost tracking, and delayed decision‑making, which leads to overruns and reduced profitability on residential township projects.
Solution
Tracecost offers a cloud‑based platform that centralizes project cost data, schedules, and collaboration tools in a single interface. Real‑time dashboards provide up‑to‑date budget visibility, while integrated messaging and document sharing keep all stakeholders aligned. Automated alerts flag budget deviations and schedule slips, enabling proactive adjustments. The system’s analytics consolidate project performance metrics, helping managers identify efficiency gains and improve profitability. By streamlining information flow, Tracecost reduces administrative overhead and shortens overall project timelines.
Target Audience
Primary users are construction firms, real‑estate developers, and project managers overseeing residential township developments in Thailand.
Features
- Centralized cost database with live budget tracking and variance analysis
- Interactive Gantt charts and milestone management linked to financial data
- Built‑in collaboration suite with real‑time chat, file sharing, and task assignments
- Automated notifications for budget overruns, schedule delays, and approval requests
- Customizable reporting engine that generates profit‑ability and productivity dashboards
- API integrations with common accounting, ERP, and BIM tools for seamless data exchange