Project Cost Allocation & WIP Analysis | Dayos | AI for Business

CHALLENGE

Project costing and work-in-progress (WIP) management require complex allocations across direct and indirect costs. Manual handling of shared expenses, overheads, and progress tracking often leads to inaccurate cost visibility, misstated margins, and delayed corrective actions.

Manual Tracking
Most finance teams rely on spreadsheets for cost tracking.
Cost Allocation Errors
Incorrect entries often inflate project expenses.
Delayed WIP Analysis
Extended close cycles impact timely reporting.

SOLUTION

Hero automates cost allocation and WIP analysis across projects using machine learning and rules-based drivers. It calculates earned value metrics, predicts project completion costs, and generates rollforward schedules, allowing finance teams to maintain real-time control and visibility via the Dayos platform.

Automated Cost Allocation
Distributes shared expenses using dynamic activity-based drivers.
Predictive WIP Forecasting
Projects completion costs and profit margins with ML insights.
Variance & Margin Analysis
Flags cost overruns and performance anomalies in real time.
Executive Dashboards
Provides drill-down visibility into cost drivers and project health.

RESULT

Hero enables proactive project financial management by providing real-time visibility into costs and progress. With automated WIP analysis and accurate allocations, organizations can ensure timely reporting, better budgeting, and improved project profitability.

Improves project margin visibility
Reduces cost allocation time
Prevents project overruns through early detection