Financial Control for Complex Project Delivery
Financial Control Starts at Planning — Not at the Month-End Report
Core Capabilities
Project Budgeting and Estimation
PACE enables estimates and budgets to be built at the level of granularity each project requires.
- Build estimates and budgets at the project, top-task, or lowest task level
- Structure budgets with or without resource-based budget categories
- Allocate costs by Cost Class/Type, Person or Role, Equipment, and Supplier
Cost and Commitment Tracking
Once a project is funded, PACE gives teams a live view of where money has been committed and where it has actually been spent.
- Detailed, real-time review of commitments and cost
- Live visibility into project profitability
- Review of Construction-in-Progress (CIP) values
Contracts as Financial Control Instruments
Contracts define funding sources, billing methods, and revenue recognition — so PACE treats them as part of project setup, not paperwork stored outside the system.
- Structure contracts directly inside the project, linked to budgets and funding lines
- Connect billing schedules and revenue recognition to real execution data
- Maintain one financial backbone from contract to project to execution
Earned Value Management (EVM)
Financial metrics are only as reliable as the progress data behind them. PACE captures granular task-level progress and rolls it up automatically into EVM.
- Automatic calculation of Planned Value (PV), Earned Value (EV), and Actual Cost (AC)
- Real-time SPI, CPI, EAC, and ETC at task, project, and portfolio level
- Progress data that powers financial insight, not just status
Forecasting and Cash Flow Management
Budgets are a starting point, not a fixed answer. PACE keeps forecasts current as execution progresses.
- Project Managers incorporate the latest actuals and revise ETC in real time
- Cash flow forecasts generated automatically from the cost forecast and invoice budget
- Continuous visibility into cost-to-complete, not a static monthly snapshot
AI Built Into Financial Control — Not Bolted On Top
PACE AI operates directly on live budget, commitment, cost, and forecast data — not on exports or static reports. It’s designed to help teams understand what’s happening financially, why it’s changing, and where attention is needed, before variance becomes a surprise.
- Early detection of emerging cost and forecast deviation
- AI-generated financial summaries and briefs inside project and portfolio reports
- Automated narrative reporting — less time writing status updates, more time acting on them
- Supervised support for reforecasting and cost review workflows
One Financial Picture — From the Field to the Boardroom
Disconnected budgeting, cost tracking, and forecasting tools force teams to reconcile numbers manually — usually after the financial exposure has already grown. PACE removes that gap.
For Service Providers: Protect margin with real-time visibility into cost, commitments, and forecast-to-complete — before a fixed-price or time-and-materials contract erodes.
For Capital / Owner Organizations: Maintain funding accountability and audit-ready traceability across every budget, commitment, and cash flow movement — without a manual reconciliation cycle.
Who Uses Financial
Control in PACE
- Project Managers
- Project Controls Managers & Earned Value Analysts
- Commercial & Finance Teams
- PMO / Portfolio Leaders
- Executives and Capital Program Leaders
Frequently Asked Questions
How does PACE help protect margin on fixed-price or time-and-materials contracts?
Do we have to replace our ERP to use PACE's financial control capabilities?
How does PACE handle Earned Value Management across projects and portfolios?
What does PACE AI actually do for financial control?
See Financial Control Working in Real Time
Schedule a walkthrough to see how PACE connects estimating, budgeting, cost, and cash flow into one execution environment.
Let's Talk — We're Here to Help
We’re happy to answer your questions and help you determine how Frontrol can bring clarity, control, and confidence to your project execution. Whether you’re exploring automation, need better visibility, or want to streamline contractor coordination, we’ve got you covered.
Why Frontrol?
- Client-Centric
- Independent & Insightful
- Technically Competent
- Results-Driven
- Solution-Oriented
- Transparent & Trusted
What happens next?
We Connect
We Explore Together
We present a proposal