Year-to-Date (YTD) in the context of construction refers to the period from the beginning of the current calendar year to the present date. It is a commonly used metric in the construction industry to track and analyze the financial performance and progress of a project or company over a specific time frame. By calculating YTD figures, construction companies can assess their revenues, expenses, profits, and other key performance indicators to gauge their overall financial health and make informed decisions moving forward.YTD figures are essential for monitoring project budgets, tracking expenses, and evaluating the efficiency of construction operations. This data helps construction managers and stakeholders identify any potential issues or discrepancies early on, allowing them to take corrective measures and ensure that projects stay on track. By comparing YTD
What is Year-to-Date (YTD)?
Suffering from credit card
receipt chaos?
Give your accounting team an easier way to collect accounts payable data from project managers and field teams.
expense management
Connect any credit card
Connect any credit card to our platform and collect receipts via our modern mobile app, sync with your ERP instantly and close your books faster.

ERP integrations
Industry ERP integrations
Integrates seamlessly with Viewpoint Spectrum, Viewpoint Vista, Foundation Software, Sage, Acumatica, Quickbooks, CMIC and many more.

Automation
Automate project coding
Create custom AI-Powered automation rules to put your project accounting on auto-pilot.

controls
Eliminate coding errors
Create custom enterprise-grade controls to eliminate data entry errors from the field.

Approvals
Approvals by project
Setup robust approval workflows by project manager, team manager or value amounts.

ai-Powered
AI-Powered automations
Auto-match receipts directly to credit card transactions for complete automation.




