Features for accounting and finance

Approved invoices are sent to accounting

When a project manager approves an invoice or a receipt in Fizure, the system automatically sends the approved costs along with the original invoice or receipt over to accounting. These costs are ready for payment.

There is no need to enter the line-items and allocated costs into your accounting software. The budget along with the allocated line item details are managed in Fizure.

The accounting can use the coding that they need for tax reporting.

Get the full details

When a project manager pre-approves an invoice, it is sent to accounting software automatically.

Apart from that, you’ll also receive an email that contains both the original invoice and a detailed overview of line-items - how much needs to be paid and how much is still free in the budget.

If the project manager has made an error when entering the details, you can request for a correction to make sure that the accounting is aligned with the budget management.

All invoices and details are stored and accessible

Fizure stores all the invoice files along with approval details, contracts, change orders, pay applications and other related information.

There is no need for creating digital folders or, worse, printing things out on paper to store them in physical folders.

All the financial information is easy to access through logs and powerful search.

In the rare case that your accounting software and Fizure show different numbers, you can compare numbers by subcontractor or by invoice.

Fizure integrates with your existing tools

First class support during and after implementation

Dedicated
account manager

Email support
and support chat
inside the app

Support center
with how-to articles
and videos

100+ happy users from all over the world

"Fizure saves time every single day"

Erki Sander – Project Manager, Hausers Grupp

Sending invoices over to accounting used to be a dull task - it meant creating folders, saving files, sending emails etc.

Fizure has changed that completely - everything I need is displayed in the same place which means I don’t have to switch between different tabs, folders, and apps. This saves time and energy every single day.

Additionally, the mobile apps and Outlook add-in make it easy to upload invoices to Fizure from where I actually receive them.

"Our project managers can now manage more projects."

Tomy Saaron – Construction Manager and Chairman of Hausers Grupp

Fizure has helped our team to gain a real-time overview of all our construction projects budgets.

It has allowed our project managers to reduce the time that they spent on managing the budgets in Excel. Which means they can now manage more projects.

The real-time data also lets us spot issues immediately and take action.

"Fizure is a real game-changer for project teams."

Marko Enula – Project Manager, ABB

Daily Purchase Invoice Management

There is a constant inflow of purchase invoices (that are connected to different projects) into project manager's email inbox. Organizing the purchase invoices is time-consuming.

Fizure's Microsoft Outlook Add-in and mobile apps enable organizing purchase invoices in just a couple of clicks by attaching them to right individual projects. You can even send the document to the site engineer for approval in one click.

Profitability tracking and financial risks control

Accounting software provides project managers with a highly important overview of the project's budget but with a monthly delay. At the same time, managing the budget on spreadsheets is a lot of work.

Fizure makes the budget management process really easy and lets us follow our project budget in real-time.

The possible risks of over-expenditure can easily be spotted from the budget view. You’ll see a yellow indicator whenever an individual line-item has contracted or approved costs that exceeds the budget. This means that we can spot the budget risks several months in advance and have a clear overview of project end costs forecast and profitability forecast.

I definitely recommend Fizure to every project manager who is currently tracking project costs and contracts on spreadsheets. It lets the project manager have full control over project financials without spending much valuable time on it.

Your data is safe with us

Google Cloud

Kept in Google Cloud

Google Cloud Compute corresponds to the highest security standards. Your data is hosted physically in Google's European servers.

Regular Backups

We back up your data regularly. This means that if someone in your company accidentally deleted something big, you can restore it.

2-Factor Authentication

Two-step verification (password + a second factor such as a phone confirmation) reduces the risk of someone gaining access to your data.

Access Rights Control

Access can be limited on a user and project level. Not everyone needs to see everything.

Export

You can always take your data with you. Whether this is for additional analysis or moving to a new tool.

Get started

Schedule a free demo

We will take you through the software step by step and answer all your questions during a 60-minute video call.

Or sign up on your own for a free trial.

Call us

US: 1-650-492-2624

East coast: 1pm-4pm
West coast: 9am-1pm

EU: +372 5551 7245

Tallinn: 9am-5pm
London: 10am-6pm

Frequently asked questions

Can I use Fizure when my project already started?

Yes. We will help you bring over all ongoing projects within a week.

How long does it take to learn how to use Fizure?

In our experience, most project managers get from zero to active usage already during the demo (in one hour).

How can I get subcontractors to use Fizure?

There are two ways for subcontractors to submit pay applications:

  1. You can initiate it in Fizure and send them an email with a template;
  2. You can activate a portal for subcontractors (it's free for everyone) where subcontractors can request pay application on their own.

It doesn't matter which solution you prefer - the portal is still available in multiple languages and it saves time and reduces errors for subcontractors as well.

In our experience subcontractors don't require extra training to use it - it's very straight forward to understand.

Can you integrate with our in-house software?

Yes. We also develop integrations with in-house solutions. Please reach out to us for details.