Cost Management

Budget Tool

• Enhanced Expense and Expense Subitem Viewing – Added enhanced visibility into expenses and subitems through a new bottom flyout in the budget overview. Also, a new permission level for expenses has been introduced.

  • The View All expense permission level has been updated to allow you to choose whether a member has access to view all expense items and subitems. For more details, visit the Cost Management Permissions article.

  • In the expense overview, subitems are hidden from members who lack the appropriate permission level.

  • To open the bottom expense flyout in the Budget table, select a value in the Actual Cost column. For more details, see the Check Actual Cost in the Budget Summary article.

    • Tabs are only visible to members with the necessary permissions; otherwise, they are hidden.

    • If a visible tab has no data, the table is empty.

    • If data exists but the user lacks access, an info tip will indicate that the data is restricted.

      

  • Ability to filter and /group and save views items within the bottom Expense flyout including utilizing expense sub item custom attributes

    

• Budget Snapshot Enhancement – Added support for scheduling budget snapshots on a relative monthly basis, such as the 2nd Tuesday of each month. For more information, see Schedule Budget Snapshots.

  

Cost Tool

• Contract SOV/BOQ Enhancement – A new setting allows members to directly assign the same budget line item to multiple Schedule of Values (SOV) entries. This is especially useful for teams that use Bill of Quantities layouts.

  

  • When turned on, the new Edit button in the SOV section of the contract flyout is visible.

    

  • Once clicked, the new window to add and import subitems opens. You can see the various uses of the new Edit window throughout the Work with Contracts article.

    

    

  • Collaborator response page view with subitems.

    

• Payment Application Enhancements – The following updates have been made to payment applications:

  • A new toggle to enable or disable retention release, along with new variables to support retention release. This helps us understand if retention is intended to be released in a payment application to facilitate the correct calculation and for an upcoming compliance enhancement. For more details, see Retention Release.

    

  • Items with zero work completed are now filtered out from the aggregated costs report in budget payment applications.

Change Order Tool

• Supplier Change Order Connection to Internal Budget Transfers and Creation of Those – Members now can autogenerate an internal budget transfer directly from the change order creation process, linking the two to better support workflows where SCOs are funded by internal budget transfers. Members can:

  • Generate a transfer from an SCO – to learn more, see Create a Budget Transfer from SCO

  • Generate a transfer from a PCO – to learn more, see Create an Internal Budget Transfer from PCO

  • Connect an existing transfer to an existing SCO

    

• Tax Enhancement for PCO, RFQ, and COR – Following the release of 'Inclusive Tax', it can now be applied to all change order stages through the flyout if necessary.

Settings

• E-Signature Adapter Enhancements – The recently released E-Signature Adapter now supports integration with Dropbox Sign. A standard or premium Dropbox Sign plan is required. Learn more about E-Signature Integration. Additionally, two workflow enhancements have been introduced:

  • Automatic cancellation of previous e-signature workflow when members resend a request.
  • Automatic updating of the Change Order Request (COR) status to 'Accepted' once all required parties have signed.

  

• Project Setup Enhancement – When creating projects, we will use the project process setting to understand your role in the project. Then, automatically populate the account owner company field in the Company Setup section of Settings in the relevant field. See Company Setup to learn more.

  

• General Approval Workflow Enhancement – New Add Step and Remove Step buttons have been added to make it easier to manage extra steps in existing workflows.

  

• Budget Transfer Approval Workflow Enhancement – Extra option for defining workflow conditions.