Our Funds Control specialists ensure that any disbursements to contractors, subcontractors or vendors are handled in a professional, accountable manner.
Beacon has extensive experience providing construction project funds control services to meet specific client and project needs.
Beacon has funds control specialists on staff, as well as the necessary banking relationships in place, to efficiently and effectively control the flow of funds on a construction project. Coupling our knowledge of construction with our expertise in finance, Beacon thoroughly understands all facets of project-related finances.
Beacon custom designs each funds-control program to meet our client’s specific needs. Our funds control services can help accomplish all of the following:
- Limit financial liability by providing an independent review of all transactions
- Ensure that incoming project funds and client funding remain within project boundaries
- Verify all expenditures
- Provide consistency in transactions and ensure all backup documentation is easily retrievable
- Provide real time account status and periodic cash flow projections
- Eliminate the burden of excessive paperwork
- Multiple Projects Funds Control