Commitment, actual, and budget at the WBS level — before the overrun, not after.
Project overruns are rarely a surprise to the numbers — they are a surprise to the project manager, because commitment data (open POs, unbilled labor) usually lives outside the budget report until it is too late to act. TrackElan tracks committed spend against the WBS budget from the moment a PO or requisition is tagged to that element, giving PMs a true available-to-spend number in real time.
At project close, settlement rules determine where accumulated costs land — capitalized to an asset, expensed to a cost center, or recognized as revenue — removing a manual, error-prone month-end step.
Catch overruns while there is still time to act, not at project close
Automate settlement instead of a manual month-end journal entry
Give PMs the same commitment visibility finance already relies on
Support capital projects and billable projects from the same budget model
Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.
| Capability | TrackElan | SAP | Oracle | Spreadsheets / Legacy |
|---|---|---|---|---|
| Native project in the base license | Extra module/SKU | Extra module/SKU | ||
| Reporting & pivots included | Separate BI license | Separate BI license | Manual only | |
| Typical go-live | 2–4 weeks | 9–12+ months | 8–10+ months | N/A |
| Implementation partner required | ||||
| Data stays reconciled automatically |