Development company "SkyBuild"
SkyBuild launched two construction projects at the same time, which created a problem with their finances. Traditional methods could no longer handle the data. We created financial models for each project and implemented a budgeting and forecasting system. This helped the company keep costs under control and complete construction on time
About project
SkyBuild
SkyBuild is a company specializing in the construction of modern housing estates and commercial real estate. The company’s rapid growth exposed limitations in its outdated financial processes, which couldn’t handle the increasing demands. It became essential to adopt new approaches to financial management that would align with the scale of the business.
Tasks
SkyBuild required tools to make this kind of forecasting on each project in order to complete construction on time and fully on budget.
Process
Developed and implemented financial models for each project, incorporating all stages of construction.
Built an accounting system in line with international standards
Established a plan-vs-actual analysis of the company’s quarterly performance, enabling SkyBuild to better manage expenses and maintain stable financial indicators.
Results
SkyBuild received a robust system with established processes and tools for financial planning.
This enabled the company to:
Avoid project delays and complete construction on time.
Significantly reduce risks and improve project management efficiency.
Complete construction with minimal budget deviation, supported by quarterly plan-vs-actual analysis.
Identify cash gap risks during external engineering stages through cash flow planning.
Attract greater investment capital, utilizing project modeling systems and key indicators such as NPV, IRR, and ROI.
Client Feedback
Ivan Kotliar
Chief Executive Officer, SkyBuild
At one point, I thought my company was thriving in every way. But there was a challenge with the numbers—I couldn’t pinpoint what was wrong. Thank you for helping us overcome this issue. Now, planning is a fully comprehensible process for me. You have truly incredible experience and specialists
