Ways Risk Mitigation Software Works for You

Ways Risk Mitigation Software Works for You

Fund Control, the risk mitigation software designed by ECL Software, is an award-winning risk mitigation software for the construction industry because of its many helpful features. There are plenty of ways Fund Control can work for you, especially as a construction manage. Fund Control is already being used by lenders, mortgage companies, disbursement control companies, and banks, so utilizing the software will allow you to catch up.

Stay Organized

The software gives you a friendly user interface that you can keep all of your contacts on. Communicate, write memos and notes, and keep all of your reliable contacts in one place. Don’t ever go fishing around for that contractor’s number or the bank’s address ever again; Fund Control keeps it all organized for you.

Manage Loans

See every aspect of your loan from the dates on it to the locations involved. Fund Control lets you track notes, create legal notices, vouchers, and notification letters, and much more. At the same time, you can even administer specialty loans yourself. The software is set up for all roles in the industry, so it’s fitting no matter which side of the table you’re on.

Maintain Budget

Stop going over budget and maintain the original budget you set up by keeping a close eye on the budget through the software. You can create budgets for certain parts of the overall project, create spreadsheets and templates, and keep track of every dollar spent while you’re working on a building.

Request Inspections

Fund Control has the functions available to have you request necessary building inspections when the time comes. It also records these inspections, capturing documents and photos to ensure everything stays compliant with the rules and regulations in place.

Get Detailed Reports

You can get comprehensive reports of everything from cash flows to risk assessments using Fund Control. Check the percentages of each type of loan, access predefined reports, and have access to so much more information than you ever thought would readily be available for your eyes. This makes the whole process of managing a construction job that much easier.

Customize Settings

Finally, we understand that everyone is different. Every company or manager is going to have a certain way they want the software to work for them. We make that wholly possible by providing around 800 different settings that can be turned on, off, and adjusted appropriately for whatever purpose. The customizable settings for Fund Control are unmatched by alternative risk mitigation software.

You can get a personalized free online demo if you’d like to try out Fund Control. Contact us today to get the help you need. Mitigate risks, maintain order, increase efficiency, and become a well-oiled machine in the construction industry thanks to this award-winning risk mitigation software.