Real-time visibility into engineering costs, burn rates, and ROI. Chrono Platform maps work to financial outcomes. Cut 15–25% of your waste and unlock hidden tax savings in weeks.
Chrono Platform connects engineering activity to financial metrics—automatically. Track actual costs by team, project, or initiative with zero manual input. Stay on top of burn rates and reallocate budget instantly when priorities shift.
Chrono categorizes engineering time into tax-compliant, audit-ready cost structures. No more scrambling for records—every dollar spent is traceable, justified, and aligned with eligible credits or budget requirements.
Chrono helps you delegate confidently—linking initiatives to team-level accountability and spend. Free up headcount while ensuring top performers deliver quality work within scope, timelines, and budgets.
Integrate with the most popular tools to eliminate manual tasks. We are constantly adding integrations!
As you connect integrations, Chrono Platform ingests data, syncing across your tools and providing value out of identified signals.
Not only Chrono Platform analyzes data from connected tools, but it also categorizes it into a normalized data structure.
Engineering financial management is the practice of aligning engineering decisions with business outcomes through effective financial planning, resource allocation, and project cost control. It ensures financial health, accountability, and optimal use of financial resources across the project lifecycle. Good financial planning is the cornerstone of operational efficiency and risk mitigation.
Cost control means tracking actual costs, forecasting future costs, and minimizing unexpected expenses. It includes monitoring labor costs, material costs, and administrative costs while maintaining cash flow and preventing cost overruns.
Real-time data gives project managers immediate visibility into spend, opportunities for cost savings, and scenario planning. It allows a proactive approach to avoid unexpected costs and optimize cost efficiency throughout the project lifecycle.
Detailed cost estimation is the first step to creating a realistic budget. Chrono Platform helps you track resource allocation metrics to account for variable costs, unforeseen expenses, and contingency planning. This enables realistic budgets, better project planning, and fewer financial risks.
Cash flow statements, actual vs. planned budgets, and variance reports are essential for identifying trends, preventing cost overruns, and negotiating favorable terms for resourcing or vendors in both current and future projects.
Chrono Platform offers real-time tracking of engineering activity mapped to cost centers. It uses automation to surface real-time insights into actual expenditures, helping project managers maintain project performance and reduce potential risks.
Chrono structures your data into audit-ready records and flags eligible direct and indirect costs and qualifying activities. It supports strategic planning for credit claims, improves audit outcomes, and offers valuable insights into your financial statements.
Financial engineering is a quantitative finance discipline, while engineering financial management deals with project planning, cost estimating and cash flow statements to ensure long-term success in engineering-heavy organizations.
Chrono is used across industries, including the construction industry, to help track project expenses, manage future projects, and maintain control costs. Its dashboards support project cost control and highlight critical aspects that affect project success.