Cost Recoupment

Organizations must deal with damage caused by Mother Nature or human error. Recouping expenses invested in response can become a critical issue. To recoup costs, you must track labor, materials, equipment and ancillary costs. This data can be used to collect funds from other governmental agencies or insurance companies.

WennSoft solutions can help you:

• Track and easily access all costs tied to individual work orders, jobs or projects
  
• Access comprehensive project management reports to demonstrate actual versus forecasted expenses and percent completed
  
• Issue invoices to other organizations when cost recoupment opportunities exist such as to insurance companies or other governmental agencies