Best Project Cost Management Software

Compare the Top Project Cost Management Software as of November 2025

What is Project Cost Management Software?

Project cost management software is designed to help project managers plan, budget, track and analyze a project's financial performance. This type of software enables users to estimate costs accurately for each phase of the project while monitoring actual spending in comparison. Data collected from the cost management module can be used to calculate project profitability, predict future cash flows, measure activity performance and control overall costs. The software will also provide alerts or warnings when actual costs begin to exceed initial estimates. Finally, many systems offer powerful reporting capabilities that can generate detailed views into cost information as well as a wide variety of reports and analytics on cost trends. Compare and read user reviews of the best Project Cost Management software currently available using the table below. This list is updated regularly.

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    Journyx

    Journyx

    Journyx

    Journyx provides powerful time tracking software for businesses that need to easily and accurately track employee time for projects, billing, and payroll. With custom features like automated data validation rules, robust analytics and reporting, and standard integrations with Microsoft Dynamics 365 Business Central (BC) and Finance and Operations (F&O), Sage Intacct, Oracle NetSuite, QuickBooks, ADP (and more!)—Journyx has everything you need to streamline project management, billing, payroll, regulatory compliance, and accounting processes. Journyx core products are: * JX project time tracking software (project-based time & expense tracking) * PX resource management (for a complete picture of project and budget status, employee time, and resource availability) * CX time and attendance software, time clocks (including web-based, mobile, swipe, and biometric clocks), and scheduling applications) Are you a VAR? We love partners, too...check out our Partner Program.
    Starting Price: $5-$13/mo/user
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    Avaza

    Avaza

    Avaza Software

    Avaza is a cloud-based professional services automation tool that streamlines project collaboration, resource scheduling, time and expense tracking, retainer management, and invoicing. Trusted by teams across industries, it combines essential business functions into a single, efficient platform. Avaza’s all-in-one approach removes the need for multiple subscriptions and duplicate workflows. By integrating project management, financials, and retainer functionality, it provides businesses with real-time insights into project profitability, employee utilization, and retainer usage, all in one unified system. The retainer feature simplifies ongoing client engagements by automating payments and applying credits for completed work. This ensures seamless billing, efficient resource allocation, and greater transparency. Available across desktop, tablet, and mobile devices, Avaza ensures true on-the-go operational management for companies seeking flexibility and efficiency.
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    Starting Price: $11.95/month
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    Projectworks

    Projectworks

    Spiderworks

    Intelligent business management software for your entire company. A lot of solutions out there offer tools for project management, but how do projects work for the rest of your team? Projectworks gives everyone at your services company the tools they need, whether they’re a PM, exec or handling the books. A clear view of your team’s resourcing for better scheduling decisions, project tracking and budget reconciliation. An all-in-one place to manage timesheets, time-off requests and performance reviews for your employees. Visibility across projects to accurately forecast revenue, understand recoverability and seamlessly manage invoicing. Manage your resource pool on an individual level and see each team member’s pipeline of work. Make better project scheduling decisions with a view of who is at capacity, who is over-resourced and when a project can fit into your larger workflow.
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