Executive insights · Cost tracking agent

How Concreto’s finance team catches cost overruns three weeks earlier

Cost tracking agent

70%less time

to detect a cost overrun, now tracked live.

7 active projectsBudget vs. actualOverrun flaggedThe same dayAI agentTracks every cost
30 days → livedelay before project margins are known
4 days → secondsfor the CEO to get a project status update
1 day → 1 clickto total payroll across 24 pay periods

Concreto, a fourth-generation construction group in Argentina, ran seven active projects from a 10-tab Excel workbook, on a real margin in the single digits.

01The problem

Cost overruns showed up about 30 days after the fact, once someone had consolidated the spreadsheets by hand. The CEO could not answer “are we making or losing money?” without asking three people and waiting for an update.

Payroll was rebuilt from spreadsheets, WhatsApp photos and paper over three full days every two weeks.

02What was built

Work-Smart.ai, an AI consultancy, built a system called Capataz over nine months in four phases, with the first dashboard live within two months.

Capataz is a private AI that reads the firm’s contracts, specifications and cost sheets and answers questions with the source cited. Around it sits a live cost engine that tracks every project’s budget against actual spend.

03How it works

  1. 01Track every cost

    Each cost line is mapped to a job, phase and category, and updated automatically for Argentina’s construction cost index.

  2. 02Compare budget to actual

    A live view shows contract value, costs and deviation by phase for every project.

  3. 03Flag what slips

    Late phases are flagged together with what they cost, such as idle crews and equipment hire.

  4. 04Answer with sources

    Anyone can ask about a contract or cost and get an answer with its source. Capataz flags anything it cannot prove.

04What changed

The CEO now sees every project’s cost and schedule in real time, and the dashboard has replaced the Monday status meetings. Work-Smart.ai reports that finance catches overruns about three weeks earlier.

A payroll total across 24 pay periods, once a full day’s work, takes one click. Concreto now resells Capataz to other builders.

What this could look like for your clients

Your construction and project-based clients often learn about overruns at month end, when the money is already spent. A similar system could show each job’s margin live, so problems are fixed while they are small.

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