Construction Software Suite

Transcription

1 Job cost control or budget tracking is a key aspect to project management and is one of the main reasons engineering and construction firms choose Corecon. Many of these firms are satisfied with their accounting software in terms of general accounting functions, but when it comes to handling project financials such as subcontracts, change orders, progress invoicing and job costing, these systems tend to fall short. So, if you think your project operations need to run more efficiently, Corecon is the perfect choice and will complement Xero eliminating any workarounds that are done with spreadsheets. The Corecon Platform Corecon V8 Corecon's flagship product, Corecon V8, is a cloud-based suite of software for lead tracking, estimating, project management, job cost control and scheduling. This powerful, user-friendly solution enables operations to manage their leads (job opportunities) and projects more efficiently from preconstruction through project closeout. Corecon s cloud-based platform gives engineering and construction firms complete project visibility anytime, anywhere, allowing management to make quick and informed decisions.

2 Features and Benefits Relating To Estimating and Job Costing Executive Dashboards and Reporting Customizable Detail and Log Reports for all features Track Budgets regardless of Project Duration (e.g. 1 month, 1 year, 2 years etc.) 20+ Dashboards for Project Financials o Multi-project Analysis o Individual Project Analysis o Analysis by Job Cost Code and Resource Type (M, L, E, S, O) o Work-In-Progress (WIP) Analysis taking into account the four contract types o Cost-to-Complete Analysis o Historical Analysis o Estimated Cost Budget vs. Committed Cost vs. Cost To Date Analysis o Contract Amount vs. Billings To Date Analysis o Cash Flow: Billings vs Cost To Date Analysis o Labor Hour Budgets vs. Approved Labor Timecard Analysis o Equipment Hour Budgets vs. Approved Equipment Timecard Analysis o Vendor Dashboard Estimating Use Project Leads to track job opportunities Lead Calendar showing Bid Due Dates and related Correspondence that requires follow-up Team-Based Estimating for multiple users Group estimate line items up to 4 tiers using Work Breakdown Structures (WBS) Markups at Line Item, Section (e.g. WBS) and for entire Estimate Integrated Request For Pricing (RFP) Packages to request and collect pricing from subs and suppliers Track multiple estimates per lead (e.g. Base Bid, Base Bid rev 1, Base Bid rev 2) Professional Proposal Generation Lead Dashboards for Award vs. Not Award Analysis Contract Administration Built-in Wizards to setup Job Cost Codes, Prime or Client Contracts and Budgets from a Corecon Estimate or spreadsheet Manage Multiple Prime Contracts for an Individual Project (e.g. Bldg.1/Bldg. 2 or Lot 1/Lot 2) Four Contract Types for Prime Contracts and Subcontracts o Fixed Lump Sum o Cost Plus with Guaranteed Maximum Price (GMP) o Cost Plus without Guaranteed Maximum Price (GMP) o Unit Price Track 4 Types of Budgets for each Job Cost Code o Cost Budgets: Material (M), Labor (L), Equipment (E), Sub (S), Other (O) o Contract Amount o Labor Hours o Equipment Hours Comprehensive Change Management o Change Proposal Request (CPR) o Change Orders (CO) Pending, Approved and Not Approved Status Options for Prime Contracts, CPRs, COs and Prime Contract Invoices Percent Complete Style Invoicing with Retention/Holdback Tracking

3 Workflow that makes sense: Project Managers can prepare COs and invoices and accounting staff transfer this information to Intuit QuickBooks Pro, Premier, Enterprise or Online editions. Procurement designed for the Construction Industry Two Separate Procurement Processes for Suppliers and Subs o POs and Bills o Subcontracts, Sub Change Orders (SCO), and Sub Invoices Pending, Approved and Not Approved Status Options for all Procurement transactions Estimate To Procurement Wizards for quick setup of POs and Subcontracts Eliminate over-billing using Subcontracts HR and Time Tracking Default and Project Specific Payroll Rates Labor Timecards Equipment Timecards All users can enter time and then Financial Admins approve them. Comprehensive Construction Industry Correspondence and Documentation Features Correspondence: Issues, Journals, RFIs, Submittals, Transmittals Documentation: Daily Logs, Meetings, Owner Items, Progress Photos QC & Safety: Checklists, Comply Notices, Permits, Punchlists, Safety Accidents Built-in Collaboration allowing Outside Team Members to respond directly in one s database Alerts & Scheduling Calendars for each module showing reminder and due dates Scheduling (Gantt Chart, Resource View, Task Assingments etc.)

4 Corecon Mobile for Apple ios and Google Android Construction Software Suite Corecon Mobile is an extension of Corecon V8 and is compatible with smart phone and tablet devices running Apple s ios or Google s Android operating system. These downloadable Apps are free to all Corecon subscribers and provides access to crucial information such as Checklists, Daily Logs, Punchlists and Timecards for employees and management that are out in the field. Information entered in Corecon Mobile will immediately appear in Corecon V8 so no synchronization is needed!

5 CoreconLink for Xero CoreconLink utilities provide seamless integration between Corecon s construction software suite and small to mid-tier accounting solutions such as Xero. This eliminates duplicate data entry and maintains consistency across the organization. The business process diagram shown below illustrates how Corecon s project management features are integrated internally and with Xero.