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Use…or Lose

Check out new technologies. They can save your business.

Do you have a telephone? A cell phone? A pickup? A remote control for your TV? Once they were all new technologies and millions of people knew they would never work. What about hydrostatic transmission? Things change constantly in our personal and business worlds, and we try to make everything work better: less greedily for fuel while more quiet and comfortable for operators. We would do ourselves a grave injustice if we did not investigate the merits of new technologies for our machines and our business management, because their goal is to improve our business (and our enjoyment of it) and to make our work more efficient and more profitable.

Technology is no longer a luxury for contractors-it is a necessity. This is how Maxwell Systems, a world leader in construction-related technologies, puts it. From creating on-target bids to efficiently managing projects to ensuring that jobs are billed accurately, technology is an essential element to be competitive in a market where there is little wiggle room for inefficiencies or errors. For the most part, contractors have adopted various technologies to operate more efficiently in one area of their business or another, but that is not enough anymore. Construction organizations must streamline their processes across the board-from takeoff through project execution to the completion and billing of the project. An all-in one construction business management solution like Maxwell Systems' ProContractorMX is the answer for contractors looking to improve operational efficiencies, reduce costs, and increase profits. Providing end-to-end control of critical business operations, ProContractorMX handles the complexities of the entire project life cycle and provides versatile features that meet the business requirements of every role within a construction organization.

ProContractorMX can help contractors see a day's profit potential at a glance, identify and prevent potential financial losses, spot discrepancies and errors, and manage projects with accurate information in real time. Having quick and easy access to critical information as well as wide and deep visibility for every project, owners can hone business strategy, improve control of cash flow, and keep financials in the black with accurate ROI. Steven Pope, administrative manager for Mid-State Paving &Excavation sums it up: "We really like that everything is tied into one solution with Maxwell Systems ProContractorMX. The flow between the estimating, accounting, and other components is tremendous, and the navigation is smooth. All the tools of the trade are there. We can start small and gradually use more features as we need to and as we become more familiar with the solution. ProContractorMX is comprehensive, and we can grow with it."

Fifteen years ago, getting detailed cost information to the field in time for decision-making was virtually impossible. Management was more hierarchical, with decisions flowing primarily from the top down. Today, via technical devices, information is available almost instantaneously. Organizations can become more flat (and more efficient) with decisions based on high quality, accurate and timely information flowing through and efficient set of software communication and analysis tools. A foreman or project manager who can change the composition of a crew or address production rate issue at the end of the day rather than at the end of the week will be more effective. The result is lower cost more efficient companies with a competitive advantage. Companies expect software to connect the job site, safety officers, equipment managers and other key areas to the main office in almost real time.

Contributing writer Paul Hull writes on construction topics for several Forester Media magazines. The full content of this article can be found in the April 2011 issue of Grading & Excavation Contractor magazine.

Sigfusson Northern LTD

Sigfusson Northern LTD uses Maxwell Systems StreetSmarts as its job cost accounting and project management software solution. With StreetSmarts, SNL manages all of the accounting practices and job costs for their seven entities across the U.S. and Canada; maintain information in one place, in one format; manage payroll in-house; track and bill equipment expenses; and streamline workflow between the office and job sites.

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Our Story of Complete Construction Software

Maxwell Systems provides construction software solutions that help contractors to streamline workflow, increase productivity, and improve profitability. Furthermore, we understand that today's contractors must optimize processes across all business areas to gain or maintain an increasingly important competitive edge and ensure a successful business. Critical, to that end, is timely and efficient communication and information access among estimating, job cost accounting, and project management teams.

By using a Maxwell Systems complete construction software solution, you'll be able to better operate your business with increased efficiency and streamlined operations, and confidently increase profitability on every project. You will have the tools you need to accomplish more in less time; taking the guesswork out of reaching true profit potential; and improving financial stability for long-term benefit.

Why Maxwell Systems?

Maxwell Systems is truly unique with its ability to offer contractors a complete, seamless software solution that allows:

  • A new level of continuity and productivity among estimating, job cost accounting, and project management
  • Better insight, analysis, and financial oversight for owners to make informed and timely decisions
  • Improved operational efficiencies, cost reductions, and increased profits

Contractors value having an end-to-end solution from one company:

  • All applications work together seamlessly
  • Efficient access to comprehensive support and services
  • A stable technology partner committed to customer success

How Your Business Benefits

A complete construction software solution from Maxwell Systems provides end-to-end control of your business so you can see a day's profit potential at a glance, identify and prevent potential financial losses, spot discrepancies and errors, and manage projects with accurate information in real-time.

With tailored features designed to fit each member on your team, construction company management software ultimately allows your business to:

  • Attain end-to-end control and increased visibility
  • Achieve easy and accurate reporting with real-time data
  • Optimize project execution for maximum profitability
  • Streamline operations with seamless workflow

The Bid-to-Cash Cycle Explained

Managing each of the key process areas of a construction business – Estimating, Construction Accounting, and Project Management – requires vastly different talents and areas of expertise. The reality is that each of these functional groups is related and dependent on one another.

For your organization to run in an optimal fashion, the groups much work together in an optimal fashion. Together, these functional areas compromise what we describe as the Bid-to-Cash Cycle. And our goal at Maxwell Systems is to provide software for construction so you can bridge the needs of the functional groups, better manage this cycle, and so maximize profitability.

When construction estimating software, construction accounting software, and construction project management software are working together in a seamless system as a complete construction business management software solution, then a contractor is truly poised for optimal profit and productivity.

How does a complete solution fit your part of the cycle? Here are a few examples:

  • Owner: It's all about reducing waste, uncovering lost opportunity, exposing shortcomings, and maximizing resources – all which impact profit and the bottom line. With end-to-end visibility of every project, executives can hone business strategy, improve control of cash flow, and keep financials in the black with accurate ROI.
  • Estimator: Beyond estimating projects, the estimator can access more accurate information in regards to how the project actually performs. This will allow the estimator to improve accuracy on future estimates with actual labor and production rates, updated material prices, and other resource related items.
  • Accounting: Not only a company's construction accounting system, a complete solution helps to streamline the procurement processes for optimal efficiencies and produces more accurate purchasing processes. Additionally, billing processes, inventory issuances, and many other processes are streamlined. Less data entry, better accuracy, and reliable audit trail allow convenience and peace of mind.
  • Project Manager: The seamless workflow from Estimating to Project Tracking allows for a streamlined method of creating the job and then tracking performance against the estimate. Within the complete solution, the construction project management programs also provide the detail required for the Project Manager to understand what the Estimator was thinking when the bid was put together. Plus, by accessing real-time information whether in the office or in the field, the project manager can track progress, be more agile, and better handle all aspects of jobs from beginning to end.

Bottom Line

To succeed in today's competitive marketplace, construction business owners must improve productivity and have end-to-end visibility to see how jobs perform (and turn profit) from start to finish. Maxwell Systems knows construction company software and can be your partner by offering truly unique products (as well as support and services) that address the entire construction project lifecycle – from digital takeoff through final cash payment. Our seamless system provides your company with all the capabilities you need for estimating, job cost accounting, and project management, and ultimately for superior insight and analysis of your business.

Imagine the flexibility and insight by having one solution for estimating projects, for construction accounting programs, and for construction project software! All that and more in one system will help your business be more competitive and profitable.

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