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Materials Management

 
 
A Comprehensive View of Materials Management

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Materials Management provides control over manufacturing costs, the sale and delivery of materials, and trucking expenses. Complete integration from the scale through printing invoices allows more material tickets to be handled more quickly – with fewer errors. Production is sent on demand, which amounts to daily job costing and invoicing for improved cash flow.

In Materials Management, internal trucking and hired hauler costs are automatically sent to Job Cost on a daily basis, and vouchers are automatically created to facilitate payment to truckers.

Perpetual inventory is automatically tracked. This helps when forecasting raw material needs based on awarded jobs and quotes. Tracking and analyzing the Cost of Goods Sold for your material operations has never been easier. Materials Management is designed to make accounting for your material operations an automated process, which eliminates costly errors and provides timely, relevant management information.

Materials Management streamlines the handling of materials.

  • Material Billing [+]

    Material Billing provides an integrated billing solution with the special requirements of the material producer in mind: the ability to track and implement different contract types and multi-faceted billing functionality to meet each customer's needs.

  • Product Cost [+]

    Product Cost controls manufacturing for material producers. This StreetSmarts component is designed to treat a production facility as a profit center. Product Cost allows contractors to monitor costs of production and maintains inventories of produced and purchased plant materials.

  • ScaleSmarts [+]

    ScaleSmarts is designed for scale operations that require independent daily operation while maintaining centralized pricing, credit, and customer control. ScaleSmarts handles ticket pricing and can be directly interfaced to the scale device for immediate recognition of gross and tare weights.

  • Third-Party Scale Interfaces [+]

    Third-Party Scale Interfaces are available for computerized scale operations such as Libra, Celtec, WEN, Command Alcon, JWS, and others. This interface brings ASCII-formatted information to the Remote Billing host system and eliminates the need for duplicate ticket entry, saving valuable processing time and reducing errors. All information received by the host system is fully editable.

StreetSmarts is the Profitable Way to Manage Materials with Accuracy and Automation.

 
 
 
 
 
Learn more about Maxwell Systems StreetSmarts
 
 
 
 
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An Accounting Solution You Can Count On

Learn the 6 Reasons why a better fit with job cost accounting software can boost your profitability.

Recycled Materials Company, Inc

Recycled Materials Company (RMCI) needed software that provides financial information in a timely manner and handles multiple companies, material billing, and product costing. Find out why RMCI chose Maxwell Systems StreetSmarts construction management software.

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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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Complete Construction Software Solutions
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