Posts Tagged ‘AccuBuild’

News for Construction Companies: Prevent Profit Fade

Wednesday, February 24th, 2010

The bidding process at the beginning of a construction project might put a big smile on the owner’s face upon seeing the profit margin, however; at the end of the project, that smile may have slowly transformed into a frown projecting a noticeable look of confusion. Why? Because profit fade, the difference between the perceived profit and the actual profit, can be significant.

There are a variety of reasons why the estimated profit and the actual profit fluctuate. Maybe the initial plans were bad and the owner wasn’t willing to approve necessary change orders. Maybe the project manager miscalculated the estimate to complete during the project. Maybe weather delayed the project more than expected. Maybe the estimator missed an item on the bid.

Sound familiar? Get a firm grasp on preventing profit fade by reading my article that recently appeared in Modern Contractor Solutions, “Prevent Profit Fade: Three Ways Technology Can Increase Job Profitability.” Click here to read the full article!

Construction News: Is A Little Bit A Lot?

Tuesday, July 28th, 2009

The debate over whether or not the stimulus package is helping the construction industry (and the overall economy) rages on. About 30 minutes ago, the Associated Press (AP) posted an article, SPIN METER: ‘Help Wanted’ Counting Stimulus Jobs, exploring the reality of new jobs.

According to this article, the new jobs created by the stimulus package only last 35 hours or one work week.  Yet, by the state’s accounting, a job is a job whether it last for an hour or a year!

Is a tiny bit of work better than none? Hmmm, not sure about that one.

On the federal level, President Obama says the stimulus package has created 150,000 jobs based on a misused formula. His numbers are murky at best. Sound like the same blurry area we face trying to figure out Google’s new algorithms.

Ten states have launched their own mini stimulus package to create more jobs and nine others have proposed one. This is my favorite quote from the article,

Contractor Deborah Matthews of Pacificmark Construction, based in Milwaukie, Ore., is happy for any work. Her company picked up three contracts for painting, installing a water filter system and refurbishing a maintenance building. Prior to those contracts, which lasted about six weeks, she had laid off nearly all her construction workers. She brought back three full-time and hired a part-time worker.

“It was a little bit,” she said, “to just keep us going.”

I encourage you to read the full article and give your 2 cents. In this economy, is a little bit of work a lot???

The Perks of Construction Management Software

Wednesday, May 20th, 2009

At least once a week, I do a demonstration of AccuBuild Construction Management Software for a potential client. And every time I do one, the person is always amazed at the features and capabilities and typically says, “I can’t believe I didn’t get this sooner!”

Every contractor knows that managing construction projects is a very complicated task. Why? Well, the paperwork alone is mind-boggling.  Every single document must be handled properly or the entire project can suffer. Sadly, even the most organized person can make mistakes. That’s why Project Management software is so great - it allows you to go paperless and avoid the hassles of misfiled or misplaced documents.

In addition to the Document Management capabilities, Project Management Module is totally customizable so you can create the exact report you need when you need it. You can also filter information down to the smallest detail.

If you haven’t explored the benefits of construction software, maybe it’s time to check it out. In this economy, you can’t afford to make mistakes and modules like Project Management go a long towards perfecting your processes. Check out a demo here!

Using Construction Software: Are Your Tax Tables Accurate?

Wednesday, May 13th, 2009

The Federal Government issued new federal withholding tax table in February this year that were to be used no later than April 1st, 2009.   California, Arizona, and New York issued new withholding tables that are to be in place no later than May 1st, 2009.  We’re also seeing notices that indicate other states might be updating their tax tables before the year is out.  These changes are all in addition to the tax tables that were released in January of this year.

Because of these tax table changes, it is important that you are using the most current tax tables so that your employees are having the proper amount of payroll tax withheld.  If the old tax tables are still being used, your employees could end up owing taxes at the end of the year because the wrong amounts were being withheld from their taxes.

The AccuBuild Update for Version 8404 contains all of the latest federal and state withholding tables for Payroll.  If you are not running version 8404, please download the latest update from our website and start using these updated tax tables as soon as possible.

If you have any problems accessing the downloads, please call AccuBuild customer support at 800-728-6853 – ext 2 and we will be happy to assist you in getting the update installed.

Tips for Selecting Construction Software

Tuesday, April 21st, 2009

Choosing the right construction software for your company is a big investment. The good part is if you do choose the right solution it will make your life easier, your staff more productive and your company more profitable.

When selecting construction software, here are a couple of things to consider that may not be apparent by just seeing a presentation.

1. - What kind of database does the software use? Is it an SQL database? If so, that’s a good thing. If not, that means the software performance will decrease dramatically over time and the more users you, add the slower the database will become. Most software companies that are dedicated to keeping their system up-to-date have invested in the development cost of implementing SQL database.

2. - How many updates do you get annually? This is an important question to ask because you will be paying a annual maintenance fee between 18-21%. Make sure you will get what you’re paying for. No matter how good the construction software might be, there are always enhancements and updates that can be made to better it. If you’re only getting one or two updates per year, you might want to reconsider.

3. - Will the application you’re looking at become obsolete? Ask questions like what programming language is being used. If the construction software uses old language, chances are a re-write of the software will have to happen in the near future. Find out if you will be charged for that upgrade.

4. - Who are you buying from? Is the company the developer of the product or a reseller? If you need customization, can they provide it? If they are not the original developer it may be harder for them to update the software as they did not create it originally.

AccuBuild Launches AccuBlog!

Friday, February 13th, 2009

We’ve been talking about starting a blog for months because we think it’s a great way to share our knowledge of the construction industry, especially when it comes to construction software technology, with our clients and other professionals.

I’ve been in the business for many years now and one question from potential clients remains the same, “Should our project management software be integrated with our accounting and document management programs?”

My answer is always, “Without a doubt!” Why? Because unifying your accounting and document management results in benefits that are impossible to ignore.

You can eliminate duplicate data entry, unify your staff, save valuable time, manage all of your documents (say goodbye to that huge stack of paperwork!), protect yourself in the event of an audit or litigation and so on.

Find out how AccuBuild can help you streamline your business.

 
   
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