Construction accounting goes way beyond debits and credits. Moving money to the bottom line and keeping cash flow positive across all your jobs means having complete visibility into your operations. With Spectrum Construction Accounting, you have the tools you need to stay on top of job costs, WIP reporting, committed costs and earned revenue. Gain the intelligence you need to keep jobs profitable and the bottom line healthy. See how cloud-based and mobile-friendly Spectrum software works for you wherever work takes you.
More often than not, the success of a particular construction project is determined by how well project leaders deal with risks. Risks are inherent in every business—and it’s obvious that they carry a dollar value—just look at the insurance industry. Contractors who are able to understand the risk factors in their business, and can work to mitigate these risks, are in a position not unlike insurance companies. By assuming more of the risk for the projects that they are involved with, contractors can take the burden of risk off of owners or subcontractors and charge a premium for doing so. Even if this doesn't become an actual source of profit in and of itself, contractors who work actively to understand and control risk are in a position to make smarter project decisions which can lead to higher profit margins.
Job Compliance Tracking is a powerful new Spectrum tool to digitally manage all of your project’s compliance documents. Alerts and automatic workflows ensure compliance documents are always up to date and that work being done is in full compliance of laws, regulations, and contractual agreements.
“A huge benefit for us is the cloud-based (platform). Our project manager can write the purchase order on site, logged in through his tablet or through his laptop. That disconnect from office to field has been bridged with Spectrum.”
Dallas Williams General Manager, Red Deer Office Scott Builders, Inc. Red Deer, Alberta, Canada
“What we need right now is simple technology, user-friendly technology…and that’s why we went with Dexter + Chaney.”
John Friedel CFO Baldwin Paving Marietta, Georgia
“Dexter + Chaney has always been there and have evolved along with us.”
Rick Kloss President Pieper Houston Electric L.P. Houston Texas
“Our operations and our management people are able to access Spectrum and get the information they need right away. They don’t have to wait for somebody in accounting to take the time to write up or type up a report or a spreadsheet to get it for them – they can get it immediately. With Spectrum, we can get a lot more work done.”
Dori Seegar Accounting Manager Yale Mechanical Minneapolis, Minnesota
“Spectrum gives me the tools I need to query the database and access virtually any piece of data I need to build a report. Whether they’re pre-built or customized, Spectrum’s reporting capabilities really allow us to get as deep into the data as we want.”
Steve Drouin Director of IT Interstate Electrical Services Corporation Billerica, Massachusetts
“We went with Spectrum’s Document Imaging and now it’s so streamlined that today if a customer calls in and has a question about an order, we can immediately go in and pull up the invoice and the tickets associated with it. It’s saving time, it’s saving us storage and it’s saving us money.”
Mike Sanson IT and HR Manager Midwest Concrete Materials Manhattan, Kansas