Operations
Winning Through Better Teamwork
What if your project managers could work more smoothly and harmoniously with the finance department? Less friction and instead, more trust and collaboration? While every construction company uses some kind of software to manage their business, users of Spectrum™ Construction Software are able to create a stronger partnership between their operations and financial departments. Spectrum makes it easy to unify processes and coordinate activities so that everyone can pull in the same direction and work together as a team.
Stop the Paperwork Shuffle
Managing projects is complicated work and we know you're drowning in schedules, spreadsheets, files and paperwork. You need smoother document flow and the ability to separate what's important from all the distractions. With Spectrum, change orders automatically become invoices. Expenses are tracked and visible in real time, so you can identify and correct problems early. Final job costs can be projected at any phase of completion, so you can make adjustments to control costs and assure profitability. Document imaging, which we pioneered seven years ago, eliminates double-entry of data and makes tracking and retrieval of documents easy. With Spectrum, project managers finally have a tool designed to help them complete projects under budget - - on a regular basis.
New Tools for Working Smarter
With today's compressed profit margins, changing technologies and dwindling workforce, construction companies are under the gun. To maintain and grow profitability, project managers need the ability to see, both quickly and clearly, the key drivers of success. That's why Spectrum Construction Software offers Dashboards, which provide a graphic display of real-time information, featuring color-coded charts of key performance indicators (KPI's) tailored to your role, by each client, project, activity. Revealing insight on each dimension of your jobs, with indicators like:
- Working Capital: for easy tracking of your cash position
- Schedule Variance: the completion status of each job
- Margin Variance: your total work program relative to plan
- Job Cash Flow: how each project is impacting overall cash flow
- Committed Cost: to control exposure on cost commitments
- Backlog: to select the best new opportunities and manage for profitability
Spectrum also offers Queries, which alert you if there's a problem. You customize certain recurring database queries that automatically notify you by e-mail when a specific action occurs. Allowing you to respond quickly, and apprehend a situation before it becomes a problem.
Because the Best Software Doesn't Cost, It Pays
New Spectrum Query & Dashboards make it easier for you to stay informed, manage risk, control variables, make better decisions and ultimately generate more profit. Click here for details on how Spectrum can help you maximize your company's financial performance.
See how Spectrum Construction Software can help
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