Estimating costs with utmost precision is vital in keeping your construction company profitable, competitive, cost-efficient, and risk-free.
Accurate estimations of project costs allow you to effectively bid on projects, develop budget plans, track progress, and scale up or down business operations. There are available document management software integrating estimating with job costing, accounting, and payroll, keeping errors minimal and ensuring a successful project.
As the foundation of construction projects, investing in estimating and quoting software with features streamlining operations reduces project risks, costs, and duration. Here’s how:
Importing of Relevant Data
Performing a project requires a vital document: the bill of quantities (BOQ), a list quantifying necessary materials and labour. BOQ acts as the project invoice, schedule of values, and your weapon in winning project biddings with competitive prices.
Accurately estimate prices and provide precise cost breakdowns with the leading building material estimating software, which lets you import BOQ into the system. This feature results in smoothened project cash flow and resolves bottlenecks.
Supplier list is another data you can import in an excellent construction software system, allowing you to compare prices and secure great and profitable deals.
Quick and Accurate Estimation Algorithm
Investing in expertly coded document management software for construction ensures that cost estimations are done instantly without compromising the accuracy and quality of results.
By allowing you to use previous project estimates and make necessary adjustments, you can enhance quote turnaround and accelerate it up to 1-2 hours.
The boost in estimation and quoting saves your company’s resources, money, and time.
Flexible and Detailed Reports
Construction software typically has reporting features that create comprehensive estimation and quoting reports. You can use these reports in:
- Project bidding
- Budget development
- Progress tracking
- Planning
- Risk mitigation
Leading construction software developers allow you to alter the information and data you include based on the relevance of the project type and client details. Moreover, you can limitlessly put supplementary documents like project plans, subcontractor quotes, and references for a more comprehensive estimate.
Other Features
Take-Off Calculator
Special construction software simplifies the take-off process for you by allowing you to automatically list, measure, and calculate materials and costs necessary for the project.
Missed Items Tool
With the missed item button of innovative construction software, you will never worry about estimates and quotes with missing cost, quantity, or supplier information again. This feature reduces the risk of additional expenses by highlighting vital information you forgot to include in the estimate with a single tap or click.
Where to Get Construction Software with All These Features?
As one of Australia’s credited builder software developers, Bizprac offers document management software integrated with all the features above, providing the ultimate project management solution.
Enjoy a fully integrated and ever-evolving software system offering services with Bizprac.
Contact Bizprac today and learn how a professional tech support team can help you get started with efficient project management.