Sage construction and real estate ERP system provides an enterprise resource planning (ERP) solution designed to mitigate risk, enhance visibility and efficiently oversee an entire property portfolio. It includes accounting, project management and estimating tools designed to enhance productivity while decreasing operational costs in construction or real estate firms.
Software that integrates financial, project management and real estate development capabilities for both general contractors and subcontractors as well as property managers and developers into one solution is ideal for general contractors, subcontractors, property managers and developers, offering full audit trails of all transactions as well as customizable reports that empower executives to make smart decisions to increase profitability and improve profitability.
Sage Construction and Real Estate can be reached from any device with internet access, providing easy access to data. Its cloud-based infrastructure enables easy collaboration among team members no matter their physical locations; eliminating delays in information exchange while helping teams work more efficiently. Providing an accurate picture of project timelines and progress helps avoid budget or timeline overruns and saves costs in overruns.
Document management is one of the core capabilities of Sage Construction and Real Estate Suite. It allows users to store, organize, route, and classify documents such as drawings, RFIs, invoices, lease agreements, contracts and more easily in one convenient place. Users can classify documents by job number, cost code project property user defined custom field etc for quick retrieval at any time needed.
Sage Construction and Real Estate Suite is equipped with tools for managing service operations, such as keeping tabs on service costs, dispatch orders, work orders and flexible billing options such as free-form, time and material and progress billing – providing users with more efficient operations while automating processes for more comprehensive project financing and project management.
Retainage tracking is another valuable tool provided by Sage Construction and Real Estate. It enables users to monitor and manage retainage, which is defined as the percentage withheld from customers or vendors until work has been completed. Retainage can be tracked on sales invoices and vendor bills so users know if retainage has been held, released, paid out or remains. Retainage monitoring helps ensure projects are accurately priced, communicated, approved and placed into billing cycles.
Sage Construction and Real Estate Suite offers users an intuitive platform for tracking equipment costs, revenue, usage and profitability – helping maximize returns on investments while increasing profits for property managers and developers who must ensure fair payments for rental equipment. This feature is especially beneficial when renting equipment to tenants for project development purposes.
Management of a construction or real estate development company can be an immense task, leaving business leaders feeling beleaguered by all of its details. From tracking costs and assuring compliance to streamlining operations and increasing profitability, finding technology solutions tailored specifically for each challenge faced is essential for business leaders’ success.