WIP and Cost-to-Complete Management for SAGE 300 Construction
Joe Parton founded Alann LLC in 2000 after spending 15 years working as a controller for some of the largest contractors and construction management firms in Connecticut. Initially, his focus was on helping firms better manage their finances and cash flow by offering services as a consultant or part-time controller.
But things changed. Joe noticed a single common issue with almost every client he worked with. They truly struggled to get an accurate work-in-progress that reflected a project’s true cost to complete. And how can you manage your cash flow if you don’t know the current state of a project or how much it will cost to complete.
Yes, every construction firm and contractor creates a WIP report and estimate to complete, but doing so is time consuming and error prone. Spreadsheets don’t have history, are easily changed or corrupted and require time-intensive, keystroke-error-prone data entry to keep them accurate. And when they are accurate, they are old and out of date. Joe and his team set out to change this process. That’s how Cabbage was born.
A cash-flow report is great if the goal is to keep your bank happy. But to truly manage your construction business, you need to know what your costs to complete will be and have a near-real-time work-in-progress report. And you want to know your profitability by project. That’s what Cabbage does.
With Cabbage, its easy to make adjustments – changes on costs, change orders, subcontractor changes. And when its easy to do, the changes get made. With Cabbage, it is no longer a multi-day chore to review your open jobs.
We like to think that Cabbage makes people smile a little bit more because we eliminate the grind of printing, keying, reviewing, changing and revising each job, saving hours and even days, each month.
Manage your business better with Cabbage.
