One of the hardest tasks a general contractor or project manager faces is subcontractor and vendor compliance. Reviewing the bids and estimates of a potential subcontractor is a straightforward process – but it’s only the beginning. The hard work involves monitoring subcontractor and vendor performance, work schedule compliance, contract adherence, and ensuring subcontractors and vendors are submitting accurate billing.
On a medium to large project, this task is even more daunting because a general contractor, project manager, and accountant must deal with multiple parties in a project. Further complications occur when subcontractors and vendors are at various stages of work completion or working on different stages of a project.
How does a general contractor or project manager track this in real time and run reports to ensure multiple subcontractors and vendors comply with billing and performance? Cabbage, an enhancement to Sage 300 Construction and Real Estate Software or Sage Timberline does it quickly and easily.
Cabbage goes beyond the ability of the Sage 300 Construction Software and simplifies tracking subcontractor and vendor billing. The ability to add and manipulate real-time data inside the contracts-in-progress reports and run instant work-in-progress (WIP) schedules empowers general contractors and projects managers with rapid analysis of work performance and associated billing.
Detect if subcontractors or vendors are billing twice for the same work, determine if overcharges are occurring in real-time, and, if a vendor or subcontractor needs replacing, Cabbage will project profits or losses based on an estimate revision feature. This feature makes for a great negotiation tool with new subcontractors or vendors to ensure the overall project stays on budget.
Cabbage is a must-have tool to track work and spending on every construction project. The last thing anyone wants to experience is discovering a project was completed at a loss because real-time tracking wasn’t performed.
For more information about construction projects, work-in-progress reports/schedules, and the Cabbage add-on, contact us today.