The Importance of Understanding Estimated Costs vs. True Costs
Understanding Estimated Costs vs. True Costs in Sage 300 & Beyond In his article at the 415 Group, CPA Lee Kammerer says that the process of estimating and presenting costs to complete on contracts in progress is as much an art as it is a science. The integrity of a contractor’s financial statements is supported by an…
Tips for Tracking Project Changes in Sage 300
Tips for Project Tracking in Sage 300 CRE Accurately tracking project changes is essential to the health and profitability of your projects, as changes affect project costs and completion timelines. Not consistently receiving updates from field staff, failing to keep paperwork organized, and manually updating changes across siloed systems make your projects prone to costly…
What Are the Best KPIs to Track with a WIP?
Tracking KPI’s with Cabbage and Sage 300 CRE Tracking KPIs (key performance indicators) is necessary for measuring your progress toward meeting business goals and are vital for showing trends that affect your profit, especially if you profit from a job-by-job system. They also offer information that allows you to make better decisions about and during projects. So…
Saving Time with Real-time Data
Save Time with Real Time Data in Sage 300 CRE There’s always human error during projects, usually due to inaccurate, siloed, or inaccessible data. You can avoid these issues with real-time data, which puts accurate, up-to-date information at your fingertips. REAL-TIME DATA SAVES YOU TIME AND MONEY IN SEVERAL WAYS. COST SAVINGS If your firm…