Removing Duplicate Entry through Software Consolidation
The contractor had been using separate software programs to support project
management and financial reporting needs. Among the challenges in this method,
Concord recognized the lack of standardization, the amount of duplicate entry and
tracking, and errors in forecasting, as well as a limitation to long-term capacity to grow by
using separate systems.
Investing in Integration
Concord General Contracting chose to implement Vista by Viewpoint to put business on
a fast track for growth and to yield significant efficiency gains by reengineering business
processes and sharing information across the company.
The comprehensive construction suite allows Concord to use Vista for accounting, preconstruction,
and project management, including document management imaging and
workflow that’s all configured to Concord’s specific processes.
The Payoff’s in the Processes
Since implementing Vista, Concord has more than doubled its construction volume yet
added only limited support staff. They saved the annual cost of at least three employee
salaries. Concord cut waste on jobs by eliminating issues such as incomplete buy-outs,
poor projections, missed change orders, and slow close out; the company estimates an
average savings of at least one-half of one percent across projects.
In addition to the tangible savings, the integration of processes has increased
collaboration, communication, and reduced turn-around times on all fronts. Eric Peterson,
CFO & Director of Information Systems at Concord General Contracting, says: “We know
Vista by Viewpoint allows us to grow our firm to most any financial and geographic size
and complexity we choose – and without outgrowing our investment in the system.”
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