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Thanks to the software, revenue used for cost centres, double entry
errors and missing copy and invoices was eliminated as it is now easy
to find mistakes and amend before payments are processed.
In the following year after implementation, Prime Build tripled its
turnover and is now setting lofty goals for the coming years.
Revenue Forecasting
Like any business, regardless of size, revenue forecasting and cost
control are vital to ongoing success. Without understanding where
costs are going and how much is leaving the business, it is nearly
impossible to grow and develop sustainably.
Mr Willemsen explained that Prime Build's legacy accounting software
didn't understand how projects work in relation to a number of factors
— including retention, work-in-progress and even how progress plans
work. He noted in the building industry that cost reporting and control
are important to be able to win tenders, manage projects and hire
employees.
Thanks to Jobpac Connect's integrated construction software solution,
Prime Build's costs are entered stringently and in a controlled fashion.
It also allows authorisation from relevant levels of the business,
meaning there is less pressure on certain parts of the firm.
All project administration and control managed in Jobpac Connect
gives a complete and accurate view of all aspects of projects across
the organisation.
Jobpac Connect
extrapolates
figures from
all walks of the
business cycle
and reports it in
ways that are
meaningful to
us. This means,
for example,
we can identify
problems within
projects sooner
and address
them before
they head south.
– Dean Willemsen
Prime Build co-founder
