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Cost Management

Visibility into the costs associated with your organization’s activities including specific projects, jobs or systems is essential to profitability. Being able to track costs throughout the job ensures that costs are applied as they were anticipated. Not being able to track costs leaves you open for costly overruns leaving your profits negatively impacted. Monitor progress, budget against estimate and correct issues during the project to ensure you come in on or under budget. This visibility also helps you drive better decisions about what areas of your business to grow, and where to make adjustments to maximize profitability of operations.

Cost Management enables you to:

  • Compare costs against estimates throughout the project(s), make forecast and estimate revisions as well as produce job change orders where necessary to maintain profitability
  • Understand how each cost item is impacting profitability and focus on most profitable components when considering projects or jobs to take
  • Track your cost elements at a detailed level across labor, sub-contractors, vendors, materials and tools, using segmentation designed for tracking them
  • Roll up multiple or unique jobs/components into a project with ease
  • Better manage your billing and retention
  • Improve efficiency by proactively managing your project cost
  • Meet financial expectations today, while also planning for the future
  • Union Payroll works to take the hassle out of managing this process, allowing you to focus on the critical aspects of your organization, specifically operations and your customers
  • Unexpected subcontract costs at job completion can destroy margins and erode your profit. Enable an efficient management tool to track subcontractors and related expenses and information.
  • Time-tracking management will easily expedites time card processing for posting labor to work order, contracts and payroll ensuring that you have the most real-time costs posted to your project.
  • Allow users to store, retrieve and attach files of virtually any format to the service call, location, customer record, maintenance contract, equipment records and any other fields.

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Customer Story

Monsen Engineering
"WennSoft has given Monsen all the tools we need to help manage our technicians more successfully, operate our back office more efficiently and service our customers more effectively."
- Jeff Somers, Monsen Engineering
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Visit WennSoft at AHR Expo 2012. WennSoft representatives will be present to answer questions about how to grow your business and manage costs. more

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