Many contractors in the construction industry struggle to pull together meaningful job costing information using manual spreadsheets, which causes frustration for the finance and commercial teams as they cannot calculate the accurate financial position of a job.
McDaid Screeding, a family run screeding & resin solutions contractor located in Luton, become the 300th user of Construct Express for Sage 50, since its launch in 2013. Discover below the challenges McDaid faced using manual spreadsheets and explore why they have implemented modern job costing software to help resolve their issues.
Previously McDaid struggled to pull together information for reporting due to data being stored in various spreadsheets. The business also had challenges managing subcontractor information and were worried about potential fines from HMRC for late submissions of CIS returns.
Sage 50 alone does not cater for construction accounting processes, and so McDaid could not part pay subcontractors or see the level of detail on a project they required to support decision making.
McDaid therefore decided to look around for construction-specific job costing solution which would help to overcome the issues the business faced.
As many contractors do, McDaid were keen to find a solution which worked alongside their current Sage 50 system to limit the disruption caused by implementing new systems, and also to keep the familiarity of Sage which they know and trust – as has been the case with many of the 300 Construct Express customers over the years.
McDaid have decided to implement Construct Express for Sage 50 for several reasons. Firstly, the business recognised how the entry-level job costing software would provide the ability to access key reporting information in a familiar Sage environment which could be dropped into an Excel Report Writer for further analysis, which allows for customised reports to be easily produced and updated instantly as transactions are entered into the system.
Secondly, the business can now ensure compliance with HMRC legislation by accurately recording, verifying and reporting on Subcontractor tax (CIS).
Further concerns regarding making critical business decisions without accurate data are now eradicated as Eque2s Construct Express solution allows you to have instant access to key project data via a robust job costing software system, which integrates with the tried and tested Sage 50 Accounts package.
Eque2 would like to welcome McDaid Screeding onboard as the 300th Construct Express customer and look forward to working with the business going forward.
Matt Hill, Head of SMB Sales at Eque2 commented, ‘We are continuing to see large growth across the business as more and more contractors seek to move away from manual processes to modern job costing software and technology which provides full integration between departments. Having grown to over 1,900 customers, we are proud of the success but do not take it for granted as we also continue to expand our customer-facing team in support and account management to maintain our high levels of customer service. I would like to take this opportunity to thank all our customers for putting their trust in us and joining us on this journey”.