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Building Services Engineering l September/October 2021
Using connected data to solve business challenges
Data is a strong indicator of business success, so it’s vital to have a digital solution to connect it. Having job management software in your business can help you quickly gather, analyse and act on your data from one spot. As a result, you can answer key questions about your business and easily pinpoint underperforming areas to boost productivity and improve cash flow, such as: Which jobs are most profitable? With all of your data centralised, you can measure the profit and loss of each specific job. You can quickly identify and improve any patterns or processes that repeatedly occur in jobs reporting losses.
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Who are your best customers? Job management software with reports that rank customers by turnover, profit margin and average invoice value can help you pinpoint loyal customers who are vital to improve cashflow long-term. Which customers have overdue payments? With data in one location, you can run regular reports showing all customers with overdue outstanding invoices and each overdue amount. This helps you quickly spot large overdue invoices so you can chase them down and improve your cashflow position. Are projects on track and within budget? Job management software helps you run reports that compare original and revised project estimates so you ensure the project stays within budget. The project owner can also use these reports to drill down and see where to reduce costs.
Do you have the right materials in stock? Using job management software to run stock reports ensures that both field and office staff can quickly identify whether they have the right materials in the right location to complete the job. Stock management reports can also help to quickly relocate materials and know when to order new materials ahead of a job. With the right materials in stock at all times, you increase overall job profitability and ensure consistent cash flow. With the connected data, you can solve your business challenges faster and run a more efficient business overall. simPRO ‘s job management software solution manages all service, project and maintenance work and includes over 60 in-built reports and advanced BI reporting to help businesses understand and act on their data. Learn more at simprogroup.com Q
24/08/2021 14:29
