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5 Things to consider when evaluating estimating software

A key element of any successful construction business is accurate estimating, allowing you to anticipate all of your costs and ensure profitability. The problem is that estimating is time consuming and often labour intensive, where errors can add up and have a.....

Today, construction estimating software is giving forward-thinking building companies an edge over their competitors. The benefits of an efficient estimating solution are comprehensive, but here are our top five.

 

1. Efficiency

Efficiency is one of the main benefits you’ll enjoy when using a digital estimation software. In fact, compared to all the other software products currently in use in your business, no other software will be able to save you time and money like estimating software.

For example, Cubit is up to 10 times faster than traditional methods of estimating, and is up to 3 times faster than other software packages. By improving the speed and efficiency of your estimating, you'll be able to put more quotes out into the marketplace, win more jobs, and dedicate more time to other important areas of your business.

 

2. Accuracy

In a turbulent economy and competitive market, it has never been more crucial for you to keep track of your subcontractor expenses, actual labour costs, equipment costs, and material costs than it is today.

It’s essential that you have the ability to track all your back orders, stored materials, and the ones that have already been installed in a recent build. Estimating software drives this accuracy, allowing you to establish the build’s closest true cost.

Estimating software like Cubit isn’t only a powerful computing solution for these figures, but also empowers users to achieve greater accuracy for projects they intend to tender for. Additionally, it pinpoints your labour costs, and the total volume of materials that will be required for a project.

 

3. Consistency

When you use a construction estimating software, you will be able to form estimates that utilise similar procedures and expenses every time you have a new build. This ensures a consistent process across all projects. 

 

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Software options like Cubit also maintain a database of prices and costs that can be updated as needed, providing your estimator with tools they can use in future builds and avoid costly build overruns. These features make it possible to compare past projects, establish a construction time frame, and take advantage of streamlined systems and processes.

 

4. Integrations

With estimating software, you can integrate your work with other key software solutions for your business; giving you the ability to streamline your workflow, and reduce replication of data.

Cubit integrates with a range of systems, to help you streamline your processes and make your work easier, including Microsoft Excel, Xero accounting software, BuilderTrend project management software, and Mudshark earthworks estimating software.  

 

5. Professionalism

Apart from providing you with accuracy, consistency, precision, and speed, estimating software will also take your overall professionalism to new heights. As a contractor operating in today’s competitive construction industry, it’s important that you don’t fall behind the pack by using outdated processes and cumbersome technology.

Producing professional quotes and reports will give your customers an extra degree of confidence in your business. Cubit allows you to generate a range of customisable reports, so you can include the specific information you need, and personalise it to match your unique brand.

Many construction firms are making the switch to estimating software, and doing away with the old ways of calculating everything by hand. To discover how Cubit can give your business the edge it needs to stay relevant, get a 14-day free trial below:

 

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