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New House Building modules

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We are pleased to announce that two new modules have been added to our House Building solution. The Bill of Quantities module will be available at the end of the year and Cash Flow and Profit Forecasting is available now.

Bill of Quantities

The purpose of this module is to build up detailed Bills of Quantity to support the House Type and Development Budgets in VAP (Valuations and Automated Payments).

Business Benefits:

  • Closer integration leading to reduced duplication of effort between surveyors/estimators and buyers.
  • Reduced effort and improved consistency in handling house type variants.
  • Improved handling of schedule changes and variation orders resulting in time savings and increased accuracy.
  • Improved tracking of progress with Enquiries and Orders by linking the Schedules with Packages and Events.
  • Facilitation of management of the ordering and delivery process in line with agreed construction program.
  • Reduction in the time and effort required to maintain Bills of Quantity, by the use of “intelligent resources” to add linked items in a single action.
  • Improved reporting of actual material costs against budget by holding the detailed Bill of Quantities to support the budget.
  • Improved efficiency in the production of orders

Cash Flow and Profit Forecasting

Cash Flow and Profit Forecasting is an extension to the functionality offered in the COINS Land Appraisal, House Sales, VAP (Valuations and Automated Payments) and Financials modules. It provides a single solution for collating multiple appraisals, financial information, along with proposed and existing development details to form a consolidated cash flow and profit forecast.

The high level of integration provided with the rest of COINS significantly reduces the time taken to produce a forecast and improves its accuracy. It is also highly configurable, allowing users to tailor the system to suit their method of forecasting.

Key business processes supported:

  • Cash flow and profit forecast model definition.
  • Ability to update and monitor forecasts.
  • Optimum mix of model developments to achieve company objectives.
  • Production of “what if” scenarios.
  • Reporting and Key Performance Indicators.
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