Sage 100 Contractor Product Book Sage 100 Contractor Product Book | Page 7

Controller
Chuck found that managing company finances and risks had
challenges at every new turn.
Supervising finances in an industry where
tight profits can easily erode to nothing
is Chuck’s everyday challenge. So many
areas have associated risk: uninsured
claims if an insurance certificate expires,
penalties or fines from errors in a certified
report, lost revenue if change orders are
not properly recorded, delays or rework if
a subcontract change order is missed,
or late vendor payments when customer
billing has been delayed. The list goes on.
And Chuck knew how much was at stake
if anything slipped by.
He always thought if he had more timely
access to current information about the
business, he could make better decisions.
But business can’t wait for the office to
create reports. He couldn’t wait to pay
people, talk to a bank, or make many
daily judgment calls.

When Chuck saw how Sage 100
Contractor integrated the whole
business—including office and field
activities—in a very straightforward,
comprehensive way, he realized how
much of his current time was taken up
manually tracking down and assembling
information. For example, before Sage
100 Contractor, he’d have to reconcile
different papers, emails, spreadsheets,
and accounting information to calculate
a true cash-flow status. Now, because he
has work in progress reports available
to him automatically, Chuck can instantly
access the earned revenue statements he
needs to accurately monitor the financial
health of the business.

Now he sees the business information
and performance indicators he needs
to stay ahead.
The key reports that Chuck routinely
reviews have given him back time in his
workday and have noticeably reduced
the company’s risk. If he wants to know
details about a job or group of jobs, like
percentage of completion or profitability
by job, he can now literally just click a
button and view the most current data.
He also can review a dashboard each
morning to immediately see what may
need his attention that day, such as
dropping bank balances and or aging
receivables. He also receives email alerts
to help him stay proactive and fix problems
before they happen, such as costs that
have exceeded a budget line in a job.

Learn more at: www.Sage100Contractor.com

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