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Accounting Industry Insight Job Costing Resources Trends & Technology

Jonas Premier Listed in Top 10 by SoftwareAdvice

In a recent article, SoftwareAdvice.com listed Jonas Premier amongst the top ten most popular construction software products. The three metrics used to determine the rankings were, user adoption level, search traffic, and social media presence weighted by 75%, 14% and 10% respectively. Of these companies, Premier ranked the highest of the providers that offer true cloud, combined integrated project management and accounting software.

 

As a general contractor, moving to a cloud-based project management and accounting software is the first step towards expanding the scope of your business. By moving to an electronic cloud-based, integrated solution you can expect a significant improvement in job costing and tracking, greatly reduced double entry, and data access in any situation. Moving to cloud will keep you relevant in the ever-evolving world of construction and provide you with an edge against the competition.

 

Jonas Premier is crafted on a modern software architecture that is both flexible and simple to use. Some of the features that Premier offers include sides of Accounting, Job Cost, Progress Billing, Subcontract Management, Financials, Customer Portals and MS Projects Integration just to name a few.

 

About Software Advice

Software Advice is a trusted resource for construction software buyers. They provide detailed reviews and research on thousands of software applications.

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Industry Insight Resources Trends & Technology

Premier Announces Integration with Microsoft Project

Jonas Premier, a leading integrated cloud construction software solution, announces integration with Microsoft Project, a leader within the project management software industry. Phase 1 of this integration is set to be released in early December 2015.

Markham, Ontario, Canada (PRWEB) October 23, 2015 —

 

The goal of this integration is to enhance the accessibility of schedule information, allowing employees across the business to view project schedules from one central location. Any time a project schedule is updated, the revised schedule is automatically updated within Jonas Premier as well. This eases the burden of sharing schedules via email, which reduces the issues of viewing an outdated schedule and making decisions with inaccurate information.

 

Parham Mousavi, Director of Operations with Jonas Premier, is excited about the benefits this integration will provide, “With this integration between Jonas Premier and MS Project, existing Premier clients will not only be able to save time by having project schedules updated automatically, but they will also experience greater accessibility with all schedule information stored within the Jonas Premier system. All project schedules will be accurate and available in real-time, providing our clients with the confidence to make better decisions moving forward.”

 

The integration between Jonas Premier and Microsoft Project makes sharing project schedules easy, as everyone with access to the Premier system can view Gantt Charts, critical paths, schedules, and more, all in real-time. By automating this process, there is no requirement to import or export documents, which can be time consuming and cumbersome. Through a simple push of the button, project schedule information is made available to any Premier user, at any time and from anywhere through the integrated Jonas Premier cloud server.

 

Phase 2 of this integration, set to be released during Q1 of 2016, will further enhance this integration by providing Premier users with the ability to push estimated and actual costs to Microsoft Project, automatically creating the cash flow report in the process. As the project progresses, this integration will be able to automatically populate costs as well. This can be done instantaneously with a simple push of the button, saving a lot of time in the process.

 

About Premier

Premier is a fully integrated, cloud-based construction accounting software solution ideal for General Contracting businesses. Running in the cloud, it provides you with the ability to access and input key business information anytime, anywhere. It is built on modern software architecture, fully flexible and is simple to use. The complete offering for contractors includes: Accounting, Job Cost, Subcontract Management, Billing, Progress Billing, T&M Billing, Financials, Project Management, Bank Management, Purchase Order, Inventory, Time Entry, Integrated Document Storage, Field Mobile Apps, and Vendor and Customer Portals

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Industry Insight Resources

5 Tips On Choosing The Right Construction Software

1. Keep it Simple

Choosing the right construction software for your business can become very complex at times as there are many moving parts which can often complicate the process, hence, simplicity is key. It is a major investment so it is important to take the time to do proper due diligence. Premier provides an integrated construction software solution that is modern, powerful, yet simple. Configurable user-defined defaults, dashboards and favorites are just a few of many features that help personalize and tailor the software to your needs.

2. Look for Unlimited Training

To ensure your team is using all of the features and capabilities of the software, proper training is important to implement. Unlike most construction software providers out there, Jonas Premier offers an unlimited training model at no additional cost. You should be confident in knowing that while your business continues to grow, additional fees are left behind.

3. Check Client Support Reviews

The perfect type of construction software will help run your business if it entails a well-established support team to listen, consult and collaborate in order to meet your software needs. Always check client support reviews when searching for a software solution. User and/or professional references will supply you with their reviews on how they truly feel about the software.

4. Relationships Matter

When deciding on which construction software solution provider to go with, keep in mind that it is more than just about the product. Relationships also matter. Make sure you choose a vendor that you are comfortable with and one that you have a strong connection to. Communication should always be open and transparent. A strong bond between your business and the vendor you choose will add value, build trust and create the perfect partnership to help your business grow and succeed. If you notice the vendor and their team is going above and beyond for your business, then you are headed in the right direction.

5. Seek a True Cloud Provider

Your business is unique and so is a true cloud provider. Take advantage and seek a provider that offers a true cloud technology solution rather than a provider that uses in-house servers and/or gateways such as VPN and Citrix. Premier offers their integrated construction software solution as true cloud, which provides the ability to access the system anytime, anywhere on any device. True cloud will keep costs low and eliminate the hassle.

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Premier Team Hits the Field – Habitat For Humanity GTA

On Tuesday May 19th, the Premier Team put on their hardhats, construction boots and gloves and made their way over to the Brimley Rd. Construction Site to partake in the “Adopt-a-Day Program”. This program offers volunteers the chance to adopt a “build” day and participate among many other volunteers across the GTA. With the combination of teamwork, optimism and dedication, by the end of the day the drywall component at the Brimley Rd. Construction Site was well on its way. Volunteering time and providing financial support can create a tremendous difference.

 

An impact study conducted on Habitat Toronto Partner Families in 2012 revealed how affordable home ownership strengthens communities and opens doors for low-income youth:

 

  • 76% of homeowners report an improvement in children’s school grades
  • 81% report an improvement in children’s social lives
  • 92% of respondents say they will remain in their HFHT home for a very long time or can’t imagine ever moving

 

Everyone on the Premier team can agree that this experience was very positive and provided them with an entirely different outlook on how important it is to help break down the cycle of poverty. This program also offers anyone the opportunity to continue to volunteer- simply sign up online using the volunteer scheduler.

 

Remember, a little bit goes a long way!

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WHAT IS HABITAT FOR HUMANITY ALL ABOUT? Habitat for Humanity Greater Toronto Area (Habitat GTA) is a non-profit housing organization that mobilizes volunteers and community partners to provide affordable housing and promote home ownership as a means to breaking the cycle of poverty. Founded on Christian principles, we welcome all people without discrimination to join us as we build simple, decent, and affordable homes in partnership with low-income families. By owning their own home, families are able to achieve greater stability, and improve their overall health, while building equity for their future.

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Job Costing Resources

Importance of Job Cost Reporting

Valuable job cost reports provide crucial information about the current status of a job and can help estimate how you will finish on each job from a cost and revenue perspective. If you have many jobs in progress it can be difficult to manage, which is why it’s important to understand the reports so you can quickly identify exceptions and job overruns before it’s too late and address them accordingly.

In order to ensure you have real-time reports, you will require a truly integrated construction accounting and job costing software solution. It’s important to map out electronic workflow processes to ensure accounts payable invoices, purchase order and subcontract commitments are entered in as quickly as possible and distributed to the proper job allocation. If there are many jobs in progress, there is a strong chance that costs will be incorrectly assigned, but the function of the job costing system makes that highly auditable.

Job costing provides discrete “buckets” of information about each job so that the accountant can allocate costs directly to the job and division code, commonly referred to as the cost item. Advanced software solutions such as Premier provide cost item grouping and up to five levels of job cost breakdown for greater transparency.

If a job is expected to run for a long period of time, then the cost accountant can periodically compare the costs accumulated in the bucket for that job to its budget, and give management advanced warning if costs appear to be running ahead of projections. This gives management time to get costs under control over the remainder of the project, or possibly to approach the customer about a billing increase to cover some or all of the cost overruns. A considerable amount of costing precision is required especially when dealing with cost plus contracts where the customer pays all costs incurred. In most companies, controllers may cost code a job incorrectly which can misrepresent the job cost breakdown. For situations such as that, electronic approval systems are becoming a must have when evaluating job cost accounting software solutions.

Another advantage of utilizing proper job cost tracking is that you can better ascertain whether specific jobs are desirable to pursue in the future or what changes should be made next time bidding on similar work. It can be time consuming to enter in all the costs to the proper cost items but the introduction of mobile apps and proper job cost accounting software allows for real time costing and makes it easier to capture the information, thus leading to greater efficiency in the long run. The lack of detailed job cost reporting is why companies end up moving away from smaller accounting focused programs such as QuickBooks.  Here are a few sample reports that you should be able to run directly out of your accounting job costing system to determine variances, work in progress, and if you are over or under billing. Click HERE to see how Jonas Premier can help your business!

 

Job Cost Reporting #1

Job Cost Reporting #2