David Black, owner of Stone Will, understands the
importance of estimating. David has seen businesses
succeed and fail on the back of their estimating,
and says, “It is often pot luck that decides whether
contractors make money or lose money. Estimating is one
of the hardest skills to get, and I’ve seen companies go
bust on the back of getting estimates wrong.” On the
other side of the coin, Stone Will, who specialise in
large scale retaining walls and employ 18 staff, are
reaping the benefits of getting estimates right.
At the Landscape Australia Expo in Sydney, 2006, David
recognised that Benchmark Estimating Software could take
the guess work out of estimating, so he purchased it on
the spot. It is now 12 months since purchase and David
uses Benchmark for all of Stone Will’s estimating,
producing upwards of 200 estimates in that time and
winning work.
Maximising profitability and
getting a competitive edge
Thanks to Benchmark, Stone Will now have greater control
of their estimates. David says, “With Benchmark I am
easily able to monitor where we win and where we lose on
our jobs, and then make the necessary adjustments to our
estimates in the future to maximise our profitability.
We are also able to fine tune our estimate detail so our
bids are more competitive.”
|
Saving time
As David says, “Stone Will is able to chase more
work” because Benchmark delivers huge time
savings. David explains how Stone Will benefits
from features like: |
|
> |
The Item Library
- “Our Item Library is so valuable; it is
customised to our work, contains all the
information we need to do the job and with the
click of a button it appears in our estimate.” |
|
> |
Progress Claims -
“I do progress claims all the time and Benchmark
makes it so much faster. I used to type the
claims into spreadsheets manually but now I just
click a button and Benchmark produces them for
me. Also, the progress claims automatically
update when I add variations to a project which
is really good for us.” |
|
> |
The Export to
Microsoft Project
-
“This is brilliant. If you need a job schedule
produced straight from your estimate it saves so
much retyping.” |
|
> |
The Job Cost Export to Excel
-
“This gives us so much more control of our costs
right through the business, and again this
report is produced from Benchmark at the click
of a button.” |
David
concludes, “Getting a new system and changing my
processes was daunting at first, but in the long run
Benchmark has saved me so much time and money. The
training courses were very thorough and gave me the
skills and confidence to produce very good estimates.
Overall, Benchmark has given me greater control of our
costs; it makes our estimates, and Stone Will as a
whole, much more competitive.”
Click here for Stone Will's contact details