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Following on from the successful Version 6 (August 2005), comes an interim release of Benchmark Estimating Software Version 6.03.  Version 6.03 includes even more new features and improvements that have been suggested by both our current users and by the Benchmark team.  These improvements include:

1. Resource Production Rates
2. Cost Codes Export to Excel
3. Improvements to the Follow Up feature



 

Resource Production Rates
 
What they do:

Resource Production Rates are considered by Benchmark director, Rob MacDonald, to be "one of the biggest pure estimating additions to Benchmark Estimating Software in recent years".  They allow a production rate to be assigned to any group of resources within an item.  This means that when you alter this resource production rate, all the resources that are associated with this rate (within the Item) will be automatically updated for you!

In many cases, there will be more than one production rate for different groups of resources within a single Item, so Benchmark allows multiple resource production rates to be entered for any item, as you can see below.

 
Resource Production Rates at the resource level
(Click on image to view full size)

  Benefits:
  >  extremely easy alteration of production rates,
  >  chances of error are greatly reduced as less human involvement is required,
  >  provides versatility and accuracy, you can assign multiple rates for the single Item.



Benchmark Report featuring Resource Production Rates
(Click on image to view full size)

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Cost Codes Export to Excel
 
What they do:

Cost Codes are widely used to allow integration between the estimating and the accounting business functions.  Benchmark now facilitates the exporting of Cost Codes to Microsoft Excel, which provides users with more flexible integration with their other business systems. 

The Cost Code feature in Benchmark is very flexible; they can be set up in your libraries, or they can be assigned on a project by project basis.  The one Cost Code can be assigned to an entire Section of a Project, a single Item or group of Items within a project, or at the Resource level of a project.  This gives you ultimate flexibility to suit your business practices.


Benchmark's simple menu option for assigning Cost Codes

 

Benefits:
  >  save time interfacing with other business systems, such as job costing and accounting,
  >  there is less chance of budgeting errors,
  >  therefore more accurate estimating and maximum profits.
 



Microsoft Excel (.xls) file
Download an example Cost Code export to Excel

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Follow Up

 

What they do:
The Follow Up function in Benchmark allows users to set follow-up dates for either their clients or the estimates in their system.  These help users track down and close more opportunities as they arise, and act as reminders to pursue leads in a timely and therefore more effective manner.
 
  Benefits:
The Follow Up feature has undergone some changes that are aimed at making it more user friendly.  Follow Up totals, totals by Region, and Disable Daily Follow Up are some of the changes aimed at improving this Benchmark feature.

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