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Learn How to Unlock Your Construction Company's 'Hidden Profits'
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01/16/2005
SEATTLE, February 5, 2004: Construction company owners and top managers will learn how to ?unlock hidden profits??and devise strategies to improve their bottom line?at a six-city series of executive seminars hosted by Dexter + Chaney, developer of Forefront(R) Construction Management Software. The seminars are targeted to owners, CEOs, CFOs and other company executives who want to develop a more systematic approach to managing their jobs and companies.
The half-day seminars (?Unlocking Hidden Profits: Strategies for Owners and Managers?) will showcase best practices in use by leading construction companies. Presenters at the seminar include John Chaney, Dexter + Chaney president and co-founder, and Brad Mathews, vice president of sales and marketing. Seminar attendees will learn from ?case study? examples how their construction company peers throughout the United States have improved efficiencies and added significantly to the bottom line.
DATES, LOCATIONS, REGISTRATION The half-day seminars, from 8:00 a.m. to 1 p.m. (including lunch), are scheduled for Seattle (Feb. 24), Los Angeles (Feb. 26), Chicago (Mar. 2), Philadelphia (Mar. 4), Dallas (Mar. 16) and Atlanta (Mar. 18). Registration cost is $125 per person and includes seminar materials, continental breakfast and lunch. Register online at www.dexterchaney.com/hidden_profits/ or call 1-800-875-1400 and ask to register for the Hidden Profits Seminar. Attendance is limited, so act quickly.
?We?ll share tips from our customers that help improve their companies? profitability and can make the difference between profit and loss on a job,? said Chaney. ?A typical example: one company has been able to collect literally thousands of dollars in change orders that otherwise would have gone missing. Another example: a company has reduced administrative costs as a percentage of revenue by 1.5 percent?which means $2.7 million to their bottom line.?
WHAT THEY?LL LEARN Seminar attendees will learn how to: forecast job profitability using accurate, real-time job cost data; manage the complete change process to capture more revenue; minimize financial risk associated with safety issues; manage the paper flow and approval process for vendor invoices; automate compliance for better control of claims; reduce administrative costs and eliminate redundant data entry; get employees involved in implementing improvements; and much more.
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More than 1,000 construction companies throughout the United States use Dexter + Chaney?s Forefront(R) Construction Management Software. Forefront includes 29 integrated modules that handle accounting, jobs, project management, human resources, document imaging, remote connectivity and data sharing.
Forefront placed second out of 125 software packages (ranked according to the number of construction companies using each product) in the ?2002 Information Technology Survey for the Construction Industry? by the industry group Construction Financial Management Association (CFMA). More than 2,500 total users make use of Forefront?s Document Imaging component, which addresses a typically painful problem for contracting firms: giving management, office staff and project managers the fast access they need to important documents like AP invoices, change orders, payroll timecards, contracts and others. Companies that use Forefront report they have improved profitability and have grown their businesses more than 200 percent without adding accounting staff.
For more information about Dexter + Chaney or Forefront, contact Brad Mathews, Vice President of Sales and Marketing, Dexter + Chaney, 9700 Lake City Way NE, Seattle, WA 98115-2347; phone: 800-875-1400 or 206-364-1400; fax: 206-367-9613; e-mail: [email protected]; www.dexterchaney.com.
www.dexterchaney.com Information. Now.
Statistics excerpted from CFMA?s 2002 Information Technology Survey for the Construction Industry, fourth edition, with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000. CFMA did not evaluate nor rank software in terms of performance. The number of users indicated for any particular software product is not an indication of its superiority over comparable products, rather it is only an indication of its use among respondents. The survey should not be construed as the advice or opinion of CFMA.
