Solution for building a profitable construction business
Construction group companies and large contractors managing construction or infrastructure projects will benefit from MYOB Advanced integrated with Workbench.
Whether there’s a property boom or investment and growth is stagnant, to survive in the construction industry, you need to employ best practice approaches on and off the tools. Producing high-quality built projects that turn a healthy profit depends on both project management skill and company-wide business systems.
Combining MYOB Advanced and Workbench gives construction contract businesses a winning edge:
Manage and course-correct projects with greater ease
Generate estimates and accurately track and manage your costs
Maximise the use of resources, tools and equipment across multiple jobs
Simplify company-wide accounting, invoicing, tax, and banking
Understand and improve overall performance and profitability
Consolidate information across multiple entities and ABN’s with ease
We can help you excel by implementing MYOB Advanced integrated with Workbench.
Control of projects + consolidated view of your company
Built specifically for project-based businesses, the Workbench application can be quickly connected to MYOB Advanced for truly comprehensive business and financial management.
That way, project-specific data feeds into your enterprise-wide dataset, automatically.
An integrated, end-to-end solution benefits your construction business through:
Centralised and current information about people, projects, processes, and finances
Visibility and control of activities across multiple ABNs, sites, and geographic locations
Smoother workflows, fewer information silos, and improved customer experience
High-level reporting and real-time metrics to guide decision-making and growth plans
A clearer picture of expenses and project margins, and insights for more accurate job profitability
Increased working capital to invest in new projects through careful management of forecast cost to complete
Strong operational workflow for management of contractors
Outlast market lows with superior systems
Running a successful construction or contracting business requires coordinating a lot of moving parts and standing out in a market where demand can fluctuate significantly.
Whether you provide construction services in the property market, on public works jobs, or for private infrastructure projects such as in the mining sector—work can slow-down or ramp-up quickly depending on the prevailing economic conditions.
You need a scalable system that offers ‘big picture’ clarity, plus functionality to refine project management right down to the finest detail. MYOB Advanced and Workbench is the right match.
Workbench makes it easy to:
Capture documents, contracts, and records related to every job including mobile tools
Forecast costs and timing, monitor execution and make changes to improve cash flow
Manage payments to sub-contractors
Manage scope changes and variations
Track actuals versus budgets, and costings for projects and multiple sub-jobs
Optimise the use and maintenance of equipment and track operating costs
Provide sub-contract management
Get in touch
If managing projects well while achieving business growth is important to you, then work with us to implement MYOB Advanced and Workbench.
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