New user-friendly enhancements to Corecon V7 include a workflow engine for approving financial transactions, cost tracking for changes, inbound emails and a unit price contract dashboard
Huntington Beach, Calif., July 31, 2013 – Corecon Technologies announces updates to Corecon V7—a web-based estimating and project management software suite. The new enhancements provide Corecon V7 subscribers even more sophisticated tools to effectively manage their construction projects.
Corecon V7 is a complete construction software suite for general contractors, builders, developers, engineering and professional service firms. This project-based solution provides visibility into every facet of a firm’s operations with modules for business development, estimating, bid management, contract administration, procurement, time tracking, document control, correspondence and scheduling.
Corecon streamlines project collaboration through Corecon’s TeamLink Portal which provides team members with access to pertinent project information in Corecon V7 on an as needed basis. In addition, CoreconLink utilities integrates Corecon V7 with popular productivity software such as Microsoft Office, Intuit QuickBooks, Sage 50 or SAP Business One.
The new features in Corecon V7 include:
- Approval Workflow on Financial Transactions
With this update, Corecon V7 subscribers eliminate multiple emails by relying on a single system to track the approval of financial documents such as: POs, bills, contracts, change orders and progress Invoices. This enhancement improves control over project costs by providing a direct means for approvals and an automated alert notification for documents that are approved or pending approval.
- Time Approval Workflow
Time tracking in Corecon allows project managers, financial administrators and certain users in custom roles to approve work time. With the introduction of this new feature, users can choose to allow only the direct managers to approve time for their workers without having to search through employees they do not manage.
- Tracking Actual Costs for Change Orders
Corecon V7 users have always had the ability to track, manage and invoice changes orders. With this latest release, they can also track actual costs and create reports for change orders to provide more accurate job cost reporting.
- Billing Change Orders on Unit Price Contracts and new Unit Price Dashboard
Corecon V7 supports fixed lump sum, cost plus and unit price contracts. With this update, change orders can now be billed for unit price contracts in addition to the original contract items. A new unit price dashboard has also been developed to analyze placed quantities, costs and billings giving project staff complete clarity on project financials.
- Equipment Timecards
Contractors that track equipment will benefit from this update. Until now, time entries would be entered individually for each piece of equipment. With this upgrade, Corecon’s new timecard form streamlines the process by providing the ability to simultaneously enter time for multiple pieces of equipment.
- Email Features
Outbound emails from Corecon can now be tracked to determine receipt. The new email Inbox feature in the Correspondence module provides each user with a Corecon auto generated email address that will be used on outbound emails. If the recipient responds by clicking the “Reply” option in their email client (i.e. Outlook, Gmail etc.) and does not use the Corecon TeamLink Portal, the email will automatically appear in their Inbox folder. Correspondence initiated by an external project team member that is sent to a Corecon email address will also appear in the appropriate user’s Corecon inbox.
“We are constantly looking for new methods to make Corecon V7 a more comprehensive and efficient solution for managing construction projects,” says Norman J. Wendl, president of Corecon Technologies, Inc. “The new Corecon V7 enhancements such as workflow and inbound email will help construction professionals effectively manage their projects on-time and on-budget.”
About Corecon Technologies
Corecon Technologies provides project management software solutions for general contractors, subcontractors, homebuilders, remodelers, developers, engineering and professional service firms. Corecon’s flagship product, Corecon V7, has been recognized as one of Constructech Magazine’s Top Residential and Commercial Products in 2013 and the firm has been named Constructech’s Hottest Companies and Companies to Watch in the past years. Based in Huntington Beach, Calif., the company was founded more than a decade ago by construction industry experts who seek to design software that provides cost-effective, user-friendly tools to ensure successful project delivery. For more information about Corecon Technologies and Corecon V7, visit www.corecon.com or call toll free at 1-866-258-6698.