4castplus Blog

4castplus Blog

16 16, 2018

4castplus in Action: Multiple Divisions Under One Roof

By John Jeffrey | August 16, 2018 | Categories: Construction Cost Tracking, Construction project software, construction project tracking software, engineering procurement construction management so, project controls software, project cost management, project cost management software, Real-time project cost tracking, software technology, cost management software, project management cost control, project cost management solution, project cost tracking software, information management, construction project cost control, construction cost tracking for energy projects, financial reporting, spreadsheet issues, financial cost reporting, Secure Energy Services, case study, testimonial, calgary business | 0 Comments

A few months ago, the team at SECURE Energy Services approached us at 4castplus with a situational challenge that they needed to have resolved. The problem they were experiencing, was that the multiple business divisions using 4castplus as their core operational solution, were deployed into separate 4castplus accounts. While each division was happy with the software and its value to their business unit, this approach introduced some corporate-level challenges.

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20 20, 2018

Spreadsheets for Cost Management are a Lot of Work for Little Return

By Charlie Rose | May 20, 2018 | Categories: Construction Cost Tracking, Construction project software, construction project tracking software, engineering procurement construction management so, Project Accounting, project accounting software, project controls software, project cost controls software, project cost management, project cost management software, Real-time project cost tracking, software for epcm, software technology, Where Spreadsheets Breakdown, cost tracking software, construction cost tracking software, cost management software, project management cost control, project cost management solution, project cost tracking software, information management, construction project cost control, software procurement management, online procurement management software, construction job costing software, construction cost tracking for energy projects, Excel, financial reporting, spreadsheet issues, financial cost reporting, Wall Street Journal | 0 Comments

"Excel just wasn’t designed to do some of the heavy lifting that companies need to do in finance.” So says Paul Hammerman, a business applications analyst at Forrester Research Inc. Despite that generally accepted fact, spreadsheets continue to be widely used as the default tool of choice for managing the finances of construction projects large and small. Most individuals that find themselves in this situation however, would enthusiastically agree that the use of spreadsheets for this level of complexity requires a ridiculous amount of meaningless effort for very little return. Far too much effort is put into getting the data into the spreadsheet – and all the formulas straightened out – that little time is actually spent analyzing that data.

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