Software Selections

‍Selecting the right Construction Financial Software is a critical step that can significantly enhance your company's efficiency and profitability. At RedHammer, we offer a structured and comprehensive software selection process designed to align with Your Company's Long-Term Strategic Goals.

RedHammer's Software Selection Approach

Assess Your Team’s Capabilities

Assess your team’s skills, availability, and capacity for software implementation. Identify gaps in areas like chart of accounts and cost codes. RedHammer fills those gaps to align the software with your business vision.

Gather and Document Requirements

Outline technical and functional needs by focusing on People, Process, and Technology. RedHammer helps create comprehensive documentation to select software that supports current operations and future growth, ensuring alignment with long-term business objectives.

Clean Up Your Financial Data

Perform a thorough cleanup and reconciliation of financial data. Focus on master data like customers, vendors, and jobs to ensure accuracy, setting a solid foundation for a smooth software implementation and reliable financial management.

Hiring an Implementation Specialist

Use RedHammer as your implementation specialist. We guide you through vendor demos, proof-of-concepts, and final solution validation, minimizing risks and ensuring the software aligns perfectly with your business requirements and processes.

Ensure Scalability and Integration

Choose scalable software that integrates smoothly with existing systems. We evaluate each option's ability to support complex workflows and large datasets, ensuring it adapts to your growing business needs without requiring a complete overhaul.

Prioritize Functionality and Reporting

Select software with essential features like job costing, AIA billing, and WIP reporting. RedHammer helps you avoid unnecessary complexities, ensuring the software delivers robust reporting capabilities tailored to your construction business operations.

I actually understand and use my financials now… [and] the reports are on time, which makes my banker happy. Things are under control!

// Specialty Contractor, $5M in revenues

We have definitely earned back our fee in implementing their recommendations… and we recommend Redhammer to any construction company who wants to take their business to another level

// Specialty Contractor, $7M in revenues

RedHammer took the time to understand our business. They have helped us to see the big picture and keep us on track.

// General Contractor, $3M in revenues

We have learned a lot about our business and now feel comfortable with our financials. [RedHammer] brought a high level of professionalism to our business.

// General Contractor, $20M in revenues

RedHammer is a true business partner for us. They work with us on a one-to-one basis… I trust these guys completely!

// Specialty Contractor, $12M in revenues

Going with RedHammer is a no-brainer. We are getting our financials on time, and we get weekly job cost information. We never had this before, and we are saving money.

// Specialty Contractor, $1.5M in revenues

You guys are like my best subcontractor--I can focus more on the opportunities now and even have a better idea of how fast we can move and the risks we can take.

// Real Estate Developer $15M in revenues

What is RedHammer's Software Selection Process?

Discovery Phase

We assess your current IT software and infrastructure, document key functional areas, and review future organizational goals. This comprehensive evaluation identifies how each element affects software requirements, ensuring the new solution aligns with strategic objectives.

Defining Project Objectives

We collaborate with key executives to establish clear project objectives and identify constraints related to technology, people, and processes. This step ensures that the software selection process aligns with your company's vision, timeline, and operational needs.

Functional & Tech Discovery

Our team reviews your existing business processes, master data, and software infrastructure. We identify gaps and areas for improvement, focusing on how the new software can streamline operations and address pain points effectively.

Vendor Selection

We assist in identifying the most suitable software vendors, crafting proof-of-concept scenarios, and developing evaluation scorecards. We actively participate in vendor demos, helping you assess functional fit, technology capabilities, vendor support, and overall cost efficiency.

Negotiation & Final Selection

We thoroughly review contracts, negotiate favorable terms, and guide the final software selection. Using detailed scorecard evaluations, we ensure the chosen solution delivers the best value and aligns with your company's specific requirements and budget.

Software Selections

RedHammer's Software Selection Approach

Assess Your Team’s Capabilities

Gather and Document Requirements

Clean Up Your Financial Data

Hiring an Implementation Specialist

Ensure Scalability and Integration

Prioritize Functionality and Reporting

What is RedHammer's Software Selection Process?

Discovery Phase

Defining Project Objectives

Functional & Tech Discovery

Vendor Selection

Negotiation & Final Selection

5 Reasons to Choose RedHammer for your System Selection?

Are You Ready to Select the Right Construction Software?

Check Out RedHammer's Related Blogs

Accounts Payable Automation Software for the Construction Industry: A Comprehensive Guide

The Pitfalls of a Bad Software Implementation: How to Avoid These 10 Common Mistakes

A Comprehensive Guide to Construction Software Selections & Implementations

Choosing Between Cloud and Hosted Construction Financial Software: Key Differences and What You Need to Know

Maximizing Efficiency with the Right Construction Management Software: A Complete Guide for Contractors

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