Benchmark’s Libraries save you re-inventing the
wheel and improve your estimate consistency and
accuracy. These libraries also capture the
knowledge of your senior people and enable this
knowledge to be shared
within your business. The Libraries
available in LITE include Resources, Items, Routines,
Clients, Subcontractors/Suppliers, and Standard and Special
Conditions.
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Your Direct Costs for an estimate are the
Resources (Plant, Labour, Material, Subcontract)
used in your project. You can add
Resources from your Resource Library into an
estimate, or create new Resources within an
estimate. You can also add Items (which
are collections of Resources, and sometimes
known as Activities or Recipes) from your Item
Library into your estimate, create Items from
first principles within an estimate, or copy and
paste between estimates. Benchmark
contains an enormous amount of flexibility and
functionality to build up your direct costs for
a project; other features in LITE such as the
Item and Resource Calculator features and
Allocate are all designed to help you estimate
the Direct Costs of your project quickly and
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Routines are a powerful way of estimating an
entire Project or an individual Item by simply
answering questions about the Project or Item
respectively. Benchmark's Routines feature is fast and easy to use
and will also increase consistency in your
business. When you run your Routine,
Benchmark allocates the appropriate Labour,
Plant, Material and Subcontract resources
required based on your answers to the Routine
questions. Routines are ideal for anything from
day-to-day quotes, strategic and concept
estimates, and can also be used to bid items in
larger projects.
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Import a client’s schedule of items from Excel
to save time; no retyping
of data and no chance of embarrassing errors.
Save your bid rates back into the same
spreadsheet automatically.
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All of your estimates and libraries are stored
in a central data file for maximum efficiencies
in your estimating and business processes.
There is a powerful Project
Browser screen which lists all of your estimates
in your data file, and allows you to quickly
find your previous estimates. Benchmark's central data file also facilitates
better
interfacing with your other business information
systems.
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Benchmark allows you to allocate your Profit and
Indirect Costs (Overheads and
Contingencies) quickly and easily and with a lot
of flexibility. For your Profit you can
apply a different % Markup on your Labour,
Plant, Material and Subcontract components of
your job. There are also % and $ allowances
able to be entered for your Indirect Costs,
including Contingencies (Risks) and Overheads
like Supervision and Wet Weather. You can
also add Items or Resources to "Overhead
Sections" for things like Site Overheads or
Mobilisation/Demobilisation; these Overhead
Sections are not displayed on your quote to your
client and are spread across your Direct Cost
items. In Benchmark's powerful Spread
screen you can control the spread of your
Profit and Indirect costs over your Direct Costs,
on an item by item basis.
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Over 50 reports to save you time and save
retyping of data. Reports available in
LITE include standard Quotations
with and without tax, Quote with Options, Schedule of Rates reports,
Estimate Summary,
Bill of Quantities, Bill of Materials, many
Resource usage reports and Overhead reports. Using
Benchmark’s reporting will improve the
effectiveness of your estimate review processes,
and the transfer of information to your site
staff for improved project management and
maximum profits.
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Update previous, completed estimates with current prices
from your Resource Library in seconds. Cost
Check is a powerful feature that will save you
hours of time and is ideal if you ever need to
give a client an updated estimate. |
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