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Project management is no joke, especially if you are in the real estate business. Lucky for you, this is the Digital Age, which means there are software products that can help you keep track of your projects. A good example is Sage Timberline: This software is designed by the same manufacturers of the famous Sage Software CRM. Sage Timberline is classified as a type of financial software, which many industries use to monitor the lifecycle of their projects. Here are the few things that the real estate industry can gain from Sage Timberline. The first is the feature known as Sage Timberline Estimating: This allows companies to know if their projects are feasible or not. The feature basically computes the overall cost of the construction, and notifies you if the end product is profitable. The most notable thing about this feature is its ability to forecast earnings. The second deals with the software’s accounting features: Its general ledger is very friendly to customization; thus, you can easily add figures and new sheets. Regarding computations, all you have to do is input the correct data, and the software would solve the numbers for you. The accounting of Sage Timberline basically helps real estate come up with neat bookkeeping reports, which allows them to be successful at bootstrap financing. The third deals with the contact management feature: Sage Timberline has address books which allows real estate developers to keep track of suppliers and clients. Regarding suppliers, their cost of materials can also be recorded by this software. Additionally, not only the contact information of clients is recorded. Sage Timberline takes note of client preferences, which makes things easier for your real estate agents. Fourth, this software can easily be synchronized with handheld gadgets, such as Palm Pilots. You and your agents can access inventories and purchasing records, regardless of the destination. This is very important since real estate is field work; you cannot waste a client’s time or that would lead to sales loss. Fifth, Sage Timberline is very useful in recording all construction happenings, such as supply deliveries and employee attendance. This software basically helps real estate developers to finish their projects on time. Sage Timberline has an alert feature which reminds you of delivery dates and client and investor installment deadlines. Finally, Sage Timberline helps real estate developers keep track of their cash flow. This product has a money management feature which records all investments and expenses. The feature also project bank balances, which prevents you from overspending or paying late.
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