After a year of extensive research, Projectmates has now implemented a new module that provides Capital Improvement executives with a very robust tool to manage their project funding.
Richardson, TX (PRWEB) May 26, 2015
Systemates, Inc. is excited to announce the release of Projectmates Version 14.0. This update brings a slew of enhancements for existing modules, as well as the introduction of a brand new Capital Planning module. Many of these enhancements were taken directly from client wish lists in order to optimize their experience with Projectmates capital project management software.
Existing tools and modules have seen several improvements in order to increase their functionality and customizability. Projectmates V14.0 includes improvements in the Program Reporting, Bid Manager, Document Management, Submittals, Projectmates Mobile and much more. One noticeable improvement sure to enhance the Projectmates experience for new users is the introduction of context sensitive training videos. Projectmates University videos are now conveniently integrated into the software where users need them the most. For example, a user that doesn’t know how to enter an invoice now has access to a quick training video from the invoice page.
“Projectmates does an excellent job of managing projects once funding is approved. There are many things that happen during the design, construction, and post construction phases, and Projectmates has a ton of tried and tested tools to handle them,” said Varsha Bhave, Lead Developer of Projectmates. “However, we realized that a lot happens before the project ever begins…We realized that companies need tools to manage the constantly changing information on priorities, funding availability, as well as the scope of projects.”
Projectmates new Capital Projects Module was created in response to these needs. It provides a comprehensive set of tools to strategize and track capital projects. These tools can fully streamline the complete lifecycle of an organization’s capital program. The module manages project requests, capital projects, project ranking, planned costs by fiscal year and phase, and fund allocation. Once a capital project is implemented, commitments and actuals are also tracked and updated in the CIP in real time.
“After a year of extensive research, Projectmates has now implemented a new module that provides Capital Improvement executives with a very robust tool to manage their project funding,” said Varsha Bhave. With the Capital Planning Module, capital planners in government, K-12 education, higher education, and retail are able to reliably decide which projects get funded, gauge which projects meet the priorities of the organization, and see how funds are getting used. This results in immense benefits to their company as executives are able to make highly educated decisions backed with comprehensive data—all of which is easily accessible in Projectmates.
V14.0 is one of many future updates planned for Projectmates. To stay competitive in the ever evolving construction management industry, Systemates is dedicated towards taking user feedback and using it to continually enhance the Projectmates experience.
Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owners’ representatives with a secure, sophisticated construction project management software solution. Projectmates’ collaborative platform dramatically improves project execution, cuts costs and delays, increases accountability, and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 50,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Richardson, Texas.