Hard Dollar now offering hosted analytics module

Earlier this month Hard Dollar released Project Portfolio Analysis, the newest module in its estimating and job cost accounting software suite. With this setup, users will have a host of tools -- estimating and budgeting, scheduling, and project portfolio analysis,among others-- all within one program.

In a recent phone interview with ConstructionSoftwareReview.com, Hard Dollar's CEO, Doug Nicholas, outlined the company's new Web-based module designed to inform small and medium-sized construction firm executives and managers about current projects. The new service, Project Portfolio Analytics, is a departure from SQL Server-based database analysis tools, but it will allow users to view more than 20 analytics, in a customizable format, without taking away resources from accounting and back-office operations.

"We noticed some of the market doesn't want to deal with SQL," Nicholas said. "However, they don't use database administrators, but have data 50-100GB range, so there needs to be someone monitoring it."

Once users sign up for Project Portfolio Analytics, all they need is a web browser to receive the following resources:

  • cost item details
  • forecast cost, cost per unit of measure and cost breakdown analysis
  • man and equipment hours, man hour details, production hours per unit of measure, and work hours
  • price breakdown
  • productivity and performance, revenue and profit
  • actual vs. planned vs. forecast man-hour and equipment hour details and costs

There are even more metrics intended for executives, such as a backlog and pipeline analytic and a maximizing profit margins tool. For more information on Project Portfolio Analytics, or just the company in general, hop on over to the Hard Dollar Web site.

Hard Dollar recently announced its first customer for its hosted offering. There's more information in this Hard Dollar press release.