The Pros & Cons of Enterprise Estimating Software

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Overview

This white paper explores why it is important to investigate construction estimating software; what functionality should be sought after and, most importantly, how to achieve a successful implementation within the organization while delivering a good return on investment.

“Depending on your current processes, the time spent estimating a project can be cut in half with a good commercial estimating software. This would allow you to bid on more projects and take more time on the front end to make sure the projects that you are awarded come in on-time and within budget.”

Introduction

The construction estimating software industry is in flux. Large corporations have acquired estimating software development companies such as MC2, US Cost, Hard Dollar, Timberline, and WinEst; founded as far back as 1965. During these acquisitions, some of the legacy products that had gained tremendous adoption and market share over the past 40 years, have been pushed out of the market.  Legacy products that are still being sold today are undergoing much needed platform updates and the companies selling these solutions are, for now, having to sell a vision of things to come. Estimating solutions that were once most common to markets outside of the US, such as PRISM Estimating, CostX, and Cleopatra, are now gaining a foothold in the US market. And for good reason.