Published June 22, 2023 . 5 mins read

Our financial workflows, for example, allow you to hit the ground running with automated approaches to projected final costs, revenue forecasting, the work-in-process report, cash-flow forecasting, payment collection, and change-order requests. You can act on these insights and, in real time, see the effects filter through your reporting process.

ProNovos users have fast and easy access to our Analytics Marketplace, which is like an “app store” for the construction industry. You’ll find off-the-shelf tools for gauging project health, managing labor, analyzing billings, tracking job costs and much more.

On top of that, ProNovos lives in the cloud. That means you don’t have to install and update BI software across multiple users.

So why do contractors even want to compare the two programs?

“It’s difficult if not impossible to make timely decisions when looking in a rearview mirror,” Orr said. “Our new tool for revenue forecasting in construction gives you information that you can act on with confidence.”

Well-executed construction financial forecasting allows contractors to hit their targets by putting in place the right bonding capacity, field and office teams, and equipment and other resources. “It’s about making sure your organization is structured and set up to meet your financial objectives for the year,” said Kevin Bright, ProNovos Product Manager.

The webinar snippets below highlight different approaches to revenue forecasting in construction, and how to gain an edge with the new ProNovos tool.

Phyllis Dyer, CFO of Glendale, Arizona-based Industrial Power Solutions, notes in a case study that our mobile app is geared specifically toward field personnel, giving them just the information they need to do their jobs more effectively. “The user interface for the mobile app is super simple,” Dyer noted. “You don’t have to have training to figure it out. You download it and login. It’s pretty self-explanatory.”

In addition, the data visualizations that ProNovos automatically generates make it easier for PMs to grasp what’s happening with otherwise-tricky concepts like over- and under-billings. “They have gained a better understanding of how over- and under-billing works,” Dyer said. “They don’t have to do anything but open the dashboard. As a result, they’re focusing on it more.”

Cassie Farley, Financial Services Manager for Root Integrated Systems, praised our client service in a recent case study. “Garrett and Kevin have helped me at every step,” she said. “They have always been receptive to my questions. Even if Garrett doesn’t know the answer immediately, he will get back to me quickly to say, ‘Hey, I’m looking into this,’ which has been very helpful.”

With ProNovos, you don’t have to reinvent the wheel—or wait for a response to the support ticket you filed with a chatbot three days ago.