Maximise Efficiency and Profitability: Solve Manufacturing and Joinery Challenges with Shopfitting Software
The Problem
The Solution
Key Features
Real-time Inventory Tracking
Project Scheduling and Resource Allocation
Compliance + Safety Tools
Nexvia has all the tools you need to deliver effective shopfitting projects
- Real-Time Budget Tracking: Easily monitor project expenses in real-time, track costs against the budget and take immediate action to manage costs effectively
- Accurate Estimation Capabilities: Create precise and detailed cost projections, ensuring estimated costs align with actual expenses, for accurate billing and cost consistency
- Comprehensive Project Management: Streamline projects by automating and scheduling tasks, allocating resources efficiently, monitoring progress and collaborating with stakeholders on one platform
- Document Management: Centralise project-related documents, promoting transparency and accountability by providing easy access to contracts, change orders and invoices
- Collaboration and Communication: Facilitate seamless collaboration among project teams, clients and subcontractors to enable effective coordination, information sharing, issue resolution and better decision-making
- Reporting and Analytics: Gain valuable insights into project performance, costs and profitability through reporting and analytics capabilities to empower data-driven decision-making for optimised cost management
Track manage and share information seamlessly and efficiently
Effective cost-plus contracts rely on trust and detail. By providing a secure and transparent platform to track, manage and share information, Nexvia’s construction management software tools can ensure you do so seamlessly and efficiently.
- Increased transparency with clients: Nexvia improves transparency by providing clients with real-time access to project data, including cost breakdowns, progress updates and documentation. This transparency builds trust, enhances client relationships and ensures open communication throughout the project
- Better cost control: Nexvia enables precise budget tracking, allowing project managers to monitor costs in real-time, identify potential cost overruns and take proactive measures to control expenses. This level of cost control reduces unwanted surprises and ensures projects stay within budget
- Risk mitigation: Nexvia empowers project managers to easily identify potential areas of concern. The software’s comprehensive project management features, such as task scheduling, resource allocation and progress monitoring, mean project managers can spot risks early and take proactive steps to avoid costly delays and disruption
- Improved Profitability: By providing accurate cost estimation, real-time budget tracking, and efficient cost control, Nexvia helps project managers optimise their resources, minimise cost overruns and make informed decisions that positively impact the project’s bottom line.
Let's explore the use of a cost-plus contract in a hypothetical interior fit-out project.
A large retail group approaches XYZ Interior Fit Out – a company they often partner with – to convert an unused warehouse into a designer retail store. As XYZ Interior Fit Out uses Nexvia they are happy to sign a cost-plus contract. The successful implementation of the software means they know they can provide the transparency and detail required to execute this type of agreement successfully.
Using Nexvia, XYZ Interior Fit Out generates a detailed estimate for the client, supported by a schedule of values based on formerly obtained subcontractor quotes. As per the contract, whenever costs deviate from the original estimate – for example materials or labour – the difference is covered by the client. In the case of change orders, both parties sign-off and agree to amend the original contract. No disputes arise because the client has had real-time access to project updates, cost breakdowns and progress reports via Nexvia’s client portal. The transparent and collaborative approach fostered by Nexvia means both parties are always on the same page regarding task allocation, resource coordination, timelines and budgets.
Nexvia’s cost controls and project management tools have ensured the project is profitable and completed on time. Happy with the project’s seamless execution, the client makes the final payments to XYZ Interior Fit Out, and looks forward to continuing the partnership.
Harness Nexvia's technology-driven solutions
For interior fitout companies looking to navigate the challenges of rising construction costs and market fluctuations, cost-plus agreements present a viable option. However, it’s crucial to understand that successful execution relies on good faith and robust construction management software capable of ensuring transparency and effective cost control.
Nexvia’s construction management software provides a comprehensive solution to address these challenges, empowering businesses with improved transparency, cost control and risk mitigation capabilities. By harnessing Nexvia’s technology-driven solutions, interior fitout companies can confidently undertake cost-plus contracts, delivering successful projects while fostering trust with clients for long-term gains.
To experience the full benefits of Nexvia, don’t hesitate to get in touch with our sales team or request a demo today.
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