Seamless financial management
for contractors
RedTeam Flex and Sage 100 Contractor: out-of-the-box financial management integration for contractors
Get easy access to financial and project information, with the RedTeam Flex and Sage 100 Contractor integration for small to mid-sized contractors
The RedTeam Flex and Sage 100 Contractor integration helps contractors manage their business operations more effectively. Directly connect project and accounting teams with real-time financial information from preconstruction through project closeout, streamline contracting and disbursement authorization workflows and reduce duplicate work.
Reduce risk, control cost and increase predictability with the construction management solution, RedTeam Flex
RedTeam Flex is a highly customizable construction management solution trusted by many construction professionals. Designed to help mid- to enterprise-level general contractors manage their construction projects from start to finish:
- Share detailed financial reports at the project and company level in real time
- Improve overall administration, estimating and bid solicitation
- Maximize collaboration, performance and productivity with the back-office team
- Manage and annotate drawing files
Construction financial management with RedTeam Flex
Financial management
Employee time recording
RedTeam Flex offers each employee the ability to capture their time as overhead or for a specific project scope, regardless of whether they are working on a web or mobile device.
AIA-Style progress and cost-plus billing
You can produce detailed AIA-style billing as progress billing or cost-plus billing. Send documents to clients for approval and track payments received.
Paperless invoice validation and approvals
Go 100% paperless and validate vendor invoices against the commitment schedule of values and credentials like Certificates of Insurance as part of your internal invoice approval process digitally in RedTeam Flex.
Bid management
Request bids
Solicit quotes from vendors and set qualifications based on insurance requirements, locations, levels of experience and more, using RedTeam Flex’s Estimating functionality. Use bid-leveling to compare vendor quotes side-by-side to easily select the best bid.
Build your estimates
Select cost codes and assemblies to build out your cost estimate. Add supplemental markups for pass-through costs such as insurance or bond premiums and pricing markups for overhead and fees.
Interactions for business development
Within RedTeam Flex, you can track your interactions for potential upcoming projects. Once you’re ready, convert opportunities to prepare a bid. Record all related events and access your team’s experience with the account to build a stronger customer relationship over time.
Manage unlimited opportunities
Compare your competitive score with peer contractors. Use the opportunity management reporting tool in RedTeam Flex to be more aggressive with any upcoming opportunities.
Workflow management
Collaborative submittal process
Request submittals; create and send submittal packages for review; manage revisions and notify vendors of review status. The history of each step is saved.
Easily manage and track change orders
Access key change logs with one click. Manage vendor quotes, create a cost estimate and issue or negotiate a change proposal in minutes. Change orders can be quickly created, sent and authorized. All change history is stored.
Gantt scheduling tool
You can import files with Microsoft Project as well as create a Gantt schedule manually in RedTeam Flex. As you update and publish your Gantt schedule, the information is instantly available on your mobile devices and in the Planroom.
Reporting
“Live” WIP reports
All financial information from your projects is readily available to you and your team in real time. Each project has its own detailed budget, controls and reporting. RedTeam Flex generates a live work-in-progress (WIP) report giving you complete visibility into your organization’s financial health.
Construction reporting
Detailed reporting and filtering options give RedTeam Flex users extensive data at their fingertips—from pulling financial reports to accessing RFI logs and owner reports with one click.
Progress reporting
RedTeam Flex helps you connect Gantt milestones and progress reporting updates to determine percentage complete for each schedule of values line item, allowing you to determine billing percentages.
Tracking of all metadata
RedTeam Flex tracks when a report is sent, opened, clicked, printed or responded to. Collaborators have visibility into document history via the collaborative console and your internal team has access to the metadata log for added transparency.
Analytics
Whether you track the number of vendors bidding on your project or determine where submittals are in the process, RedTeam Flex’s analytics will keep you updated in real time. View critical commitments, change orders, RFIs and more on your dashboard for key project analytics in one location.
How RedTeam Flex and Sage 100 Contractor work together
The different transaction types explained
Setup
Enter a Sage Job ID into RedTeam Flex to link new RedTeam Flex Projects to Sage 100 Contractor. Once linked, RedTeam Flex will insert all new customers, vendors, project cost codes and project cost categories into Sage 100 Contractor as required. Project phases in RedTeam Flex, will be created as Extras in Sage 100 Contractor.
Vendor commitments
All vendor commitments and change orders, including item details, are sent to Sage 100 Contractor as they are executed in RedTeam Flex.
A / P transactions
Vendor invoices (including invoices submitted via TeamPlayer for RedTeam Flex) approved for disbursement in RedTeam Flex will be posted into Sage 100 Contractor. Vendor payments issued from Sage 100 Contractor will be displayed in RedTeam Flex, so your project teams will know exactly what’s been paid.
Job costs
All job costs will be synchronized with Sage 100 Contractor, so your teams have real-time access to current financial information for all of their projects within RedTeam Flex.
Configuration and Maintenance Transactions
Working Transactions
