CIF Member Focus: J. Vaughan Get Ready for Growth with New Award-Winning Accounting and Job Costing System

Long-standing CIF member J. Vaughan Electrical Contractors Ltd have recently made the switch to Evolution M, a construction specific financial management and job costing software solution from providers Integrity Software.

Established for more than 40 years, J. Vaughan Electrical Contractors Ltd are a mid-size electrical contracting and engineering company based in Blanchardstown, with several projects in the medical / health, commercial, residential, state and heritage sectors. Past projects include the Google EMEA Headquarters, Ryanair Head Offices and they are currently carrying out the electrical installation at the EXO building, Dublin’s highest office building.

Vaughan’s had outgrown their previous generic accounting system, which they had used without any integrated Job Costing or specific construction industry modules for Plant Management and Subcontractors. This made the directors and management team recognise the need for a fully integrated system in order to achieve their plans for growth.

Paul Vaughan, Finance Director with J Vaughan Electrical explained: “We were using a generic accounts system that was becoming increasingly unable to handle the complexities of contract accounting with a compensating reliance on spreadsheets that lacked accuracy and completeness.”

“It was important for the business that a new system was user friendly, as it would be used by various different departments and team members to consolidate project cost information and enable real time reporting”.

After an evaluation process involving several suppliers, they decided to choose Evolution M, a single source multi-award-winning system, in order to help them reduce admin and data checking, along with streamlining their processes for Procurement and Subcontractor RCT processing.

The company is very excited about the investment in Evolution M and Paul is confident it will lead to significant efficiencies in the back office, providing real time contract costing information to the team to proactively manage contracts.

“Often in the past we relied on spreadsheets – they took a long time to produce and when the information was finally available it was often too late to identify contract spend overruns.”

“We are confident that a lot of time will be saved and management can have true confidence in the accuracy, completeness and timeliness of information that our new system produces.”

The company was looking for much more than just a contract costing system. It believes the fully integrated nature of Evolution M with a full suite of financial modules, the fact it is linked directly to ROS for RCT and payroll administration and the non-costing modules like procurement, works order and plant management will radically improve business processes throughout the whole business.

Paul Vaughan summed up his feelings: “We have reached a level of activity that we could no longer continue to operate with our fingers crossed. We spent a long time looking at other systems and believe we have found the system that gives us timely and robust management information that we need and provides the opportunity to streamline our business processes, improve productivity and enable the company to continue on an upward trajectory.”

Paul Corbet, Senior Account Manager for Integrity Software, said: “We are very proud to have another top Irish contractor using our software and services, as more and more companies recognise the importance of accurate job costing management. We all look forward to working very closely with the team at J. Vaughan into the future and for many years to come.”

 

If you would like to know more about Evolution M, including organising a complimentary on-site demonstration of this powerful software, please contact Integrity Software.

Call  (01) 9061444 or email construction@integrity-software.net

Facebook
Facebook
Google+
Google+
https://cif.ie/2019/08/20/cif-member-focus-j-vaughan-get-ready-for-growth-with-new-award-winning-accounting-and-job-costing-system">
LinkedIn