KING OF PRUSSIA, PA--(Marketwire - November 2, 2010) - Maxwell Systems, Inc., a leading provider of complete construction business management software solutions, today released Maxwell Systems™ ProContractorMX™ version 2.4, which offers three new capabilities and additional enhancements. An all-in-one construction management solution, ProContractorMX provides end-to-end control from takeoff and estimating through job cost accounting and project management. The release of 2.4 offers valuable new capabilities (Invitation to Bid, Subcontract Management, and Lien Management) that enable contractors to further streamline critical processes, improve accountability, and increase profitability.
"As technology continues to advance and the needs of contractors evolve, we are focused on staying one step ahead with our software solutions," said Jim Flynn, President & CEO of Maxwell Systems. "ProContractorMX, like all of our business management products, has continually been enhanced since it was launched. We have spent significant time with our customers and received tremendous feedback. We are confident the new capabilities in version 2.4 address their needs and will be welcome additions to the software. With additional tools in the software to improve the bidding process, to simplify how general contractors can manage subcontractors and vendors, and to minimize risk and legal concerns, contractors are uniquely equipped to run their business more efficiently."
The three new capabilities in ProContractorMX 2.4 include:
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Invitation to Bid -- allows contractors to easily manage subcontractor bids and supplier quotes. Information is managed in a central location and contractors can efficiently issue invitations to bid and request updated pricing.
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Subcontract Management -- enables contractors to easily create subcontract documents and subcontract change orders, and track items including commitment of pricing, scope of work, terms and conditions, change orders, and more.
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Lien Management -- allows contractors to easily manage lien documents for vendors and customers. They can efficiently and accurately track lien notices, releases, and waivers; as well as receive alerts when a lien release is required and if subcontractor and materials supplier lien releases are not current.
ProContractorMX 2.4 also provides valuable enhancements to:
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Equipment Management -- users can track the cost of ownership, including repairs, parts, labor, and monthly depreciation for increased profitability.
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Employee Management -- provides users with new reports and modifications to W-2 processing that support New HIRE Act related changes; there is also a new Payroll Check Register report, a new Vendor Check format, and enhanced Purchasing report.
Maxwell Systems ProContractorMX is a comprehensive, all-in-one construction management software solution that includes key capabilities for takeoff; estimating; bids and proposals; management of projects, procurement, financials, employees, payroll, and equipment; and intelligent dashboards and critical reports for timely analysis of projects or the overall business. It's ideal for residential, commercial, subcontracting, specialty, heavy/highway, underground utilities, and sitework contractors.
ABOUT MAXWELL SYSTEMS
Maxwell Systems is a leading provider of complete construction business management and property management software solutions and services. Founded in 1975, Maxwell Systems is dedicated to helping its 10,000 customers streamline their estimating, job cost accounting, and project management processes and improve profitability. To deliver true end-to-end control of critical business processes, the company's product offerings include: ProContractorMX™, American Contractor™, Management Suite™, StreetSmarts®, and Estimation®. To further help customers grow their business while maximizing the return on their technology investment, Maxwell Systems provides comprehensive support and maintenance, training, and consulting. The company's headquarters are in King of Prussia, Pa., with offices in Baltimore, Md., Fort Collins, Colo., Santa Cruz, Calif., and Sarasota, Fla. More information is available at www.maxwellsystems.com.
© 2010 Maxwell Systems, Inc. All Rights Reserved. Maxwell Systems, ProContractorMX, American Contractor, and Management Suite are trademarks and Estimation and StreetSmarts are registered trademarks of Maxwell Systems, Inc. Other trademarks are property of their respective owners.
Contact Information:
Media Contacts:
Andrea Frassoni
Maxwell Systems, Inc.
800-688-8226, ext. 1240