With numerous estimation software programs running amok in the market, choosing the right one might be a tedious task. Moreover, making an accurate construction cost estimation can be difficult and time consuming when working on a large project. A large number of materials can also complicate the details of an estimate because of all the inputs and formulas involved. The construction estimating software reduces errors and accounts for industry standards and updated information. With construction bid and estimation software, construction professionals can efficiently track costs and manage the budget of a job both before and during the lifecycle of a project. This type of software typically features an intuitive interface, a database for all estimates, a standardized estimating process, a search tool, document storage, at-a-glance estimation summaries, and digital takeoff capabilities. Construction estimation software does overlap in proposal creation and cost comparison functionalities with bid management software whereas, bid management software ends at the management of bids and tenders, construction estimating software continues the takeoff and cost management process.
Construction estimation software is important because of competitive-bids that help project managers win bids while also meeting expectations in the construction industry and maintaining their firm’s reputation. To help organizations and leaders select the top-notch construction bid and estimation solutions available in the market, Construction Business Review has assessed and shortlisted Bid and Estimation Solution Providers that are at the forefront of providing cutting-edge technology solutions. These companies offer holistic solutions coupled with innovative strategies that are distinctively prominent in the field. We present to you “Top 10 Bid and Estimation Solution Providers - 2020.”