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Benchmark Estimating Software

Benchmark Estimating Software

Overview

What is Benchmark Estimating Software?

Benchmark Estimating in Redfern offers an Estimating Software package that aims to streamline and simplify estimating processes, and improve the consistency and accuracy of pricing. It is used globally for project types including Asphalt, Civil Construction, Construction, Facilities Maintenance, Landscaping,…

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Benchmark is a comprehensive estimating software that has been widely used in the construction industry for various purposes. Users have …
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Pricing

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What is Benchmark Estimating Software?

Benchmark Estimating in Redfern offers an Estimating Software package that aims to streamline and simplify estimating processes, and improve the consistency and accuracy of pricing. It is used globally for project types including Asphalt, Civil Construction, Construction, Facilities Maintenance,…

Entry-level set up fee?

  • Setup fee optional

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Benchmark Estimating Software?

Benchmark Estimating Software is a construction estimating software boasting over 3,000 users in different industries and in more than 20 countries featuring the ability to apply different methods of estimating depending on the type of Project the user is pricing, and based on industry.


The software is designed to be easy-to-use but powerful enough to support a wide variety of use cases, starting with a customisable welcome screen to manage estimating and provide access to market share data from within one screen. Users can drag-and-drop into an item or routine, and customize drop down fields to display needed information, as well as link resources (e.g. project documents) to the interface via hyperlink. Reports can be generated in the software and exported to Office, or a .pdf file.


The estimating tool supports multiple currencies and allows the user to adjust exchange rates across a bid, as well as maintain supplier price lists from all countries in the database. Designed for authorities responsible for delivering large or complex capital works projects and/or programmes, the solution uses three point estimating techniques and Monte-Carlo simulation to provide users a clearer and more accurate picture of the potential price variation for capital projects.


The tool also includes a number of convenience features, such as its Auto Allocate function that enables users to find the closest matching items by comparing the descriptions of the items in the project and automatically pricing the Items to either a 100% or most suitable match. Items can be broken down by sub items; ideal for crews, assemblies or breaking down items into more detail, enabling users to produce more detailed estimates.


For pricing large Projects with many sites and where there is a similar operation at each site, the tools Power Routines can potentially save hours. Power Routines automate these types of estimates for the users. Library based, Benchmark Estimating is designed to prevent the user re-inventing the wheel, to save time and ensure users don’t leave important costs out of an estimate. Resource requirements are worked out by the software, not the user, so users have flexibility to tailor the Item to suit the Project.


Founded in 1996, Benchmark Estimating Software is headquartered in Australia with an office in the UK. It is privately owned, and part of the MacDonald group of companies.


Benchmark Estimating Software Features

Construction Project & Field Management Features

  • Supported: Plan distribution & viewing
  • Supported: Plan markups & sharing
  • Supported: Document sharing
  • Supported: Issue tracking & punchlists
  • Supported: Photo documentation
  • Supported: Jobsite reports
  • Supported: Collaboration & approvals
  • Supported: As-built drawings
  • Supported: Submittal design and management
  • Supported: Checklists
  • Supported: Specifications

Estimating Features

  • Supported: Takeoff tools
  • Supported: Job costing
  • Supported: Cost databases
  • Supported: Cost calculator
  • Supported: Bid creation

Reporting & Analytics Features

  • Supported: Dashboards
  • Supported: Standard reports
  • Supported: Custom reports
  • Supported: Data exportability

Additional Features

  • Supported: Multi-Currency Project Cost Estimating with Three-Point Estimating
  • Supported: Add Overheads and Contingencies (Risks) on your Project by entering % or lump sum amounts.
  • Supported: Customisable Resources Margin feature help users analyse summary margin data for particular Resources.
  • Supported: Marketing Reports and Graphs, use Revenue Driver to analyse performance by a specific parameter.

Benchmark Estimating Software Screenshots

Screenshot of Marketing DashboardScreenshot of Project BrowserScreenshot of Takeoff Sheet Template

Benchmark Estimating Software Video

Benchmark Estimating Software Product Overview

Benchmark Estimating Software Integrations

Benchmark Estimating Software Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(2)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Benchmark is a comprehensive estimating software that has been widely used in the construction industry for various purposes. Users have found it invaluable in scaling their businesses by producing estimates from previously untapped sectors, allowing them to take on new projects and expand their client base.

The quotation generator with a progress claims feature has proven to be a valuable tool for generating quotes and managing project progress. Reviewers express satisfaction with how Benchmark simplifies the process of making submissions, making it easier for them to meet deadlines and stay organized.

Users consistently highlight the user-friendly and intuitive interface of Benchmark, which makes it easy to learn and navigate. The software's functionality and strong estimating capabilities, including features like the authority matrix, empower users to create accurate estimates efficiently. Additionally, the resources library and items library are highly regarded among users as they allow for easy price updates and storage of standard jobs.

One of the key advantages of using Benchmark is its ability to save significant time while improving accuracy and consistency. Users appreciate the simplicity and speed with which they can set up and price items or resources using the Resources and Item libraries. The software also ensures a uniform approach across organizations by providing rates and workups available for all users.

Overall, Benchmark is praised for its efficiency, reliability, and versatility in meeting the needs of construction professionals. It is a fundamental tool for building businesses as it facilitates estimating, quoting, project management including progress claims, and cost tracking.

Attribute Ratings

Reviews

(1-1 of 1)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Benchmark Estimating Software for all estimates and quotes and also for project management in the construction industy. Progress claims and costs are used in Benchmark.
  • Progress Claims
  • Standard quotes
  • Retention money reminders
  • Interface with a calendar
It's easy to use. If used correctly it can make schedules/quotes very easy to work out. The Progress claim feature can improve, with reminders and an interface with calendar and retentions.
Construction Project & Field Management (1)
50%
5.0
Mobile app
50%
5.0
Estimating (4)
90%
9.0
Job costing
90%
9.0
Cost databases
90%
9.0
Cost calculator
90%
9.0
Bid creation
90%
9.0
Human Resource Management
N/A
N/A
Payroll Management
N/A
N/A
Asset Management
N/A
N/A
Reporting & Analytics
N/A
N/A
  • Benchmark has created standardisation in quotes and tenders.
  • Created standard progress claims.
Benchmark has a simpler setup than PlanSwift and was easy to understand and learn.

The support guys were always helping and sorted out issues we had very quickly.


2
Project management and estimating
1
Prior experience with the product.
  • Quotes
  • Progress claims
  • Cost tracking
  • Variations
  • Would like to use if for retention reminders and take-offs.
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