Longhurst Group has replaced its Workbench project monitoring tool with SDS Sequel, having used SDS software to financially appraise and benchmark its housing developments since 2004.
Kate Varney, development and new business officer, Longhurst Group, said, “Sequel has reduced the time it takes to update our cash flows, and it’s very easy to manage the budgets and identify any changes to the board-approved and budget figures. All our financial appraisals are carried out in SDS ProVal and once the site has some certainty, the data is imported into SDS Sequel.
“We’re now exploring other areas of the system and using information stored in the property section to keep our housing management and sales team up to date. In turn, they are using the system to monitor sales and show variances between budget OMVs and actuals, along with the differences in first tranche sales against budget.
“One of the great benefits of the system is having all the scheme and unit information in one location. In future, we will be using the workflow section as an audit checklist and the property section to store handover and sales information for use by housing management, maintenance and the sales teams.”