June 25, 2024 — Caravel is thrilled to announce their formal partnership with InteriorWorx, a Construction company specializing in both residential and commercial projects. InteriorWorx is backed by Ridgeview Capital and has an internal focus on NetSuite optimization for construction organizations.
Together, the Caravel and InteriorWorx teams have developed an upgraded Construction for NetSuite solution, which has been meticulously crafted to empower Construction-based organizations with enhanced functionalities, streamlined processes and unparalleled efficiency.
Key Features
- Project Cost Detail – Our intuitive interface makes it simple to input project details, including labor, materials, and equipment costs, and automatically generates a comprehensive Schedule of Values tailored to your project specifications. Stay organized and informed with real-time updates, ensuring transparency and accountability at every stage of your construction project.
- Schedule of Values and Billing Management – With the enhanced SuiteBundle, the Schedule of Values is not only created with a single click, but allows users to track progress, manage budget allocations, and ensure accurate invoicing with just a few clicks. The Schedule of Values feeds the AIA-formatted invoice and includes retention calculations where required.
- Change Order Management – The upgraded Change Order function is inclusive of an enhanced UI for change order creation, approval and overall management at the project level. Our intuitive interface allows you to document changes, track associated costs, and communicate updates in real-time, keeping everyone on the same page.
- Retention Release – Our SuiteBundle expedites the retention release process, allowing project / contract managers to release retention invoices with a single click of a button.
- Advanced Reporting – The optimized solution elevates the action of construction-based reporting with our comprehensive WIP (Work in Progress) and Budget Comparison reporting. These reports are design to provide project stakeholders with real-time insights into how the construction project is being managed.
About Caravel
Caravel has served more than 750 clients over the past decade, providing a comprehensive range of services, including accounting, strategy, business processes and technology selection. Our commitment to excellence drives us to continually improve and refine our approach, helping our clients solve complex problems with modern tools.
Caravel is proud to be a part of the technology services group of BPM LLP, a top 40 accounting and advisory firm. With our team by your side, you can unlock your business’s true potential and drive success in an ever-evolving marketplace.
