BEAVERTON, OR--(Marketwire - May 4, 2010) - Sage North America today announced that the Sage Construction and Real Estate product lines have been recognized as the most widely used applications for construction estimating, job costing, accounting, payroll and project management, according to the Construction Financial Management Association's (CFMA) 2010 Information Technology Survey for the Construction Industry, eighth edition.* This survey profiles the systems, software and solutions in use by construction companies including general, heavy-highway and specialty contractors.
"We're thrilled to be recognized as the overall usage share leader among respondents across the accounting, payroll and job costing; estimating; and project management software categories," said Robert Deshaies, Executive Vice President, Sage Business Solutions. "The strength of our industry solutions combined with our intimate understanding of our customers' needs enables us to be a recognized leader in the construction industry."
Accounting, Payroll and Job Costing Applications
According to the survey, Sage is the overall market leader among respondents in the accounting, payroll and job costing discipline at 29 percent market share with Sage Timberline Office representing 24 percent and Sage Master Builder representing 5 percent. Among general contractors, Sage has the highest share of the survey participant market (43 percent). Sage also strongly leads the specialty trades market segment that responded to the survey with a 27 percent share.
Estimating Applications
Sage is the leader among contractors using estimating software (19 percent) with Sage Timberline Office estimating commanding 17 percent of the respondents. Overwhelmingly, general contractors choose Sage brands for their estimating needs, totaling 35 percent.
Project Management Applications
Sage is the overall market share leader among survey participants in the project management software category at 19 percent. Among general contractors, Sage commands 29 percent of the survey base along with 18 percent of specialty trades.
For more information and to access CFMA's 2010 Information Technology Survey for the Construction Industry visit http://www.cfma.org/it_survey.
*Statistics excerpted from CFMA's 2010 Information Technology Survey for the Construction Industry, eighth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000. CFMA neither evaluated nor ranked software in terms of performance. The survey should not be construed as the advice or opinion of CFMA.
About CFMA
The Construction Financial Management Association is the only non-profit individual member organization in the world dedicated to serving the financial professional in the construction industry. Established in 1981, it serves more than 7,000 members in 89 chapters across the United States and Canada, offering an award-winning business journal, CFMA Building Profits, in addition to a variety of educational and professional development programs through its chapter network, at its Annual Conference & Exhibition, and via the Internet. Membership in CFMA provides construction financial professionals with unique opportunities for industry networking, career development, and personal growth. Visit www.cfma.org for more information.
About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs more than 4,100 people and supports nearly 3.1 million small and midsized business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,400 people and supports 6.1 million customers worldwide. For more information, please visit the Web site at www.sagenorthamerica.com.
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Press Contact:
Kara McClain
Porter Novelli for Sage
(404)995-4531
kara.mcclain@porternovelli.com