FAST Land Development

With FAST Land Development you’ll control multiple purchase orders, as well as calculate partial invoicing of contracts based on percentage complete for any land development project for reliable, profit-driven results

As a homebuilder and land developer, whether you sell the land or decide to build on it, it is important for you to manage all the phases of the development process from initial land acquisition to final disposition of lots. As this process changes over time, the system adapts and develops to meet new requirements.

FAST Land Development provides you with the ability to create multiple assemblies, with related costs tracked. You can start with a preliminary budget and adjust as determined over time. Once the system is implemented, you can progress bill and print cost analysis reports at any stage of the process.

As budget changes occur, the cumulative information, including when and why changes occurred, are recorded as variances. This allows you to manage variances in sizeable, controllable portions. Adjustments are managed independently as variances, which maximizes cash flow. You can use percentage complete or actual cost to control payment. You’ll be able to see and determine how each contract is progressing and, thereafter, make necessary modifications.

And, based on this progress, the reporting within the system will give you projected “cost to complete,” based on future budgets, with current budgets being replaced by actuals. So, based on the new projected cost to complete, you can make adjustments to stay on track.

The supreme versatility of FAST's Land Develoment easily manages other ventures within your business, such as, any light commercial projects, including shopping malls and apartment construction.

Finally, Land Development within the FAST system is fully integrated to accounting; So however you choose to leverage it to support your business, all accounting controls for costs, payments, reports, and revenue remain intact.