Spend Management for Multifamily Capital Improvements

Drive Cost Savings and Efficiency in Renovation Projects

OpsBid replaces paperwork, phone calls, and emails with a seamless on-line process and document access that makes it easy for everyone involved in a renovation project - both suppliers and those inside your organization - to stay informed and collaborate.

• With OpsBid you can find suppliers on the OpsTechnology supplier network, solicit and award project bids, manage change orders, create purchase orders, and receive and approve invoices in a completely paperless workflow. OpsBid also integrates with leading accounting systems.
• Track transaction documents against budgets and contracts, manage loans and draws and monitor spend-to-budget for a real time financial picture of your project.
• All the information and data for a project is updated in real-time and can be accessed 24/7, which makes it easy to spot potential issues.
• Secure, online document storage provides historical information for more informed decisions on bids and cost projections.
• Reporting can be customized for different areas of responsibility, such as operations manager, redevelopment manager, contractor, asset manager, and executives.

OpsBid allows you to manage all of your project documents in one application:

• Bids
• Contracts
• Purchase Orders
• Change Orders
• Invoices
• Lien Waivers
• Budgets

Read How Berkshire Property Advisors Transformed their Rehab Process with OpsBid.