Archive for the ‘Free Software’ Category

B2W Software Launches New Mobile App for Construction Field Workers

PORTSMOUTH, NH--(Marketwired - Jun 18, 2013) - B2W Software announces the release of the B2W Mobile tablet application to help contractors streamline communication and improve efficiencies helping to ensure projects are completed on time and on budget. The B2W Mobile App allows day-to-day tasks to be automated and tracked using mobile tablets, reducing paperwork and manual reporting while providing real-time information flow to and from the field.Working directly with some of the biggest names in construction, B2W Software has created an app that is simple and easy to use while combining a unified approach for entering and collecting field information. This app will run anywhere, anytime using Apple or Android based tablets.

The B2W Mobile App is a free companion for all B2W Track license users and can be downloaded directly from the Apple AppStore and from Google Play. The initial release focuses on field foremen enabling them to capture employees, field logs, safety huddles, photographs, cost coded employee and equipment hours as well as production quantities etc.B2W Mobile is a strategic component of the ONE (Operational Networked Elements) platform and is part of an ongoing effort to add extremely intuitive mobile capabilities helping contractors be more efficient, minimize risks, stay on schedule, and maximize profitability.

"B2W Mobile has an interface which is intuitive and easy to use.It will help our field crew leaders efficiently access the information they need to make decisions on their jobs on a real-time basis," said Rich King, CFO at Schlouch Incorporated."B2W Software continues to offer solutions to support our goal of providing collaborative technology to the Schlouch team."

Key Features include:

"Construction companies are in a margin pressured space.With our mobile application, we will enable contractors to have accurate real-time information at their fingertips anywhere, anytime for improved decision making to ensure profitability," said Paul McKeon, CEO and founder of B2W Software.

Demonstrations

B2W Software will demonstrate B2W Mobile at Booth # 509 at CFMA from June 22-26, 2013, in San Diego.

About B2W Software

Headquartered in Portsmouth, New Hampshire, B2W Software (fka BID2WIN Software) is a premier provider of enterprise-class construction software, services and solutions that is redefining the future for streamlined operations. Powered by our unique ONE platform, B2W solutions effectively leverage the latest technologies into a unified system for estimating and bidding, field tracking and analysis, resource planning and dispatching, equipment maintenance and safety.

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B2W Software Launches New Mobile App for Construction Field Workers

Remedy Interactive Software Transforms Incident Management

SAUSALITO, CA--(Marketwired - Jun 19, 2013) - (ASSE SAFETY 2013 EXPOSITION) -- Remedy Interactive, Inc., a leading provider of enterprise health and safety software solutions, announced today its release of innovative new software for safety professionals to better manage incidents in organizations. While most existing incident management software systems focus on the documentation of recordable incidents to achieve compliance, Remedy Interactive's Incident Management Software enables compliance and fosters a culture of safety by providing intuitive tools for supervisors, employees, outside experts and other investigators to drive prevention. This solution is the second module in the company's Safety Management Software suite. This innovative incident management solution is also the first designed from the ground up for tablets, laptops and desktop devices ensuring the ability to bring the solution to any work site. Visit: http://www.remedyinteractive.com/products/incident-management-software/

To see a live demo of Remedy Interactive's Incident Management solution at ASSE's Safety 2013 Exposition, June 24-27, 2013 in Las Vegas, stop by booth #1376.

Incident Management TransformedIn addition to basic incident reporting and compliance with OSHA and regional recordkeeping regulations, Remedy Interactive's Incident Management Software features critical analysis and management capabilities including:

"By giving health and safety managers the ability to organize dispersed teams and their data, with intent to prevent not just report and document, they can more effectively apply the correct prevention measures and reduce injuries and illnesses," said Kim Weiss, CEO of Remedy Interactive. "Our Incident Management solution provides a 360 degree view of the entire incident management process and automates it so managers can more efficiently and effectively achieve better safety outcomes."

About Remedy Interactive, Inc.Remedy Interactive, Inc. delivers innovative safety software solutions that empower organizations to drive beyond compliance towards healthy and injury-free productive workplaces. Our solutions provide intelligent data analysis to create the insights necessary for achieving highly efficient and impactful safety efforts. For more information, visit http://www.remedyinteractive.com or call 415.332.6433.

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Remedy Interactive Software Transforms Incident Management

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Hello to the Internet! - Video

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1 Thing to Watch at Ultimate Software Group

Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.

Earnings' unreliability is one of the reasons Foolish investors often flip straight past the income statement to check the cash flow statement. In general, by taking a close look at the cash moving in and out of the business, you can better understand whether the last batch of earnings brought money into the company, or merely disguised a cash gusher with a pretty headline.

Calling all cash flows When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Ultimate Software Group (Nasdaq: ULTI) , whose recent revenue and earnings are plotted below.

Source: S&P Capital IQ. Data is current as of last fully reported fiscal quarter. Dollar values in millions. FCF = free cash flow. FY = fiscal year. TTM = trailing 12 months.

Over the past 12 months, Ultimate Software Group generated $24.0 million cash while it booked net income of $18.1 million. That means it turned 6.8% of its revenue into FCF. That sounds OK.

All cash is not equal Unfortunately, the cash flow statement isn't immune from nonsense, either. That's why it pays to take a close look at the components of cash flow from operations, to make sure that the cash flows are of high quality. What does that mean? To me, it means they need to be real and replicable in the upcoming quarters, rather than being offset by continual cash outflows that don't appear on the income statement (such as major capital expenditures).

For instance, cash flow based on cash net income and adjustments for non-cash income-statement expenses (like depreciation) is generally favorable. An increase in cash flow based on stiffing your suppliers (by increasing accounts payable for the short term) or shortchanging Uncle Sam on taxes will come back to bite investors later. The same goes for decreasing accounts receivable; this is good to see, but it's ordinary in recessionary times, and you can only increase collections so much. Finally, adding stock-based compensation expense back to cash flows is questionable when a company hands out a lot of equity to employees and uses cash in later periods to buy back those shares.

So how does the cash flow at Ultimate Software Group look? Take a peek at the chart below, which flags questionable cash flow sources with a red bar.

Source: S&P Capital IQ. Data is current as of last fully reported fiscal quarter. Dollar values in millions. TTM = trailing 12 months.

When I say "questionable cash flow sources," I mean items such as changes in taxes payable, tax benefits from stock options, and asset sales, among others. That's not to say that companies booking these as sources of cash flow are weak, or are engaging in any sort of wrongdoing, or that everything that comes up questionable in my graph is automatically bad news. But whenever a company is getting more than, say, 10% of its cash from operations from these dubious sources, investors ought to make sure to refer to the filings and dig in.

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1 Thing to Watch at Ultimate Software Group