05/23/2008 - THE REINVESTMENT FUND, A NON-PROFIT REVITALIZATION COMPANY, SELECTS MARK SYSTEMS’ IHMS TO MAXIMIZE EFFICIENCY AND STAY ON TARGET FINANCIALLY
The Reinvestment Fund (TRF), a nationally recognized non-profit company that historically supplied builders interested in revitalization projects with funding, has selected MARK SYSTEMS’ IHMS as they themselves venture into the revitalization market. Focused on staying on budget, TRF has chosen the Integrated Homebuilder Management System to ensure that they stay on top of all their projects in the inner-cities of the Northeast as well as the Mid-Atlantic states. At TRF, they are passionate about their ability to combine public purpose with business discipline and are excited by the transforming power of connecting investors to projects that create wealth and opportunity for low-wealth communities. Some of those communities include East Camden, NJ, Historic Brewerytown in Philadelphia as well as the Oliver section of East Baltimore, MD, where the HBO series “The Wire” was based.
The experience of lending money to builders for revitalization gave TRF the insight to hire the right people, and delve deeper into the building process for themselves. After putting together a sophisticated team, TRF wanted to ensure that they would have the proper tools in place to give everyone the information they needed to work efficiently. This was crucial to them as a non-profit without the discretionary funds to cover errors. The job had to be done right the first time, or it wouldn’t get done at all. What TRF needed was a software package that was tailored for the development industry, offered a tool to make everyone’s job easier, was reasonably priced and would offer significant ROI. With those objectives in mind, the team started consulting with builders in Baltimore and Philadelphia to see if there was such a system already available. They were happy to hear that there were a few vendors that might meet their criteria, and, after gathering information about them, narrowed their list to three possible partners.
The initial demonstrations were positive, and TRF decided to look deeper into each system, one being IHMS. As they started to peel away at each system, they found that many of them were comprised of multiple products and databases provided by different vendors. This created dilemmas involving tech support as the applications struggled at times communicating with one and other. With IHMS, TRF found an all-inclusive, single-database platform that provides for seamless integration throughout all departments. MARK SYSTEMS, the sole provider, developer, supporter and enhancer of IHMS, also offered over 150 standard reports, as well as a flexible SQL database that can be easily utilized to create any custom reports they needed. Along with the IHMS Internet ToolKit (ITK), which allows TRF instant communication with field personnel, the choice to start off with MARK SYSTEMS was clear. The team, confident that IHMS will help them help others, has agreed to terms with MARK SYSTEMS, and are currently in the initial phase of implementation.
MARK SYSTEMS’ Integrated Homebuilder Management System is the industry’s finest software package developed exclusively for residential builders and developers. Fully integrated from Sales Traffic Analysis through Contract Management, Cost Accounting and Warranty and Customer Service, the software provides state-of-the art information processing tools for the homebuilder, including access via the Internet. With thousands of users at residential builders throughout the country, MARK SYSTEMS software continues to contribute substantially to the efficiency and productivity of successful builders across the nation.
For more information, contact us at 800-972-7444, or visit us online at www.marksystemsUSA.com.