Canadian Electrical Industry News Week

simPRO Reporting SoftwareThe right tools for monitoring and reporting on business performance are vital for any business owner who wants to measure their company’s health and success. However, project tracking and reporting tools are even more important for electrical business owners.

Between day-to-day jobs, maintenance work and longer projects, electrical business owners need up-to-date, accurate reporting tools that measure the most important metrics for each type of work they do.

These metrics form an overall picture of business health which guides decision-making as they grow the business.

Like many electrical companies, you might use old-school pen and paper or spreadsheets for reporting. While these methods might get you by, they can be tedious and time-consuming.

It's also far too easy to make manual errors and mistakes, which lead to inaccurate data input and an inaccurate picture of true business performance.

Without an accurate picture of your electrical company’s performance, you cannot make data-driven decisions on how to improve in various areas of your business.

This could leave you planning the next steps for your company based on an educated guess, at best, rather than facts.

It’s also crucial that you gather all of this data from one end-to-end electrical software solution.

Even if you are already working with other reporting tools or software aside from spreadsheets, linking data from multiple disparate sources can be challenging. Without this link, you won’t get the complete picture of business performance.

Here are our top five best reporting tools for your business and the most important reports to help you run efficient business operations and increase cash flow, including:

- Financial reports
- Workforce reports
- Project reports
- Inventory Management reports
- Customer Service reports

How do you choose the best project tracking and reporting tools for your electrical business? 

The best tools for monitoring and reporting on business performance for field service companies measure multiple aspects in various areas of your business, all from one central location. 

While they should undoubtedly report financial information, the best tools for monitoring and reporting on business performance also report on your workforce and can even track project progress. 

This is where field service management software can help!

Field service management software includes multiple types of reports that you can run and use for many different areas of your electrical business. 

Most importantly, a field service management solution gathers all of your data in one spot. 

This creates a single source of truth for all of your job, project, and customer data.

When you have a single source of truth for your data, you know that your data truly reflects your business as it stands, without any missing information.

This transparency helps you make better-informed decisions to help your business grow.

Next, we’ll walk through each of the key areas of your business you should regularly report on and why they are crucial for measuring success.

What are the most important types of reports for electrical businesses?

Financial reports

These reports help you measure the financial health of your business.

For example, you can run reports to manage your profit and loss, sales invoices, monthly income and accounts receivables.

These reports can also tell you if your estimating and job costing correctly and break down the profit and loss of individual jobs.

Running regular financial reports is an excellent foundation for better business reporting overall.

Financial reports offer complete visibility into your actual numbers, their accuracy and how they compare to your estimates on jobs and projects.

They also allow you to spot any discrepancies, as well as trends in your profit and loss. They can even help you identify why you lost money on a particular job.

As a result, you can make any relevant changes for future jobs.

For example, the Profit/Loss Report in simPRO can show you the Net Profit and Loss and Net Margin for all jobs within a specified date range so that you reflect and make changes as needed for new jobs.

Workforce reports

Did you know that you can gather data to measure your staff’s overall productivity rather than guessing based on what your employees tell you?

Workforce reports allow you to gather data about field staff’s activity, completed tasks and job costs per employee. They can also give you visibility into total hours worked and billable hours.

This type of report is an essential tool for resource management. It can help you spot employees who are completing work quickly and efficiently and identify employees who aren’t working to your standards.

This insight can help you assign the right field technician to the right job and ensure that your field staff continues to deliver work on time and as promised to your customers.

You can also use workforce reports to ensure you’re properly allocating time for each job based on the number of available staff at a given time.

Measure your team’s output with the Labor and Productivity Report in simPRO. You can track labor hours for employees and contractors across your business which is especially helpful for your service manager(s) or staff manager and HR.

They can use this report to retrieve all employee schedules within a specific date range and reconcile hours on quotes, jobs and leads.

Even better, this report displays individual employee’s productivity as a percentage.

This makes it easy for you to scan the report and quickly spot underperforming staff so that you can adjust to increase productivity.

Project reports

Multi-phase projects are more complicated than your day-to-day jobs.

They often involve more staff and more resources and quickly go awry if you lose track of progress.

Project reports track job progress and cost to complete in each stage of the project. This ensures that you hit deadlines and deliver services on time and within budget.

These reports also help you deliver the best customer experience and manage your resources efficiently. They give you a complete picture of all of your work in progress and the costs associated with each phase.

simPRO features a Job WIP (work in progress) Report. This report shows your costs (resources and materials), what you've already billed, and what you still need to invoice.

You can quickly spot outstanding invoices, manage your cash flow, spot trends and react quickly to keep projects moving at pace.

Inventory management reports

Use inventory management reports to monitor inventory levels and their value.

These reports also help you track inventory from your warehouse to your dispatch vehicles and the job site.

You can ensure that you always have the right tools for the right job since your inventory management report shows your physical inventory and items on order.

Inventory management reports also show you the total value of your inventory, which helps with accurate job costing.

Most importantly, these reports show the location of all of your inventory!

simPRO’s Stock Value Report shows all of your inventory and the value of your materials. It can even show you the value of materials assigned to jobs even if those jobs are not fully invoiced, which is especially helpful when you need to take stock of your inventory at the end of a financial period.

Customer service reports

How can you ensure that you’re delivering the best customer service to your customers.

Instead of guessing based on what your customers tell you, use customer service reports to monitor response time for jobs and keep track of customer records and interactions with your staff.

You can also use reporting to identify customers that give you the most business.

When you can track all interactions with customers, you eliminate miscommunication that can frustrate them and your team.

You also ensure that everyone on your team accesses the most accurate, up-to-date information on every customer and their associated jobs.

This gives your team more context and detailed background information every time they communicate with customers.

Happy customers become loyal customers and, therefore, a reliable source of revenue.

simPRO features two types of customer service reports:

The Customer Notes Report displays notes associated with customers, and is useful for customer service or account managers to track customer correspondence and maintain great customer service.

You can also use the Customer Rank Report to see which of your customers generate the most business, with customers ranked by either turnover, profit, margin or average invoice value etc. within a specified date range.

Discover 70+ reports available in simPRO

Ready to start reporting on your project, service and maintenance workflows and get a complete picture of your business health?

simPRO gives you access to extensive business intelligence reporting, with more than 70 types of reports built-into help you manage your staff, inventory, cash flow and more!

For more information go HERE

 

Grimard is more competitive and produces estimates 3X faster with Procore

Procore

When the pandemic lockdowns started in March of 2020, Grimard (an electrical contractor) had to decide whether to shut down its operations entirely or implement a new platform with people who were now freely available for work.

Once they implemented Procore, they found a way to efficiently communicate with stakeholders and offer full transparency in terms of project costs and planning. It also allowed Grimard to utilize historical data to make project estimates more accurate. Grimard was able to streamline its bidding process, which made it more attractive to potential clients and helped the business grow.

 

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2021 Canadian Electrical Code Overview of Changes

EIN CSA Group Logo 2022 400CSA C22.1:21, Canadian Electrical Code, Part I contains many updates and changes that are potentially significant to electrical professionals. This online, self-guided course provides the key changes and impacts to the industry presented in an easy-to-follow format.

 Designed for professionals with a good working knowledge of the Code and who solely need the key changes including general updates or those made for clarification, safety, and new products and systems. Key changes due to Rule relocation or deletion are also noted.

This course may help save valuable time to help keep electrical projects safe and in compliance. This training is developed with input from a broad cross-section of electrical industry experts and with cooperation from all provinces, territories and several key jurisdictions across Canada. 

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Changing Scene

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Sponsored Content

Brady Product Spotlight: Grip, Grab and Identify

PB-BradyGrip-200.jpgTired of guessing a cable bundle’s identity? Deciphering handwritten wire markers? If you’ve got too much detective work, here’s a way to solve it: BradyGrip Print-on Hook Material featuring VELCRO Brand Hook.

It’s the EASY way to ID wire and cable bundles. Just print and place. In an instant, your toughest ID work is done. Thanks to a Brady and Velcro Companies partnership, this one-of-a-kind material sports a printable front and grippy back – just the right combo for challenging datacom, electrical, construction and medical jobs.

Learn More HERE


 

Yukon Canada

Communities across the North and Arctic are prioritizing cleaner, more reliable energy sources, as they continue to feel the impacts of climate change. By investing in renewable energy initiatives that support energy independence and economic development, we can keep our air cleaner and build resilient, healthy communities for everyone to call home, all while creating good-paying, sustainable jobs and lowering harmful greenhouse gas (GHG) emissions.

The Yukon is leading the country in its pursuit of cleaner energy and climate change initiatives. 

 

 

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Linde

Linde announced it has inaugurated the world's first hydrogen refueling system for passenger trains in Bremervörde, Germany.

Linde’s hydrogen refueling system, which it built, owns and operates, will refuel 14 hydrogen-powered passenger trains, enabling each train to run for 1,000 km emission-free on a single refueling. It has a total capacity of around 1,600 kg of hydrogen per day, making it one of the largest hydrogen refueling systems ever built. Linde’s future-ready hydrogen refueling system has been designed and constructed with the ability to integrate future on-site green hydrogen generation. The new hydrogen trains will replace existing diesel-powered trains.

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Chris Lane

The Continental Automated Buildings Association (CABA) Board is pleased to announce the appointment of Chris Lane of Johnson Controls to the CABA Board of Directors. As Director of Product Management for Building Automation System (BAS) products at Johnson Controls, Lane leads a team of product managers responsible for designing the strategy and direction for Johnson Controls’ global portfolio of BAS products. 

"I’m honored to have the opportunity to join CABA’s board and support their vision to empower connectivity among people, spaces and technology,” said Lane. 

 

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Canadian Electrical Contractor Discussion Group: Can You Count the Deficiencies?

EIN CECD 400Have you ever been called to fix the work of a 'handyman'?

"Was supposedly done by a"certified ' electrician....told the homeowner that he got a $266 permit....no record at TSBC. Can you count the deficiencies?"

"There is a second panel change in the triplex also.......even more deficiencies. Think the guy was a glorified handyman. Ones not obvious: 240 BB heat hooked up 120....drier on 2p20....range on 2p50....water heater fed with 2c14 Bx on 2p15."

Go HERE to join the discussion

 


 

Grimard is more competitive and produces estimates 3X faster with Procore

Procore

When the pandemic lockdowns started in March of 2020, Grimard (an electrical contractor) had to decide whether to shut down its operations entirely or implement a new platform with people who were now freely available for work. Once they implemented Procore, they found a way to efficiently communicate with stakeholders and offer full transparency in terms of project costs and planning. It also allowed Grimard to utilize historical data to make project estimates more accurate. Grimard was able to streamline its bidding process, which made it more attractive to potential clients and helped the business grow.

Read More


 



 

HellermannTyton Double Slit Conduit

HellermannTyton announces HelaGuard Double-Slit Corrugated Conduit. The two-piece solution features one semi-circular tube that snaps over another to envelop a wire or cable bundle. This makes it possible to add flexible corrugated protection to wiring that is already connected on both ends.

Standard conduit requires installers to guide cabling into and through the length of tubing. That is less of an issue at the time of manufacture. But if the ends of the wire are soldered to a terminal or otherwise inaccessible, non-slit conduit – and even single-slit conduit – can be tedious or impossible to apply.

 

 

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Greenlee Mobile Bending Table

By Blake Marchand

For the new Bending Table for Greenlee® 881 Series Benders, Greenlee Tools, Inc. set out to improve ergonomics and product security.  Previously, contractors usually had to disassemble their bender unit for relocation off the jobsite due to it being harder to secure on the jobsite. New anti-theft features incorporated into the bending table product design allowed the cart and its accessories to be more fully locked. 

This increases contractor productivity by helping reduce the need for tedious setup and tear down of the bender due to off-jobsite storage. Greenlee wanted to make the Mobile Bending Table as versatile as possible and intentionally designed it to fit through most 32” wide doors.  

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Siemens PBSI Sept1 GIF fire test

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DCC-11 EV Energy Management System

DCC-11, manufactured by Thermolec, is an energy management system designed to allow the connection of an EV charger to the main feeder of a panel without affecting the load calculation. 

HOW IT WORKS 

  1. DCC does a real-time reading of the total power consumption of a home or condo electrical panel;

  2. It detects when the total power consumption of the main circuit breaker exceeds 80% and temporarily de-energizes the charger.

 

 

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Klein Tools Knee Pads

Klein Tools introduces Lightweight and Heavy Duty Knee Pad sleeves, both of which feature a compact design for all day comfort and protection.

Knee Pad Sleeves

  • Lightweight and Heavy Duty Knee Pad Sleeves can be worn under or over pants for all day wear.
  • Unique design keeps knee pads close to the body for a second-skin fit allowing for agility when working in tight spaces.
  • Lightweight, breathable mesh back to keep you cool and comfortable.
  • Elastic cuff with slip-resistant silicone helps knee pads stay in place.

 

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Sponsored Content

Fire Protection for Lithium-ion Battery Energy Storage Systems

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Lithium-ion storage facilities contain high-energy batteries combined with highly flammable electrolytes. In addition, they are prone to quick ignition and explosion in a worst-case scenario. Such fires can have a significant financial impact on organizations. Rapid detection of electrolyte gas particles and extinguishing are the key to a successful fire protection concept. Since December 2019, Siemens has been offering a VdS-certified fire protection concept for stationary Li-ion battery storage systems.

Click HERE to learn more.


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sdgs poster 936 enBy Blake Marchand

With many organizations, governments and policymakers finding it challenging to implement the UN Sustainable Development Goals (UN SDGs) , CSA Group has developed a methodology for mapping CSA standards to UN Sustainability Goals (SDGs) aimed at demonstrating how organizations, governments and policymakers can use CSA standards as an effective tool in developing and implementing their SDG strategies. The methodology was developed as part of a research project initiated by CSA Group, completed in collaboration with University of Guelph, Niagara College and the Toronto Metropolitan University. To support the methodology, CSA Group also launched an interactive searchable database that allows standards users to quickly find out how and where CSA standards support specific UN SDG targets.

The 2030 Agenda for Sustainable Development was adopted by all UN member countries in 2015. The agenda includes 17 UN Sustainable Development Goals that aim to promote and provide strategies to improve health, education, inequality, and the economy while prioritizing climate change and the environment. 

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EIN 21 TSBC EJTC 400Effective October 1, 2022 the Canadian Electrical Code, Part I, 25th Edition, Safety Standard for Electrical Installations, Canadian Standards Association Standard C22.1-21 is adopted as the BC Electrical Code. All electrical work that is subject to the BC Electrical Code must be in compliance with the updated edition effective November, 30, 2022. 

All code-related information bulletins and directives that have been issued to date remain in effect. All potentially impacted information bulletins and directives will be reviewed for consistency with the new code edition and revised if necessary. 

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