Blog

A New Way to Manage Capital Works - Without Spreadsheets

Posted by Simon@valueworks.co.uk on Jun 14, 2017 5:39:04 AM

Social landlords spend large sums on capital works – often between £300K and £20million – and they hold a wealth of data in their housing management, asset management and finance systems.

But they often manage this data on spreadsheets, in small team silos within their organisations. What’s more, while they may have software applications and integrated housing modules in place, they don’t always implement or use them.

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Recent analyst coverage from TechMarketView

Posted by Gert schepens on May 22, 2017 2:15:37 PM

We recently caught up with Matthew Trimming, executive chairman of Little British Battler (LBB) Valueworks, to hear about progress
since he took over the helm this time last year (see Valueworks new management to lead SaaS transformation).
A lot’s happened in this time. Trimming has moved Valueworks’ HQ from Wigan to Manchester, where he has hired a largely new team,
refocusing the business as a true multi-tenanted software-as-a-service (SaaS) player for the social housing and large-scale property
sector. Kashflow founder and entrepreneur Duane Jackson has spent a few days’ a month mentoring the new team and helping develop
and deliver the SaaS proposition. All new customers are automatically brought onto to the platform, and there is an ongoing programme of migration for existing
customers.
The aim is to offer social housing finance directors and property directors near real-time visibility on their planned housing maintenance jobs and associated costs from
suppliers. For some of the largest social landlords this is no trivial matter, with jobs regularly costing in the millions of pounds, and where the Finance team is often in the
dark. Project cost overruns can often be c.20%, so there is real demand, and opportunity, for proper control.
Indeed, Trimming said Valueworks’ pipeline now stands at £2m with new business being won across the core social housing sector, as well as new opportunities in the
adjacent NHS property sector.
Valueworks used to take a consultative approach to social housing procurement spend, which was very susceptible to peaks and troughs in demand. But now the focus is
on providing recurring as-a-service revenue, built around monitoring the cost of housing maintenance projects, which social landlords can use to improve their cost base,
or to overcome potential disputes. Valueworks now has a clear direction and focus, with a proposition and sales built around business outcome delivery.
Valueworks is a nice example of an LBB being given a renewed lease on life, and with the potential for bigger things, as a born-again SaaS business.

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Topics: General

Valueworks Software Upgrade Apr-17

Posted by Philip Moss on Mar 31, 2017 6:00:01 PM

We’re pleased to announce that we will be upgrading your software later this week with our new look and feel. The new look & feel started in the last release with a new logon experience and we continue the rollout in this release with the new look extending to the menu and navigation areas of the software.

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Topics: Releases

Valueworks Software Upgrade Dec-16

Posted by Philip Moss on Dec 18, 2016 9:00:57 PM

We’re pleased to announce that we've just upgraded your software and added two new, much-requested features to give you even greater control over your planned contracts. The new features, Retentions and Per Property Surveys, are available now to all customers using the PlanWorks module.

Retentions

Typically Landlords would use this to retain a percentage of payments due to their contractors until final completion of the planned maintenance work, thus ensuring that snagging and additional work is promptly dealt with. The new retentions feature is highly configurable, allowing you to set variable rates across different contractors and projects. All calculations are automated based on the parameters you’ve provided so you save time and reduce the chances of human error affecting your planned maintenance projects.

 

 

Per Property Surveys 

We have seen an increasing number of users moving from model cost based planning to per property surveys. With this addition to the software we now fully support Per-Property Surveys as well as the traditional method. In each case you're planning creates a baseline from which you can clearly understand the variance that is occurring as the works progress.

 

 

New look

Additionally we are pleased to tell you about our new look and feel delivering a fresher look and simpler user experience. The new look & feel starts in this release with a new logon experience removing the steps required to get you to where you need to be. Subsequent releases will see the new look & feel more widely adopted making its way further into the product.

 

If you have any questions on how to use this or any aspect of the software then please contact the support team: helpdesk@valueworks.co.uk

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Topics: Releases

The privatisation of housing associations is inevitable

Posted by Philip Valentino on Sep 25, 2015 2:39:41 PM

Housing associations will be set free to roam as private companies. There is no doubt in my mind about this.

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Topics: General

Top skill required on a housing association board? Juggling

Posted by Philip Valentino on Sep 4, 2015 1:04:48 PM

Housing association boards are in a new era, one that requires the ability to juggle a huge range of demands. They must have something to offer that makes sense to government, councils and people from all walks of life who want homes.

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Topics: General

Government eyes on housing association value for money statements

Posted by Philip Valentino on Aug 4, 2015 1:12:09 PM

Is it your job to write the VfM statement for your housing association? If so, you are about to do one of the most political things you have ever done in your life.

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Topics: General

Conflicts of Interest

Posted by Philip Valentino on Jul 31, 2015 1:16:39 PM

Have you heard of Gertjan Vlieghe? He wants to join the Bank of England's Monetary Policy Committee to set interest rates. So he could be the guy that triggers one of your biggest stress tests if his hand goes up for a hike in rates.

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Topics: General