Sage Timberline Buyout allows companies working with Sage Timberline Estimating software to quickly and accurately turn detailed estimates into RFQ's and Purchase Orders. Now you can take advantage of the material and subcontract items in your estimates to solicit prices from potential suppliers and subcontractors, issue purchase orders, and automatically transfer the commitments to Sage Timberline Job Cost, Purchase Order and Inventory modules. In short, Buyout helps you sort the items in an estimate into desired groups of materials, produce documents, and perform the tasks necessary to buy out your job:

• Automatically generate, sort and send RFQ's to suppliers and subcontractors via email, fax or printed hard copy.
• Record, track, analyze and select bids received.
• Transfer commitments to Sage Timberline Job Cost for estimated vs. actual cost tracking.
• Transfer commitments to Sage Timberline Purchasing module for PO Generation.

Buyout integrates with Sage Timberline Estimating and Accounting programs
From Buyout, you have access to standard cost codes, categories and tax groups stored in Sage Timberline Job Cost and Accounts Payable applications. Unlike competitive products, Buyout is truly integrated and reads the project information directly from your Sage Timberline Estimating file. Once subs and suppliers have been chosen, commitments are transferred electronically to Job Cost, Purchasing and Inventory. Thanks to the integration between Buyout and Job Cost, Accounts Payable Address Book, Purchasing and Inventory can take advantage or data already existing in your Sage Timberline system:

• AP Tables.
• Standard Cost Codes.
• Standard Categories.
• Contact Lists

Information available at your fingertips limits exposure
Not only does Buyout save time and reduce effort by automating the bid solicitation process, it also provides an important tool for determining where you are in the Buyout process at any moment. Establish percent complete, minimize your exposure and see at a glance how your actual prices are comparing with your estimated costs. You'll never have to wonder if you're over budget or search through piles of paper, files or faxes to find out.

• Buyout Features
  Build a worksheet of material and subcontract items to be bought out automatically by reading the Sage Timberline estimate file.
• Multiple estimates can be combined into a single worksheet, an important feature for contractors who receive price discounts based on volume purchases.
• Create one-time items in the Buyout item window.
• View items the way you want to see them - by WBS, location, phase, material class, and so forth.
• Group materials or subcontract items for ease in obtaining prices. Create quote sheets and assign material items and subcontract items to the quote sheet.
• Assign multiple vendors and subcontractors to quote sheets.
• Use prices from Buyout's standard price database for items in the quote sheet.
• Automatically submit requests for quotes and send purchase orders via email, fax or hard copy.
• Split items out of one quote for the creation of a new quote sheet.
• Use the Summary Quote sheet to organize vendors/subcontractor's quotes from low to high.
• Save prices from the quote sheet to a Buyout standard price database.
• Change prices for any item and update the Estimating database with pricing from Buyout.
• Generate RFQ's and PO's directly from Buyout and issue automatically via email, fax or hard copy.
• Update Sage Timberline Estimating estimates with buyout prices, revised quantities and vendor/subcontractor selections.
• Transfer commitments to Job Cost for estimates vs. actual cost tracking.

Buyout is part of the full line of Sage Timberline Estimating products. Designed for Microsoft Windows operating systems, it's based on 35 years of experience producing leading-edge software for the construction industry.

If you would like more information on how Buyout can help streamline your tendering process, feel free to contact us. Details can be found on the Contact page.