Software Advice BuyerView: Architecture Management Software Report 2014
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The report examines the buying behavior of architecture firms seeking business management software in 2013, revealing that many still rely on manual methods for tracking operations. Most buyers are small businesses earning $5 million or less, with significant interest in features like time and expense tracking. A strong preference for integrated software suites over standalone solutions was also noted, alongside a lack of deployment preferences among buyers.
Software Advice BuyerView: Architecture Management Software Report 2014
- 1. Software Advice BuyerView: Architecture Management Report Insight into today’s software buyer
- 2. In 2013, we talked to hundreds of architecture firms considering a purchase of business management software. We tapped into a subset of the data to determine two things: • What are the most popular methods currently employed by architecture firms seeking business management software solutions? • Which software features are most popular among prospective purchasers? Abstract
- 3. Prospective Buyers’ Current Methods Number of mentions Almost half of the buyers we spoke with were currently using manual methods such as Excel, Outlook and pen and paper to track and store data. Accounting and billing software Manual methods Architecture-specific software 0 50 100 150 200
- 4. Demographics: Buyer Size by Annual Revenue The vast majority of buyers we spoke with were small businesses earning $5 million or less in annual revenue. 1% 11% 47% 41% Less than $1 million $1-$5 million $6-$25 million $26-$50 million
- 5. Demographics: Buyer Size by Number of Employees The majority of buyers we spoke with had 20 or fewer employees. 1% 4% 12% 27% 24% 28% 4% 1 2-5 6-10 11-20 21-50 51-100 100+
- 6. Top Reasons for Replacing Manual Methods Percent of sample Many buyers said they spent excessive time tracking operations via manual methods, and needed to streamline the process with specialized software. Current system no longer supported Enhance efficiency Update/modernize Improve project management 0% 10% 20% 30% 40% 50%
- 7. Time and Expense Tracking Are Most Requested Features Because the basic source of revenue for architecture firms is hourly billing, it’s logical that 61 percent of buyers requested time and expense tracking. 19% 21% 26% 35% Time tracking Expense tracking Billing and invoicing Project management
- 8. Most Buyers Don’t Have a Deployment Preference We were surprised that 86 percent of buyers we spoke with didn’t express a preference for cloud or on-premise systems. 86% 8% 6% On-premise Web-based No preference
- 9. A Vast Majority of Buyers Want an Integrated Suite An overwhelming number of buyers we spoke with sought an integrated suite over best-of-breed applications. 2% 5% 93% Integrated suite only Best-of-breed Multiple products
- 10. Software Advice™ is a trusted resource for software buyers. The company's website, www.softwareadvice.com, provides detailed reviews, comparisons and research to help organizations choose the right software. Meanwhile, the company’s team of software analysts provide free telephone consultations to help each software buyer identify systems that best fit their needs. In the process, Software Advice connects software buyers and sellers, generating high-quality opportunities for software vendors. @SoftwareAdvice /company/software-advice @SoftwareAdvice/SoftwareAdvice
- 11. Software Advice™ is a trusted resource for software buyers. The company's website, www.softwareadvice.com, provides detailed reviews, comparisons and research to help organizations choose the right software. Meanwhile, the company’s team of software analysts provide free telephone consultations to help each software buyer identify systems that best fit their needs. In the process, Software Advice connects software buyers and sellers, generating high-quality opportunities for software vendors. @SoftwareAdvice /company/software-advice @SoftwareAdvice/SoftwareAdvice Read about our findings in more detail.Read Report