Corvant
“Corvant is focused on enhancing our scalable operating platform to continue to support both organic growth and future acquisitions. We needed more than a typical off-the-shelf software package. We wanted a connected operational framework that links estimating, project execution, and forecasting while allowing our teams to continue operating effectively. Runding's approach gives us a common data foundation, improved visibility, and a structure that can scale alongside the business.”
Chris Larocque, Chief Operating Officer at Corvant.
Corvant Partners with Runding Corporation to Streamline Operations
Corvant, a leading national HVAC and plumbing contractor and a portfolio company of GHK Capital Partners, has selected Runding Corporation to unify estimating, project financial management and forecasting across the organization.
The Challenge
As Corvant continues to scale across multiple operating divisions and geographic regions, leadership recognized the need for a more connected operational foundation between estimating, preconstruction, project execution, and financial management.
These challenges included:
- Limited visibility into project forecast (cost to complete) across the project lifecycle
- Duplicate data entry and reliance on spreadsheet-driven processes
- Manual, excel-based estimating data and workflows
- Increased complexity as the platform expanded through growth and acquisitions
The Solution
Runding’s OpenBuild will establish a connected framework that links estimating, project execution, forecasting, and project closeout. The solution was designed to create a continuous flow of job cost data with full integration into Corvant's existing ERP system.
This approach enables Corvant to:
- Connect job cost data from estimate through forecast and closeout
- Automate estimating workflows with standardized cost structures
- Implement pricing governance and process contro
- Eliminate duplicate data entry through integrated workflows
- Create a scalable operational framework without requiring a disruptive ERP replacement
Results & ROI
Key outcomes include:
- Improved financial visibility from estimating through project execution and forecasting
- Standardized estimating and forecasting processes across operating divisions
- Higher productivity for financial, estimating and project management teams
- A scalable foundation to support continued organic growth and future acquisitions
