IHMS Review - why 4.2 stars?

IHMS Review
ITQlick Score: 81/100
ITQlick Rating: (4.2/5)
Pricing: 7/10 - high cost
Category: Construction -> IHMS
Ranking:Ranked 120 out of 441 Construction systems
Company: Mark Systems Lmtd
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: IHMS pricing, IHMS alternatives

Shlomi LaviShlomi Lavi / updated: Sep 04, 2020

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What is IHMS?

Mark Systems IHMS is a single database home builder software suite. It is one of the most popular residential construction accounting solutions in the industry. The software aims at giving you the complete financial control of your construction business and making possible the instant delivery of residential construction information.

What is IHMS rating? ()

The rating of IHMS is 4.2 stars out of 5 and the total score is 81 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are IHMS's typical customers?

IHMS is suitable enough for businesses of all sizes. Industries that mainly deploy this software include financial, infrastructure, and technology. It is widely used by construction management firms, custom home builders and production home builders.

If you are looking to maintain a single database for all the important aspects of your business including service management, accounting, estimating and others, IHMS can be a viable choice for you. Home builders can use the single access point of the software to store, log-in and share data with other parties involved in the project.

Some noteworthy clients of Mark Systems IHMS include Main Street Homes, Hakes Brothers, French Brother Inc., and ROBYX Management LLC.

Is IHMS the best Construction?

IHMS is ranked 120 out of 441 software in their category (Construction systems).

What are their main features and functionalities?

Like other major construction business solutions, IHMS follows the modular architecture in which the entire system is divided into various modules. On this system, you will find such modules as project management, estimating, accounting, service management and integration.

The project management module of IHMS offers several useful features such as bidding, contract management, cost management, document management, daily log, and scheduling. The features of estimating module that you can benefit from include bid comparison, cost database, conceptual estimates, item list, and proposal generator.

The accounting module of IHMS offers you such features as bank reconciliation, accounts payable and receivable, general ledger, inventory management, materials management and purchase orders. Under the service management module, you have applications such as service agreements, service contracts, service quotes, and work orders.

IHMS also provides integration with Microsoft Access, Excel and Word. Its integration features include custom dashboard, triggered updates, unlimited custom objects and assignment creation.

What are IHMS's pros? (5 Pros)

  • IHMS keeps detailed track of LEED qualified home improvements for the contractors.
  • The software offers support for several major platforms including Windows and Mac OS.
  • IHMS is the only single-database, enterprise wide house-builder management system in the industry.
  • IHMS offers dedicated interface for several mobile platforms including Android, Blackberry, iOS and Windows mobile.
  • The software offers multiple deployment models of online, on premise, and mobile deployment.

What are IHMS's cons? (2 cons)

  • The software only supports English language which limits its user base.
  • While the software offers dedicated mobile interface for smartphones and tablets, it does not offer any dedicated mobile app.

Who are their main alternatives?

Some of the key competitors for Mark Systems IHMS include BuilderTrend and BuildTopia.

BuilderTrend provides a cloud based solution for residential construction companies and remodelers. Its main features include project management & scheduling with an information collaboration platform, along with a document management system for images, building designs and other related information. Other options include customer management & marketing, job bidding & estimation, as well as warranty & service management. The product can integrate with Quickbooks for financial management.

Mark Systems IHMS on other hand is focused only on home building and includes its own integrated accounting system. There are also options for managing land development, material purchasing & control, as well as sub contractors for large projects. Additionally it offers a design center which is a customer portal for tracking project status and requesting custom options as well.

BuildTopia however provides a number of the same features but is modular based. This means building companies can choose editions that focus on construction, sales & service based on their needs. Additionally it includes a CRM system for customer management & marketing, along with online bidding portals for sub contractors and suppliers. There is also a collaboration network which links different construction companies to leverage referrals, as well as project information to improve the building process.

Mark Systems IHMS however does not support these features, but it does provide portals for suppliers, sub contractors, service personnel as well as employees to have real-time access for their particular job requirements. Additionally these can be accessed via mobile devices at remote sites as well.

What is the cost of IHMS?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for IHMS

What should you ask Mark Systems Lmtd during a demo session? (65 questions)

Schedule a demo with IHMS and access 65 must ask questions for the vendor while watching IHMS in action. Visit the vendor's website here.

IHMS's list of categories:

Billing & Invoicing
Core Accounting
Construction
Construction Apps
Construction Project Scheduling
Construction Accounting & Job Costing
Home Builder
Homebuilder CRM
Web Based Construction
Contract Management
Warranty Management
Online Project Management

IHMS's list of features:

Accounting Management
Estimating
Project Management
Service Management

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.