Hi David,
Thank so much for your thoughts. We are hopeful that with the establishment of standards by CFMA and AEMP that ERP and data analytics software vendors will develop reports and dashboards. You raise an interesting thought regarding a standard import template to upload the survey data. That is something I will discuss with our group for the future.
On the data, I trust that we will get credible information from the equipment managers and financial folks, especially since we are starting with an educated group of AEMP and CFMA members and have a third party in Industry Insights processing the survey data.
Thanks, --Rich
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Richard King CCIFP, CPA
CFO
Schlouch Incorporated
Blandon PA
(610) 926-7070
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Original Message:
Sent: 01-11-2023 10:16
From: David Beachy
Subject: Heavy Equipment Comparator - Still Time to Complete
Rich:
I applaud the effort but really feel the bigger step is establishing a software partnership where the Construction Equipment Maintenance Software players (standalone or ERP integrated) establish an AEMP partnership that collects this diverse data more uniformly in each respective software, for entering into the Comparator tool. It would seem to have more accurate future comparative value. My hesitation is that EM mgrs. may be inclined to estimate their own shops in a glorious favorable light.
Any thoughts?
David Beachy