Dexter + Chaney Execute Growth Initiatives
New product functionality, partnerships and website follow Equity investment from Pamlico Capital
Dexter + Chaney, providers of Spectrum Construction Software, accelerated its growth initiatives in the first half of 2015 following the significant equity investment in the company by Pamlico Capital, which was announced in January. The strategic measures have included new product functionality, new technology partnerships and the launch of a new company website.
New Spectrum functionality, including Spectrum Workflow and Job Compliance Tracking have been released, and multi-currency functionality will be added in the next software release later this year.
“We have long recognized the construction industry’s need for better communication between the field and office,” said John Chaney, Dexter + Chaney’s CEO and co-founder. “At Dexter + Chaney, we’ve been able to realize a vision of providing clients with smart, powerful and easy-to-use construction software solutions to do that just that, and helping our industry move away from cumbersome software systems and processes.”
Dexter + Chaney has a history of partnering with other technology providers such as ADP, Textura and Comdata. Recent technology partnerships include:
- Axia Payments—permits Spectrum customers to collect payments via credit card and reflect those payments in Spectrum.
- FieldConnect—complements Spectrum to deliver a fully integrated field service solution to larger and more sophisticated clients in the field service industry.
- RenovoFYI—enables clients the ability to create sophisticated financial reports reflecting real-time information within Spectrum.
- Nelco—enables W-2 electronic filing in all 50 states as well as optionally printing and mailing those W-2s directly from Spectrum.
Strategic business partnerships have also been a focus for Dexter + Chaney’s growth objectives. Already having a solid lineup of business partners and resellers in different regional areas throughout the United States and Canada, Dexter + Chaney has established partnership relationships with Coast Software and OnPoint Software Consulting. Coast Software represents Dexter + Chaney and Spectrumin the Louisiana, Mississippi, Alabama and northern Florida markets. OnPoint, meanwhile, represents Dexter + Chaney in the Missouri, Oklahoma and Arkansas markets, and recently just added longtime construction industry technology consultant Tom Cofer, who will expand OnPoint’s reach into the Louisiana and northern Texas markets as well. Additional business partner agreements are expected to be executed within the next several months.
