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Throughout the year, I talk to a lot of construction business owners and accounting staff who are considering a change in their construction accountingsoftware. However, I like to approach the question a little differently, because while I like when companies choose my software, I want the change to be best for them.
How to Maximize Equipment Accountability for Enhanced Productivity ccapoccia Wed, 11/08/2023 - 08:17 Accountability is the linchpin that holds together a well-oiled operation, especially when that operation consists of many moving pieces of equipment.
Decision-makers need to have access to real-time data to steer the company in the right direction, and those managing projects on the ground need clear communication from the office to execute projects efficiently and effectively. percent of them still use spreadsheets for construction project management.
The majority of construction companies are using a variety of software solutions for accounting, project management, estimating, and other important functions. The 2017 report includes many insights about software use in our industry. percent of respondents—the largest group—reported only using two software applications.
In the past, the marketing and accounting functions within a company were not frequent collaborators save the annual budgeting or forecasting process. Today, thanks to technology, software and systems, marketing and accounting teamwork is not only possible, but effective. Marketing and Accounting Harmony.
Exploring the software essentials that push profits & productivity. Whether you self-perform or manage subcontractors, you need access to accurate, timely information so you can make the strategic decisions that will move your projects—and your business—forward. Angela Bloomer Director of Product Management. cloud software.
Editor’s Note: This is Part 1 of a five-part series on Construction Project Management. How those projects are managed can make or break the company. That makes project managers (or in some companies, project sponsors who oversee teams of project managers) arguably the most important role in an organization.
Understanding Tech Options & How They Impact Operations ccapoccia Mon, 04/10/2023 - 08:12 Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure.
Construction management is no easy task, as today’s contractors have a lot to juggle: job costs and budgets, progress reporting, overseeing subcontractors, field crews and schedules, materials and equipment, constantly moving timelines and much more. How to Choose Construction ManagementSoftware.
In case you haven’t heard, construction software use is on the rise. Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. Choosing a Dependable Software Provider for the Long Haul.
There’s an industry transformation happening in construction, driven by modern technology, and these changes are significantly elevating construction management. Contractors are finding ways to modernize their businesses with software that improves productivity and mitigates risks, while increasing their bottom line.
While financial information may not be as in-depth, our industry works on billion-dollar projects, with large amounts of money and account numbers changing hands on any given day. Security and data privacy is critical to construction managementsoftware. Security solutions. Security solutions.
Editor’s Note: This is the final installment in a five-part series on Construction Project Management — how innovative technologies and software are helping project managers streamline processes to build faster, smarter projects. The largest group of respondents in 2017 reported using only two software solutions.
Accounts payable (AP) tops that list, as businesses literally can’t function without processing payments. Join construction accountingsoftware expert Jim Campbell and learn how to: Cut cost when recasting your budget. Accounts Payable. Increase productivity and improve existing AP processes. Scale for future growth.
Construction software can have a big impact on the productivity of a company, especially when selected thoughtfully and implemented wisely. Viewpoint has been creating software for contractors, including those in the mechanical trades, for 40 years. Is Your Software Cloud and Mobile Friendly?
Viewpoint Team improves project manager data self-sufficiency by providing job cost and billing actuals data without jumping to another application. Although project managers have broad responsibilities, keeping track of job financials is key. One of the many reports project managers can access via Team.
To keep things organized, most contractors use technology in some capacity to facilitate day-to-day workflows for project management , scheduling, accounting , estimating and more. For project management specifically, 46.1 For project management specifically, 46.1 Other project managementsoftware (28%).
Construction projects are complex, and project managers have to take many factors into account. Fortunately, construction scheduling software makes it easier to keep your project on track and stay in control. 5 advantages of construction project scheduling software. The best construction scheduling software.
HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. Managing the hundreds, if not thousands, of moving pieces, people and processes and the data connected with each across each project can be an epic task. Spectrum: Using Workflow to Manage Payroll Time and Purchase Order Approvals.
Most construction business owners who use accountingsoftware quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1
Editor’s Note: This is Part 4 of a five-part series on Construction Project Management. Often, project managers work with information culled together in reports generated in software systems that cannot pull data until it is fully processed or individual phases of the project are completed.
Technology Won’t Help Construction’s and Facilities Management’s Legacy of WASTE simply because technology simply automates existing processes. Thiis is a fact that few software vendors want you to know. Organizations select software as a solution for one reason, it’s easy. Not Rocket Science.
Software technology is evolving rapidly and construction firms are embracing Cloud Adoption, Accounting/Finance, CRM and mobile technologies. A recent study by the Business Software Education Center identified planned investment and implementation of key technologies among construction and other executives in North America.
The right construction managementsoftware can help construction organisations stay on top of compliance issues. And even if your company has satisfied all the necessary accounting procedures, quality assurance controls and safety measures, auditors will still come in and rigorously check on all your documents, reports and processes.
That’s why effectively managing these changes is crucial to contractors’ success. These mistakes and delays can have a significant impact on your bottom line as a contractor — and leave your clients unimpressed with your teams’ abilities to manage projects. The Problem with Paper.
Effectively managing the materials on jobsites with modern software can have a significant impact on contractors bottom lines. But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly. Maximizing Materials Management.
Having the integrated software to connect the office and field can help avoid costly project delays. For many contractors, the accounting enterprise resource planning (ERP) software is the system of record for data, regardless of whether it’s accounting or operations. High Costs and High Risks.
MCM is a CPA firm with a team of accountants dedicated to construction accounting. With advanced construction software to help you, identifying your direct costs on a job is probably pretty easy. Not Keeping Up with Technology and Construction Software. Construction Management with John Chaney'
Editor’s Note: This is Part 3 of a five-part series on Construction Project Management. Previously, we looked at the complexity of construction projects and the importance of the folks working on project teams—especially the project manager who has to keep all people and processes moving on a daily basis.
Editor’s Note: This is Part 2 of a five-part series on Construction Project Management. Last week, we talked about the complexity of construction projects and the role of the project manager in managing the processes behind them. Hire bad people to manage and build the project? Championing Construction Collaboration.
CDT As a result of economic and cultural trends, construction organizations today are increasingly relying on technologies that increase efficiency — especially in accounting departments. Promote to rotator No Rotator Image Status of webinar Featured Thu, 06/22/2023 - 12:00 1 p.m.
Construction organizations are relying on modern software for accounting, field management, project management, bid management, design and more. The not-so-good news is that many organizations adopt software at the project or regional level, so it often doesn’t connect the entire business.
Their teams and budgets are leaner, so every investment must be carefully considered—particularly when it comes to tools like construction managementsoftware. . Digital solutions have become “must” haves (vs “should” haves) for construction management over the last few years. What is Construction ManagementSoftware?
Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Understand the Effect on Construction Accounting. As we’ve discussed, the changes will definitely affect contract accounting at your business.
There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is.
Here is a look at our tracks by role for this year’s conference: For Project Managers. We’ve put together 63 sessions specific to construction project management. Learn all about to how to better manage your project teams using Viewpoint software. For Service, Field and Operations Management. For IT Professionals.
Managing construction projects is hard enough without the additional burden of wrangling reams of paperwork or trying to get multiple software programs talking to each other. That said, far too many contractors today are still conducting operations with outdated software and/or manual processes.
Having integrated software is key to your success as a modern contractor. In your search for a suitable project management system for your construction business , you will no doubt be faced with the challenge of narrowing down many options. Integrated software (like Viewpoint’s Jobpac Connect ERP ). Field defects management.
So often, though, multiple construction software programs and disconnected silos of information limits, delays or strangles the success of a construction project. Part of the blame lies on disjointed software solutions. Instead leading to time-consuming and hassle-inducing calls to accounting to run a job cost report.
Here are 10 ways technology and software are already working to increase productivity: . Leading-edge software and technology are helping contractors streamline construction processes with tools for mobile data capture, automated workflows and more. Improve Project Management. Streamline Processes. Create One Source of Data.
However, HR functions are often overwhelmed managing manual tasks for employees and need help. Take a look at what some of our customers are saying about the benefits of Viewpoint HR Management. . Take a look at what some of our customers are saying about the benefits of Viewpoint HR Management. .
Working with cloud-based, integrated construction software can keep everyone on the same page by providing equipment, materials and worker status visibility, project progress and productivity and timeline transparency — all in real time. As a leader or project manager on the job, you have to make decisions that keep projects moving.
These tools enable construction professionals to rethink every aspect of project planning, execution, and collaboration, whether it be through the use of project managementsoftware, virtual reality (VR), or building information modeling (BIM).
With 4 different ways to estimate, you’ll love using STACK’s cloud-based software. Or, if you have a software you prefer to generate your own proposals from, you can build your estimate in STACK and access your data elsewhere using our estimate filters and reports. Estimate Your Way in STACK. Thu, 08/25/2022 - 11:17.
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