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At the same time, you’re trying to keep a close eye on your own jobs, profit margins, invoices, personnel, equipment, drawings, and more. When profit margins hover at only 3 per cent, an entire project gain can be wiped out with one mistake.
She discusses her experience with moving to the cloud-based Viewpoint. (If Viewpoint: For anyone who might not know, can you tell us a little bit more about Hatzel & Buehler ? Viewpoint: Predominantly, what type of work do you do? Viewpoint: So, what is your main mission for your clients? Viewpoint: Excellent.
The answers ranged from finding quality employees to wanting more control over project documents. Intense bidding competition is driving prices so low that contractors cannot both make a profit and perform quality work. One theme, however, seemed to dominate the thread.
Why building sound communication and documentation practices is critical to construction projects. Without proper documentation and good communication practices, important information can be lost or doesn’t get to the right person at all. This can lead to angry clients, frustrated employees and loss of profit.
This is your opportunity to maximize the value of your Viewpoint software for your role in project management. Learn all about to how to better manage your project teams using Viewpoint software solutions. Drawings and Documents in Team — A Single Source for Truth. Building an Information Bridge Between Field and Office.
That’s why we are dedicating an entire educational track just for you at this year’s Viewpoint Collaborate User Conference, Oct. There will be a total of 38 sessions specific to construction executives who have teams using Viewpoint products. Implementing Process-Driven Profitability: What You Need to Hear.
At Viewpoint and throughout the construction industry, productivity has been a popular topic of discussion. Lagging productivity hurts contractors in many ways, including lost jobs, low profits, and unnecessary headaches like change orders and rework. Streamline Processes. Drones and other technologies assist with jobsite tracking.
Viewpoint product experts highlight challenges contractors face and how Viewpoint’s comprehensive suite of software solutions can help solve those challenges. It’s a great idea,” said one general contractor attendee after our first 2019 Take 15 webinar on Using Construction Data to Manage Profit Fade. Well done!”.
As we’ve discussed on Viewpoint Surveyor in the past, JBKnowledge’s Construction Technology Report from 2017 found that 83.1 When you remove paper from the equation, chances of miscommunication, errors and lost documentation are dramatically reduced. They can search digital documents or pull the data they need much more quickly.
Document and compliance management features of these software packages make it easy to stay on top of project requirements, ensuring smoother workflows in both the office and on the jobsite. The end result is better-built, more profitable projects that meet or exceed industry standards.
Without well-integrated systems, you may have different versions of necessary documents living in different systems with potentially different data, muddling the facts and opening you up to making critical mistakes. An issue arises and the project manager can’t track down documentation to verify if a task was completed.
The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. This adds up to smarter, safer projects that are ultimately more profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. But they also know that working smart helps limit issues.
Using software that allows for real-time collaboration, questions get answered quickly, fewer mistakes are made and work is completed quicker, ensuring that projects are more profitable. Every single benefit of integrated construction software comes with a cascade of rewards, all working together to create a new environment of efficiency.
For larger businesses, such sanctions can critically impact business cash flow in the short term and due to reputation damage, profitability into the long term. Clarification can be documented and recorded to ensure compliance and accuracy. If they raise any flags, your compliance will still be in question. But most importantly….
Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.
Paper forms in the field, heavy books of plans and drawings and other tree-sourced documents can also get lost or revised so many times to the point that no two people on a jobsite have the same information in front of them.
Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m.
Construction projects all too easily run over budget and behind schedule, and in an industry with thin profit margins, that can be a big problem. Communicating by phone, email, paper documents and other traditional methods may be comfortable for people, but it also takes time. Plus, they can boost cost savings by increasing efficiency.
Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. To streamline data analysis, data across the organization — from accounting to project management to document collaboration to operational workflows — needs to be uniform.
Spectrum’s Work Order solution—the tools you need to keep operations profitable and clients satisfied. Field Tech allows for electronic signature capture and document imaging in the field as well. Track the make, model, serial numbers and locations of all serviced equipment. Verify warranty and service coverage information.
Spectrum’s Purchase Order solution fully integrates with other Spectrum functionality, including Accounts Payable, Work Order, Equipment Control, Preventative Maintenance, Document Imaging, Inventory Control, Time + Materials and Job Cost. Manage open commitments and their impact to job profitability. Spectrum Overview. HR + Payroll.
In an industry as large and complex as construction, simplifying processes in any way possible can reap significant benefits for contractors in terms in of productivity, mitigated project risks and profitability.
of respondents in this year’s report are using dedicated software for accounting , with Viewpoint topping the list as 18.6% As the 2018 Construction Technology Report notes: “Unfortunately, contractors are still relying heavily on spreadsheet, email and document storage solutions…”. While 79.9%
I found myself wishing that there was a neutral corner to which each opposing viewpoint could be sent for a standing eight count in order to clear their minds and start the discussion over. document management. I could write many pages on this topic but will boil it down to a singular point. Construction Accounting Software.
As an owner, your everyday list of todo’s seems to boil down to two things: increase profit and reduce risk. Handover documentation. This helps track, collaborate, and manage documents, issues, RFIs, and sheets. This is why it pays to improve visibility and collaboration with construction teams through technology. Resolve .
They are implementing project and field management tasks, document controls, and third-party collaboration to extend beyond the internal focus of an ERP. Operations teams, who are responsible for managing projects and ensuring profitability, increasingly assert themselves as crucial stakeholders in software procurement and adoption.
The key to development of a good cost estimate is to approach it from a prospective contractor’s viewpoint. This means the estimate should include (1) the direct costs incident to the construction; (2) an allowance for indirect or overhead costs; and (3) an allowance for a reasonable amount of profit. Construction Cost Estimate.
Its interesting to hear about the user research that has been done, and to see some of the differences that exist between the United States, Great Britain and Germany, all "western" countries in terms of how we build buildings, how we use tools and how we document the buildings to be built. Revit It (francois). BIM)X: A contractors BIM blog.
You need software systems that not only allow, but in fact promote the smooth flow of data and documents to the systems you use. NTI: Seamlessly import Revit models from Autodesk Build, Autodesk Docs or BIM 360 Docs to NTI Connect to easily prepare specification documents for construction. Smartsheet and Microsoft Power BI).
A tender will be a draft legal paper in which a particular act will notify official documents and discharge the capable artisan interested in filling it and taking the project. An architect can remove their tender documents at this point if they former willing to race for the tender. Tender Opening and Evaluation Process.
The benefits of collaboration may include fewer changes and rework, a higher likelihood of an on-time delivery, higher profits, fewer wasted materials, and other important positives. Each member of the construction team is forced to compete with the others to earn a reasonable profit; delays, conflicts, and disputes are common.”.
Ivana shares how Mace saved 50% of their time spent on coordination and reporting by using BIM 360 Document Management and Model Coordination. How you approach the preconstruction phase—which involves ironing out your plans, designs, and documentation—can make or break the ease in which you move through a project.
And, three Viewpoint clients were honored as this year’s Viewpoint Technology Award winners. These companies demonstrated innovative, forward-thinking approaches to technology, using Viewpoint solutions to solve important business challenges. The 2018 Viewpoint Technology Award Winners.
Viewpoint CEO Manolis Kotzabasakis welcomes attendees to Portland and shares highlights of the past year. As Viewpoint CEO Manolis Kotzabasakis noted in this morning’s keynote address at our Collaborate 2018 user conference, “a digital transformation has begun.” It’s an exciting time to be in construction. increase in gross margins.
Viewpoint, which has been a key CFMA partner for decades, and is again playing a key role in the annual conference, bringing leading-edge construction technology to CFMA members. Solutions like Viewpoint Field Management will be shown during Viewpoint’s Construction Technology Forum at the CFMA conference.
That’s why Viewpoint consistently reinvests more of its revenue back into research and development than any other company in our sector. We’re committed to helping our clients grow and profit by embracing and deploying the latest construction software and technologies. Integrated Project Management.
Sometimes there is little bearing on ongoing operations, but, depending on the nature of the conflict, these disputes can have serious ramifications which have the potential to cause brand damage, profitability issues or human resource issues. The more complex or confusing construction processes are, the bigger the changes of errors.
That’s why Viewpoint consistently reinvests more of its revenue back into research and development than any other company in our sector. We’re committed to helping our clients grow and profit by embracing and deploying the latest construction software and technologies. Integrated Project Management.
All the relevant information regarding the development of a project must be documented, as this will later be presented to the clients as evidence. The associated risk inherent in the alternative proposals are determined, documented and solutions proffer in advance (James, 1994). DISCUSSION.
By adapting the latest construction technologies and embracing true construction business intelligence , contractors can produce safer, more efficient, higher-quality projects, while growing beyond what have been historically razor-thin profit margins. Concerns over Drone Security. The MTR Corp.
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