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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. Without your own project management solution, you’re operating at a huge disadvantage and putting your business at risk.
At Viewpoint we strive to help customers streamline operations, decrease risk, increase profits and transform their businesses. The digitization of the construction industry is inevitable, and Viewpoint is at the forefront of construction software innovation. ” Award Winning Technology.
Celebrate construction technology and innovation with Viewpoint at this week’s BuiltWorlds Summit , April 11-13 in downtown Chicago. More than 60 speakers and presenters—including Viewpoint—will share more than 11 hours of groundbreaking educational presentations, panel sessions and more. Connect with the Viewpoint Team.
How Can Contractors Manage Risk? Risk itself, especially risk caused by large economic forces, isn’t usually something individual businesses can control. That being said, the best way to manage risk in the construction industry is to have a solid game plan. Which External Factors Should Companies Follow?
If so, make sure to swing by the Viewpoint booth (#311) or join us for a special technology forum to see the latest technologies designed to help contractors boost productivity and profit margins. Keystyle, which has spent the last several years developing these solutions for our Vista ERP, was acquired by Viewpoint in April.
Reduce risk and increase safety. Viewpoint conducted research that demonstrated construction organizations are using data and analytics to streamline current workflows and increase project profits. Subscribe to our Viewpoint Surveyor blog. Click here and a Viewpoint expert will show you how. All of the above.
Contractors are finding ways to modernize their businesses with software that improves productivity and mitigates risks, while increasing their bottom line. Viewpoint believes contractors benefit from cloud-based, integrated software solutions that connect the back office, the project team and the crews in the field.
When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste. Risk management. Be it legal, safety, costs, or delays, construction is a high-risk business.
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. Mitigating the Risks of Quality and Safety. We’ve put together 63 sessions specific to construction project management.
The cloud is making construction management much simpler, productive and profitable. Modern software ensures real-time and accurate data to better estimate projects, stick to budgets and timelines and maximize performance and profitability. Want to find out how Viewpoint can help? Benefits of Updates.
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.
When used wisely, leading-edge construction software and technologies can bring a significant return on investment and make your organization more productive and profitable. To make the most of new information technologies, you need to know how they all work together and what’s worth (and not worth) the investment.
Technology is transforming the way contractors operate, boosting productivity and profitability and promoting innovation. From business continuity planning and managing changing accounting standards and workflow to attracting key talent and mitigating project risk, technology is helping improve productivity and profitability.”
This is your opportunity to maximize the value of your Viewpoint software, leveraging it to meet your needs. Accurate, real-time project information is essential to identifying jobs that are at risk for profit fade, not to mention to remain competitive in the construction industry. Mitigating the Risks of Quality and Safety.
In the first of a new series of exclusive Viewpoint client Q&A sessions, Josh Snow, project engineer with Garney Construction, gives his take on the construction labor challenges facing our industry. Viewpoint: How do you see technology changing how work is done on the jobsite and in the back office?
Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse. You know how much profit a project is making at the COMPLETION of the project. But you do not know how much profit a project is making on a month by month basis during the course of the project.
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. Construction is never without risk, but working smarter means working safer. Neglecting Safety Measures.
It doesn’t appear to solve the needs of a growing construction organization —projects with modern demands that need to be completed quickly and with minimal risk. The features are insufficient including no or limited visibility into job cost and contractors can’t see up-to-date project information — instead just rolling with the punches.
Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. Reducing Risk and Increasing Safety. Several construction data trends have emerged recently. Diving Deeper into Construction Data. Bidding Smarter and Winning More Work.
What’s better for your organization’s productivity and profitability than a construction-specific, integrated ERP? The ability to work with data in real-time that cloud-based construction ERPs provide enables faster, smarter decision-making, which leads to quicker projects, with less risks and higher profits. Consider the Cloud.
Soule are using BI technology to dramatically improve productivity and profitability. The larger the job, greater the amount of data and potential for unplanned costs and risks. Endless Opportunities for Today and Tomorrow.
At a bare minimum, you’ll need the following for your accounting function: profit and loss report, balance sheets, trial balance and trading summaries. These basic reports are critical to business profit and loss, and if your system can’t seamlessly pull them all in a flash it’s time to take a look at what else is out there.
Put simply, disconnected systems increase risk. It’s evident that what’s needed to be efficient and profitable is to enable staff to be plugged into the same integrated system as the rest of company. It’s the only way to ensure that staff have quick access to the data they need in order to make informed decisions.
Over the past few years, we’ve seen a significant boom in the amount of technologies construction companies are deploying to streamline workflows, improve productivity, expand the scope of projects, expand access to data, enhance collaboration and generate stronger profit margins.
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.
With violations often resulting in enormous fines and serious punishments (a case in point is the current ramifications of using polyethylene core-filled panels currently affecting firms in Melbourne), companies are placed in a position where they walk on tiptoes or risk putting their operations in hot water.
Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. A Challenging Industry Warrants Sophisticated Tools.
Web-based construction software can help you increase estimate accuracy and improve the profitability for the work you gain. Detailed take-offs and bids, referencing historical data and experience, calculating the scope of a project and more in an efficient and consistent manner lessens the risk of incurring a loss on the job.
If you’re a contractor interested in how technology can boost productivity, explore Viewpoint’s software solutions , which streamline processes, improve collaboration and provide tools to better understand and control projects. These integrated construction software solutions improve productivity, mitigate risks and increase profitability.
Think about your products from your prospect’s viewpoint: Is there anything—and anything else—your prospect should know about your product? Are there other ways your customers use your products that other prospects and customers would find interesting, useful, productive, or profitable in their business? And if so, then how?
Here is a monthly viewpoint article, published in Ottawa Construction News and the GTA Construction Report. An intriguing business question how to decide when to adhere to convention, and when to risk something new. In fact, when we stop risking, changing, testing and growing, we often slide down to failure. By Mark Buckshon.
While I agree that we’ve undersupplied the market, that viewpoint misses one important point: Look at all of the completed spec homes that don’t have a buyer. It’s been a difficult couple of years, but most everyone in the supply chain did make a profit. What Will It Take to Achieve Housing Affordability?
Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. An idle crew waiting for a replacement machine or repairs can add unexpected costs that skew project profitability. Multimedia. Special Reports. Annual Photo Contest. Photo Contest Archives.
As a result, the technology tools available often stifled collaboration between these external stakeholders, who had limited access to key budget and profitability information, which makes it very hard to run a successful business. It allows you to schedule the frequency of syncs and reduce the risk of data loss while streamlining workflows.
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.
The firm noted last month improved operating profit for its North American environmental-infrastructure segment. He says the approach has boosted "cost to capture" by up to 10 times, creating a challenge for small business in managing added risk. Multimedia. Special Reports. Annual Photo Contest. Vote on Photo Contest Entries.
As an owner, your everyday list of todo’s seems to boil down to two things: increase profit and reduce risk. 360 Sync integrates Autodesk Docs and BIM 360 Docs with Viewpoint 4 Projects, BlueBeam Studio Projects, Asite, Citrix Files, Procore, Box, Dropbox, Egnyte, ShareFile, Google Docs, & many more!
This application of the construction tendering process reduces the risk of non-success. Value for money – from the buyer’s viewpoint, the tender will offer a suitable estimate of money waste. Insufficient profit limitation to permit for R and D current and requirements. What Are the Risks of Tendering?
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.
Conflicts and other project risks can delay work and negatively impact bottom lines. 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.
Ariel will share his tips and tricks for fostering relationships with all stakeholders and minimizing risks for future projects. . How to Exceed Project Profit Margins by Leveraging Data & Workflows. As such, construction managers and planners are often pressured to constantly maximize profitability. .
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