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Business Management and Process Consulting Blog

Why Real-Time Reporting Could Make or Break Your Construction Business

Posted by Keith Greeno on March 25, 2019 at 7:30 PM


When it comes to construction reporting, timing is everything -- the closer you are to real- time reporting, the better your opportunities to respond to emerging project issues.  Success in the construction industry is dependent on timely, accurate reporting that gives you a wide-angle view of your operations with zoom-in capabilities.  As a construction owner or manager, how can you consistently make good decisions without real-time reporting? If you are using QuickBooks or Sage 50 for your accounting, you are likely using Excel or some other stand-alone solution to track your projects, resulting in decisions based on outdated, inaccurate data. These decisions could result in significant project issues which could break your company.

Construction-specific software makes it easier than ever to make informed, timely business decisions. Getting the financial big picture is no longer a big hassle -- and no detail escapes you because all details are integrated in a central system with a single source of project data truth.

You can keep key project personnel in the loop by capturing and sharing valuable site-specific data; and that information is accessible even when you’re not in the office, keeping you more in touch, and more in control, than you’ve ever been before. How improved would your decision making be if you had accurate, timely information at your fingertips whenever you wanted it? How long can your business survive when project cost overruns occur due to your inability to respond to issues as they are happening?

Current construction-specific software solutions are able to provide real-time reporting that can make or break your construction business.  Sage 100 Contractor is one construction-specific solution that features user dashboards, custom alerts, and over 1,200 built-in reports. It gives you that complete wide-angle view of your operations with drill-down, zoom-in capabilities to the details.

https://www.asyma.com/sage-100-contractor

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Topics: Productivity, Business Process, Project profitability, Guiding Great Businesses, Sage 100 Contractor, Mobility, Construction Software, Project Costing, Estimating, Construction Reporting, Budget Vs Actual



How to solve poor project management communication

Posted by Keith Greeno on November 7, 2017 at 10:34 AM


Is poor project communication killing your business?

The single biggest problem in construction project management is communication with everyone involved in the project.  This is compounded by the fact as stated by George Bernard Shaw that “the single biggest problem in communication is the illusion that it has taken place”.

Therefore, anything that we can do to improve real communication will greatly enhance and improve our project management. So why in today’s fast-paced, construction environment, doesn’t everyone on a project have access to up-to-the-minute information from a convenient and easy-to-use online source? Why would project managers continue to struggle to communicate with everyone the old way when cloud-based information is easily available anytime, anywhere. This type of sharing saves time, reduces errors, improves collaboration among team members, reduces confusion for everyone involved, and keeps all parties well-informed. The new technology for accounting project software allows everyone to communicate better, get timely, convenient, access to all types of contract and project-related documents, photos, files, and more.  They allow everyone on a project—including the project managers, project team, architects, and subcontractors—to find, share and track all project documents and transactions from the office or worksite.

The technology is available to greatly improve communication on all projects and reduce the illusion as well. So why aren’t we all using it? Take a look at what these easy to use project management systems can do to assist with communications and help keep us competitive Click Here  

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Topics: Project Management, Productivity, Construction, Business Process, Guiding Great Businesses, Communication, Construction Technology, Sage 100 Contractor