This may or may not come as a surprise, but there are still many construction firms operating on outdated, disconnected systems in today’s digital economy. These organizations are unknowingly denying themselves the amazing benefits brought by implementing cloud construction management software.
NexTec, in collaboration with Acumatica Cloud ERP, has created a new and complimentary Whitepaper demonstrating the importance of investing in the right construction solution within cloud-based ERP software (also referred to as construction management ERP software). 5 Undeniable Benefits of Cloud Construction Management Software explains how this modern, mobile technology helps construction teams communicate easily and efficiently with each other, their clients and their vendors; update projects; store critical documentation; and track project costs.
What does this lead to? Undeniable benefits.
Undeniable: Cloud Construction Management Software Benefits
The benefits of cloud construction management software seem obvious, but if the benefits are not experienced firsthand, they may be anything but. To show construction firms what they can expect if they choose to modernize with cloud software, let’s take a high-level look at three of the five undeniable benefits discussed in the Whitepaper.
- Track Projects in Real Time
What construction business (or any business, for that matter) doesn’t want project information in real time? Cloud-based construction management ERP software provides a single, centralized solution that can be accessed remotely. It stores, synchronizes and shares updated and accurate information between accounting and project management teams. Every aspect of a project, from task completion and time by employee to budget accuracy and payroll details (and more), is immediately available.
- Eliminate Costly Delays
As benefit #1 shows, tracking projects in real time puts everyone on the same page at the same time. The almost instant information at every employee’s fingertips eliminates costly delays. For example, if RFIs, project issues or timecards are changed in the field using a mobile app, the information is accessible by the accounting team. In addition, double data entry and manual processes go to the wayside, saving time and easing frustrations.
- Streamline and Enhance Communication
Clear communication is a foundational requirement for any business. Unfortunately, those in construction who have yet to utilize cloud-based construction ERP software have had to use outdated, time-consuming workarounds to convey critical information. With the right solution, like Acumatica and Acumatica Construction Edition, a simple, user-friendly Outlook Add-In and synchronized data work together to help construction firms:
- Eliminate email clutter
- Condense multiple processes
- Identify and proactively address issues
- Centralize document storage
- Track projects from job-specific dashboards
With cloud ERP software, organizations can communicate time-sensitive project information company wide quickly and efficiently.
Smart, Forward-Thinking Companies Moving to the Cloud
Competing successfully in the construction industry is almost impossible with paper-based processes, manual workflows and limited communication. The Whitepaper notes, “Smart, forward-thinking firms are moving their businesses to the cloud.”
As more and more construction companies recognize the undeniable benefits of industry-specific and cloud-based software like Acumatica Cloud ERP, they are beginning to make the switch from QuickBooks, a simple accounting software, as well as from other outdated, disconnected solutions. However, before they do, they will need to research their options, focusing on the accounting and construction software features they need for their specific business needs.
For Construction Pros, which declares construction management software one of their trends to watch for in 2021, discusses what to look for: “Choosing the right construction management software is important for your business. Begin with looking at ease of use and integration with other existing software. Look for scalable software that fits right now yet will help manage your needs as those needs multiply. Evaluate customization options, upgrades, and additional features, and check for availability of support and training to get up-and-running.”
NexTec recommends Acumatica construction. It’s a robust and flexible system for construction companies desiring a 360-degree-view of their finances, projects and operations. Control projects, manage costs, regulate schedules and manage documents from a single system with 24/7 access. And do all of this and more with Acumatica’s unique pricing model, which charges for resources used, not for the number of users.
Download 5 Undeniable Benefits of Cloud Construction Management Software to learn the other two undeniable benefits. The consultants at NexTec, a consulting company with over 26 years’ experience specializing in implementing ERP, CRM, BI, Cloud and On-premises solutions, are available to answer any questions. Contact us today. We’d love to chat.