Construction Estimating Software A Must To Keep Up With Your Competition
Many construction companies and contractors still have not embraced construction estimating software technology as a required business survival tool. For that matter, many have not embraced technology period.
Remember in today’s brutal market, survival is directly related to being a leading company that stays ahead of the competition, maintains loyal customers, and always makes an above average profit. Proper automation and utilization of Cost estimating software estimating software can allow a struggling construction company to get out of the doldrums and become seriously profitable.
Sadly, some surveys even indicate that staying on the cutting edge of technology was just not a priority with many construction companies. For those that do care, most of these companies are scrambling to catch up with computerization, construction estimating software, backend software management systems, etc. and are too often content doing the minimum to stay even with their competitors and customers.
One of your company’s goals should be to become a technology leader. Consider hiring only those project managers or superintendents who are totally literate in email, word processing, scheduling, and construction estimating software.
Failing to cater to your customer’s needs and demands for your implementation of technology can cost you business; it can make or brake your company. Over 75% of contractors use email to correspond with customers and 65% to communicate with architects and engineers. A growing number of contractors use the internet for job correspondence with other contractors, subcontractors, or suppliers. Virtually all construction buyers feel that contractors using construction estimating software provide more accurate quotes.
Many times contractors reluctantly follow their customers’ wishes, but don’t embrace technology for their own business and project management practices. Only about 10% use the internet to submit invoices or progress payments to customers, and virtually none use the internet to transmit their construction estimating software bids.
The construction industry is considerably behind the times compared to others. In the retail business, products are ordered, produced, shipped, paid for, and re-ordered without a single piece of paper.
Construction still requires paper invoices, original and notarized signatures, conditional and final lien releases, joint checks, architect and bank inspector approvals, and copies for everyone involved. This is distressing because most of these paper functions could be made completely paperless it the proper technology, processes and construction estimating software is implemented.
Computers are becoming more of a required tool as at least 50% of project managers carry laptops while only around 25% of field supervisors have or use a computer. Many of these computers are used only for email and basic communications but very few are using these computers to dynamically link their construction estimating software and backend systems to the field