Cloud-based business ERP designed specifically for construction businesses can change the game by delivering automation, speed and real-time insights.
Previously, many business owners weren’t even aware that they existed.
However, factors such as COVID, climate change, material shortages, high demands, and rising costs have caused a shift in the industry.
According to a study by MYOB, around 95% of construction firms invested in digital technologies during the pandemic.
In addition, a research by McKinsey & Company shares that “the next normal in construction” will focus on the digitalisation of construction processes and smart technologies.
The same study shared:
“Digital technologies are enabling better collaboration, greater control of the value chain, and a shift toward more data-driven decision making”
So, are you curious to know how technologies can slash your costs and maximise your profits? Find out more below:
The cloud is changing construction for good
Here are three reasons construction companies are making the switch:
- Real data in real-time
Connect users in multiple locations for real-time oversight of every project – and the ability to spot minor issues before they become major headaches.
- Less manual work, more accuracy
Let your platform take over your paperwork, reducing the need for your staff to spend time on repetitive manual tasks.
- Transparency, accuracy, happier customers
Keep clients informed and set realistic expectations from the beginning – data from past projects feed into budgeting tools so you can create accurate quotes and timelines.
Learn more about the potential benefits of a business management platform with our free Technology in Construction Guide.
Discover cloud-based ERP for construction businesses