Construction companies upgrade their construction software for lots of reasons. One of the main reasons being to improve, you guessed it, performance. This includes being more profitable and more efficient, both in the field and the office. There are many ways to improve performance working with construction software, including choosing the right software, getting an ERP solution, changing processes, gathering data, and using analytics.
1. Get the right software for your business
One size software does not fit all. Before selecting construction software for your company, you need to do research to make sure you’re selecting the program that is best for your company. Get something too simple, and you’ll quickly outgrow it. Get something too complex, and you’ll never use it properly or understand what the data is trying to tell you.
Start by assessing your current system, even if you’re still using spreadsheets. Determine what’s missing and what information you wish you had. Shop around and look at multiple software options. Don’t rush this process or you’ll quickly be overwhelmed by all the information you receive. Look for software that allows for flexibility and growth in your company and the data you collect. You’ll want to be able to grow into the software and still have it serve you several years down the road.
Choose the software package that best suits your needs and gives you the most options for additional data collection. Some software packages target specific contractor types or are better suited for certain trades. Choose one that fits your company and the work it does, both now and into the future. Choosing the right software lays the groundwork for improving your performance and improving efficiency.
2. Get an ERP
An ERP software program, or enterprise resource planning, offers companies a holistic view of their operations and finances. In the construction world, it combines project management and accounting into one solution that is linked by data. This type of software solves a critical missing link in construction – it links the office to the field. Information entered in one area can be immediately seen by the other, making real-time decision-making possible.
ERPs have several advantages over standalone accounting software, including the ability to see data in real time, integrated data, and a larger view of company performance. All of these allow management to assess and act on trends in the business. They can spot problems both in the field and the office and proactively address them.
3. Don’t be afraid to change
New software often brings new processes. No software program does things the same way as another, and companies need to be flexible in changing their processes. Using the software’s process will improve efficiency and avoid extra work. It can also allow for additional data collection, which can be beneficial in assessing productivity.
New software provides the opportunity to learn more about the company and its processes through the collection of additional data. Even though the company hasn’t collected certain data in the past doesn’t mean you can’t learn from the information.
4. Gather data
Data is key when it comes to improving performance in construction. By being able to gather data from both the field and the office, management can assess performance companywide and make improvements to increase efficiencies and improve performance. Without this data, management must rely on anecdotal evidence and assumptions about what is happening on site.
When companies gather more data, they have an opportunity to learn more about the company. With limited information available, management has to make assumptions to fill in the gaps. But with concrete information coming from the field, management can monitor both growth and performance in real-time, allowing them to make better decisions.
5. Use analytics
Analytics help companies predict future outcomes based on past events. The more data the company has available for analysis, the better the predictions are. Since construction software allows for the collection of data from the field and office, analytics can provide insight for both areas and allow project managers and company management to make better strategic decisions.
Analytics can predict incidents and problems ahead of time, like forecasting the possibility of safety incidents depending on the type of work being performed. This proactive response helps prevent problems and allows companies to improve performance and increase efficiency.
If your company is looking to increase efficiency and improve its performance, construction software is a key part of that journey. Start by making sure you have the right software for your situation by assessing multiple options before deciding. If it makes sense for your company, select an ERP solution that connects the office to the field. Don’t be afraid to change your internal processes to match the software’s procedures. Gather as much data as you can and use analytics to help you predict outcomes for your business. Premier Construction Software has all the tools you need to improve your key performance measurements. Contact us to request a demonstration.
To learn more about how you can improve performance with a construction software, schedule a call with our team for a live demonstration.
Dawn Killough is a construction writer with over 20 years of experience with construction payments, from the perspectives of subcontractors and general contractors. Dawn has held roles such as a staff accountant, green building advisor, project assistant, and contract administrator. Her work for general contractors, design firms, and subcontractors has even led to the publication of blogs on several construction tech websites and her book, Green Building Design 101.