The construction industry in Australia has been slow to innovate in the decades past. But with the changing industry demands, especially during the Covid-19 pandemic, companies started to be more conscious of the importance of digital technologies. In fact, a… Read More
Tag: commercial construction project management software
Construction Accounting Guide for Contractors
Construction projects require managing numerous funds and monetary transactions. From ordering materials to compensating workers, keeping track of a project’s budget and expenses can be challenging without proper construction accounting practices. Generally, the goals of accounting are to: Systematic accounting… Read More
Best Practices in Construction Management – Infographic
Construction projects can be unpredictable. Numerous factors influence the success of a project. Some can be identified and controlled, while others can create challenges that disrupt operations. One thing managers can do is optimize project management. They can refine their… Read More
Strategies for Winning More Construction Bids – Infographic
Winning construction bids can be extremely challenging in today’s growing market. The construction industry is highly competitive, with numerous companies vying for the same projects. Moreover, low-profit margins, changing project scopes, and extensive requirements make it more difficult for contractors… Read More
Does Your Company Need Construction Project Management Software?
Construction project management software is a type of software that helps construction professionals and firms manage and oversee the various stages of a construction project, from planning and design to execution and completion. These tools often include features such as… Read More
5 Ways Construction Companies Can Benefit From Big Data
Businesses today are gathering enormous amounts of data at extremely fast rates. Big data might be overwhelming at first, especially if you do not know how to evaluate it. But this can help firms learn more about their operations, client… Read More
Complying with the Expanding Project Trust Account Framework in Queensland – Infographic
In Queensland, the revised regulation on the management of project finances is now in effect for enterprises engaged in building and construction. The Security of Payments Act of 2017, developed to protect payments and retentions in the construction and building… Read More
Making an Estimate Using Construction Software
Making a good estimate is critical in every construction engagement as it will be a factor that wins over clients during the bidding phase and an element that determines project profitability. Both clients and builders are concerned about the price… Read More
How Construction Management Software Enables Greater Profitability
While new systems entail a significant investment, their long-term benefits typically surpass the initial expenditures. The correct technology can substantially enhance how the business operates, whether integrating operations, managing receivables, or improving supply chain management. These improvements will later translate… Read More