Financial Leaders Find Efficiencies and Relief with Construction Technology

Numbers matter in the construction industry.  Because not managing the numbers can lead to all sorts of negative outcomes – lack of real-time project visibility, difficulty in budget management and cost control, and effective resource allocation – to name just a few.  No one can afford additional hits to already thin margins.

So, how do you juggle multiple projects, team coordination, compliance and find time to look ahead and strategize way to grow a strong, profitable business?

Successful construction companies all have strong project management as the bedrock of their business.  They have put today’s technology to work. Solutions like Sage Construction Management, a cloud-based construction project management software, have become an affordable and integral part of ERP/accounting configurations.

If you are still working with a decades-old, on-premise solution, you will see dramatic improvements by migrating to the cloud.  Shifting from outdated legacy software – and the manual processes you’ve put in place to address system deficiencies – to today’s cloud-based construction technology pays dividend after dividend by protecting profit margins while delivering speedy return on investment.

We recommend Sage Construction Management because it has helped thousands of companies streamline planning, scheduling, budgeting, and communication. Construction finance and accounting leaders appreciate the real-time collaboration that Sage Construction Management provides, collaboration that centralizes project information to reduce errors and prevent delays.  This powerful, built-for-construction solution offers cost management, payroll timekeeping, and contracts management.  It allows you to look ahead and identify ways to avoid waste and save profits.

While there are a variety of project management tools out in the market today, Sage Construction Management and Procore are the two leading options within the Sage marketplace. If you are currently on Procore today, there is connectivity with Sage Intacct Construction and you do not have to replace Procore, unless you wanted to take advantage of Sage Construction Management’s advanced functionality.

Outdated, legacy software often requires dozens and dozens of spreadsheets to fill in reporting gaps.  In addition, trying to integrate old software with other software solutions is difficult if not impossible.  Cloud-based, Sage Intacct Construction Management and Sage Intacct Construction have an open architecture, APIs make it possible to integrate with other solutions.

With an integrated workflow, you’ll eliminate the pressures of working on various software simultaneously.  At the same time you experience accuracy and efficiency in financial reporting – reporting in real-time and displayed on dashboards that you can customize with the data critical to you and your projects.

There’s no doubt that the ability to make better decisions, have full insight into finances, and experience an increase in general productivity and efficiency – working from one common platform – will tremendously benefit construction companies.

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