Deep Dive Into Construction Work in Progress
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.
Deep Dive Into Construction Work in Progress
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.
The Next Generation of Construction ERP
While the construction industry has lagged somewhat in the adoption of enterprise resource planning (ERP) software, this is changing as digitalization reaches every business sector. A window of opportunity is open for construction firms that adopt digital business processes before their competitors—including purpose-built ERP software. A construction ERP system sets a foundation that digitizes and […]
Breaking Down Barriers to Unlock Profitable Growth
As a highly competitive sector, the construction industry is constantly under pressure to increase the pace of digitalization, with many restricting their growth due to manual processes and lack of visibility into their deals. To accelerate this digital transformation, first they must look at barriers and use them to leverage a new way of working for continuous success in the years to come.
Four Factors Affecting Your Profits in 2021
If 2020 taught us anything, it’s the importance of preparing for the unexpected and developing the agility to quickly adapt plans. Construction finance leaders and project managers are having to evolve their roles to be more proactive in data analysis and drive strategic planning as the industry continues to recover. As the business world moves […]
What the Labor Shortage Means for Construction Businesses Like Yours (and How to Succeed)
Learn from Struxi President Bill Wagner how construction companies can do more with less time, less money and most importantly, fewer boots on the ground; with a specific focus on digital solutions that help companies mitigate the workforce shortage with an eye on innovating how work is done on the jobsite.
The Future of Construction Is Modular
In the past five years, the use of modular construction methods has doubled in the United States, and it’s expected to represent more than 10% of all construction work by the year 2030. Shifting construction away from traditional sites and into factories is enabling contractors to build faster and better—reducing claims by standardizing work and […]
Four Ways to Scale Safety and Quality During the Building Boom
As construction firms prepare to scale their operations to support new infrastructure investments, they’re challenged to attain high-quality work in safe workplaces using newly hired workers—as well as long-term employees who are reluctant to adopt new technologies. There are at least four ways a data-driven safety and quality program can help. Increased inspection productivity can […]
Practical Construction Analytics: Gain the Advantage Over Your Competitors
The construction industry has learned the long-standing challenges of labor productivity and on-time project delivery from past recessions (and recently COVID-19). As a result, firms have realized that current and historical data play an important part in business decision making and may even change the course of the industry. While artificial intelligence and machine learning […]
Make Work-in-Progress Work for You
Are you interested in optimizing cash flow? Learn how an accurate and timely Work-in-Progress (WIP) report allows you to stay on top of every project and maximize profitability.