Is Your Construction Software a Profit Center or Overhead Expense?

In the competitive world of construction, profit margins are tight. Jobs, service calls, employee productivity, and even your business tools must contribute to company profitability. This article highlights several critical capabilities that will help you determine whether your current construction software is a profit center or just another overhead expense.

Job Cost

The core of a profitable contracting business is job costing. The more accurate your cost information is, the better you will be at managing your jobs for profitability.

Capabilities checklist:

* Job cost projections are easy to produce on a regular basis

* Provides early warning system for jobs that are off track

* Real-time access to actual costs is readily available

Project Management

Project management is all about detail tracking. Let a few RFIs or change requests slip through the cracks and you might find your crew working for free. Software that automates project management will ensure that changes to the original contract are documented, approved, and invoiced for profit.

Capabilities checklist:

* Tracks job details in a single, easy-to-access database

* Change orders are tracked from initial RFI or directive to invoicing

* Forms provide turn-key production of submittals, RFIs, change requests, and more

Service Management

For contractors that perform service work, technology is readily available to support technician performance, enhance customer service, and automate billings. Taking advantage of this technology can produce a significant ROI while enhancing your company’s reputation as a cutting edge service provider.

Capabilities checklist:

* Dispatching allows for greater technician efficiency

* Streamlined billing for fast payment turn-around

* Advanced technology such as GPS tracking of service trucks or mobile communication with technicians that allows for real-time data exchange

Reporting

How well does your software deliver the information you need to make critical and timely business decisions? Catching problems such as cost over-runs early is imperative to maintain profit margins. Reporting should provide easy access to real-time information and offer the flexibility to customize delivery to meet your unique business objectives.

Capabilities checklist:

* Comprehensive standard reports and inquiries

* Custom reporting options to meet specific needs

* Owner/management overviews available for at-a-glance job assessment, with drill down to detail

Integration

Solid communication between your accounting, operations, and service staff is the glue that binds construction to profitability. Integrating your core technologies makes this communication possible.

Capabilities checklist:

* Single database equals single data entry, flexible reporting

* Allows for enterprise-wide collaboration between accounting, service and operations by putting everyone on the same financial page

* Lowers administrative overhead

Profit or Expense: You Decide

Take time to evaluate how well your software streamlines workflow, automates processes, and provides real-time job information for informed decision-making. If your program doesn’t provide you with many of the capabilities listed here, it may be time to consider whether your construction software is a profit center or overhead expense.

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Every year, millions of consumers and businesses are hurt by counterfeit software that they have acquired unwittingly, and many companies that license legitimate software have difficulty competing with artificially low prices offered by software pirates. Consumers, businesses, and resellers continually ask Microsoft for help in mitigating the threat posed by pirates. Microsoft works to educate the software ecosystem about piracy, to engineer products that address these concerns, and to enforce anti-piracy policies and laws.

 

Microsoft offers an online validation process that allows you to verify that your copy of Windows is genuine. You will be prompted to validate your copy of Windows if you request a genuine Windows download from the Microsoft Download Center. Alternatively, you can validate your copy of Windows by visiting the How to Tell site. The validation process is easy to use, only takes a few moments to run, and once completed, allows you to access genuine Windows downloads more quickly in the future.

 

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Microsoft offers an online validation process that allows you to verify that your copy of Windows is genuine. You will be prompted to validate your copy of Windows if you request a genuine Windows download from the Microsoft Download Center. Alternatively, you can validate your copy of Windows by visiting the How to Tell site. The validation process is easy to use, only takes a few moments to run, and once completed, allows you to access genuine Windows downloads more quickly in the future.

 

Microsoft offers an online validation process that allows you to verify that your copy of Office is genuine. You will be prompted to validate your copy of Office if you request a genuine Office download from the Microsoft Download Center. Alternatively, you can validate your copy of Office by using the online validation process. The validation process is easy to use, only takes a few moments to run, and once completed, allows you to access genuine Office downloads more quickly in the future.

Windows Genuine Advantage Notifications is an opt-in program launched by Microsoft in select markets as part of its continued effort to combat counterfeiting and to create a better Windows experience for users of genuine Microsoft Windows software.

 

The Microsoft genuine Windows offer is designed to help customers who unknowingly purchased counterfeit versions of Windows XP by offering those who qualify a complimentary copy or electronic license key for a genuine copy of Windows XP. The Microsoft genuine Office offer is designed to help customers who unknowingly purchased counterfeit versions of Office by offering those who qualify a complimentary copy or an Office Genuine Advantage Kit.

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