While there are more opportunities than ever, there is also more competition in the home construction and remodelling sector. The number of new housing starts is at an all-time high, and the renovation index is surging. Today’s builders need to be well-organized, run efficiently, and provide outstanding customer service if they want to compete. Software for construction management can help with that. Residential home building experts use specialised management software to plan projects, estimate expenses, collaborate with their team and clients, and make business and operational choices.
Pen and paper procedures and antiquated technology can stifle development prospects, smash sales, and eventually ruin your company because of all the moving elements that go into building or modifying a home. You can start managing your company more effectively and expanding it without adding more personnel to the team by implementing a top-notch construction management solution.
Here are five ways that employing construction management software can boost the competitiveness of your home construction or remodelling business:
Simplified scheduling
Without software to manage task scheduling, you might be forced to use spreadsheets and lose hours every day updating everyone over the phone and through pointless emails. This disarray not only costs you time, but it frequently leads to expensive errors. With a centralised communication network that distributes real-time alerts and updates all data, scheduling software automate this procedure. All office administrators, sales staff, and your field-based partners and trades have access to that information.
Using scheduling software, you can keep your projects on track to meet deadlines and ensure that everyone is aware of their responsibilities and due dates. Each team member receives the information and real-time updates they require via quick-view dashboards to complete their jobs successfully. When a project phase needs to advance or recede, the system promptly alerts your trades. Management, the workforce, and the subcontractors no longer make unnecessary journeys to the job site.
Centralized communication
Your team won’t have to play phone tag or try to keep track of all the sporadic emails and messages sent and received concerning the task if you have a single platform for communication. All communications are organised by project in a single inbox. It can be searched and sorted, allowing you and your team to locate the information you need about a work quickly and easily. Information about jobs is also kept in one location.
Fewer costly mistakes
With only one change order, you can make or break your profit on a house. When you assumed they would settle for a regular bathtub, they insisted on a jetted one. These adjustments cut into slim margins without a proper change order procedure—and they were entirely avoidable! By ensuring that your team, subcontractors, and clients all have access to the same information as soon as it becomes available, construction management software reduces these errors. And no information is lost during translation between several phone calls or emails.
Accounting Integrations
Your accounting procedures are streamlined by integrating with an accounting software so that all projects, cost codes, and subcontractor data are automatically imported and filled out across all of your company’s data sets and forms. Double-entry mistakes and time lost manually entering data into QuickBooks or other non-integrated software are eliminated as a result.
Keep subcontractors in the loop
Everyone must have access to the most recent information for your initiatives to run properly. removing the builder binder’s obsolete or erroneous information. With tools like Project Poster that make it simple and secure to distribute papers in the field, subcontractors are always in the know.
Simple and secure photo sharing and file storage
Custom projects have a lot of moving elements and require workers to have access to project documentation, such as drawings and images. With the use of construction project management software, managers can control who gets access to what data. This ensures that everyone has the information they need to complete the task at hand without sending several emails, keeping projects on pace and preventing misunderstandings.
Accurate management of selections and change orders
When you use a construction management solution, your customer, designer, and construction team can all access the most recent information in one place. Clients can quickly approve change orders online at their convenience with the correct software. You can maintain track of their permissions to avoid he-said/she-said arguments and avoid incurring financial losses on the project.
Financial reporting
Knowing whether you are making or losing money at every step of the project requires accurate and up-to-date financial data. Use dashboards in comprehensive construction management software to see at a glance if you’re on track to stay within your budget and make adjustments while the work is still in progress. In order to save your company even more time, it also enables you to build daily, weekly, quarterly, and annual bespoke reports and even automates sending them out. The ability to generate financial reports also provides you more control over keeping a healthy cash flow when you place purchase orders and keep track of project expenditures.
Quick and easy estimates
One of the key functions for your expanding organisation is the estimation functionality. It helps you streamline the sales process and attract more customers. Without having to re-enter information, you can quickly handle proposals at every stage, from developing estimates to finalising the deal. By electronically submitting proposals to potential customers for inspection and approval, you can also hasten the sales process.
Happier clients
A positive customer experience can be greatly improved by keeping your clients informed, obtaining approval for change orders, and delivering interesting information about their projects. To ensure that your customers have a positive experience they can rave about, word-of-mouth marketing is crucial.
At the end of the day, when your clients talk about their new house or recent refurbishment with their friends and family, they’ll be revealing all the specifics of the procedure, from beginning to end. Set high standards for future clients that your rivals won’t be able to match!
