The construction industry runs a tight ship when it comes to two critical issues – costs and scheduling. Contractors, in particular, are under immense pressure to ensure project budgets and costs are minimized, while proactively ensuring project completion schedules are met.
Till date, cash flow management is a major hurdle for contractors. While customer payment cycles are expanding, construction businesses are still required to ensure that they don’t fall back on their own payment cycles.
In addition, market and tech disruptions are forcing construction companies to adopt technological innovations as a way of beating the market competition and for business expansion. For these reasons, there is a dire need for scalable integrated software solutions that can offer construction businesses with improved project visibility and greater business control.
Sage 100 Contractor has been designed to address the very issues that construction is facing today and will continue to face during the next few years. Construction businesses can use Sage 100 Contractor software to easily manage the different aspects of service management and construction.
It enables faster decision-making and seamless management of operations since the contractors enjoy a 360-degree view of the business.
Here are few benefits of Sage 100 Contractor for construction businesses:
- Easy viewing of outstanding project tasks
- Contractors, project heads and other key players can quickly send automatic schedule alerts at fixed intervals
- Easy tracking of material status reports
- Allows team members to maintain constant communication
- Monitoring and tracking status of invoices, subcontracts, change orders, and balance-on-hand
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10 Ways Sage 100 Contractor Optimizes the Construction Process
Sage 100 Contractor has been designed, keeping in mind the specific challenges that are prevalent within the construction industry. Some of these include the lack of a customizable dashboard and work center, instant real-time access to project details and business resources, as well as email alerts.
But if you are wondering how transitioning to Sage 100 Contractor can help optimize your construction process, here are 10 reasons why.
1. Boosts Construction Business Visibility
It is important for contractors and project managers to have a project and businesswide visibility to make timely and business-friendly decisions. This means they need specific information and accurate data at every juncture of the project.
Sage 100 Contractor’s user dashboard offers easy customization so contractors and project managers can quickly access business and industry-specific reports and data leading to accurate and optimized decision-making.
However, if you host Sage 100 contractor on the cloud, the contractors can get even more precise with their decision-making. This is because the data is stored in a centralized location that can be accessed in real-time from any remote location.
2. User-Friendly Solution
Easy businesswide tech adoption is the need of the hour. However, one of the biggest hurdles in adopting a particular technology is the difficulty businesses face when it comes to changing their method of operation.
You can opt for tech solutions such as Sage 100 Contractor which are designed to be both user-friendly and intuitive so employees who use the software regularly can easily adapt and work with the solution.
3. Seamless Implementation with Minimal Business Disruptions
The phase of technological transition is a critical period for any business. You want this process to be seamless with minimal business disruptions.
With Sage 100 Contractor, you don’t have to worry about the implementation phase. This is due to the simple reason that while your employees are being trained for Sage 100 Contractor, they can continue to work on the present system and use it for their day-to-day work. Hence, the construction process does not suffer any major disruptions.
4. Faster and Accurate Completion of Bids
In a highly competitive market space, construction businesses are hard pressed for time when it comes to completing bids. Using Sage 100 Contractor, businesses can quickly and accurately complete bids.
In addition, it becomes easier for contractors to seamlessly export budgets, subcontracts, purchase orders, proposals, and other such information from estimates which means the need for data entry and margin of possible errors is greatly reduced as is the time that would otherwise be spent on these tasks.
5. Management of Project Scheduling Plans and Budgets in One Place
Contractors need to handle multiple aspects and manage a huge number of project details on a day-to-day basis. Using Sage 100 Contractor software, the contractors have access to all project details in one place which means they can track time efficiency, generate reports, create estimates, create worker payrolls, schedule jobs automatically among other necessary tasks.
Moreover, when Sage 100 Contractor is hosted on the cloud, the contractors can access the data from multiple sites simultaneously reducing the hassles of project management.
6. The Cost Advantage
Construction businesses range from small to mid-sized and larger organizations, which means different requirements. Sage 100 Contractor has been built for small and medium-sized organizations with smaller budgets. Of course, the actual costs are subject to factors such as the number of users, training and implementation requirements, specific modules purchased, and customization.
To make the solution more affordable to small and medium-sized businesses, Sage offers subscription plans. This way businesses don’t have to bear the burden of heavy tech expenditure, which may impact business bottom-line.
7. Controlled Access
Nowadays, it is important for businesses to focus on security. Construction is no different. Sage 100 Contractor provides personalized security settings so you can limit and restrict access to critical project details and tasks to authorized personnel only. This minimizes the risk of security threats like data breaches to a very large extent.
Another option to attain advanced security is to host your Sage 100 Contractor on the cloud. The cloud service providers deploy security safeguards such as multi-factor authentication and data encryption, along with constant network monitoring to ensure that your data is protected from unauthorized access.
8. Easily Manage Change Orders
Sage 100 Contractor allows easy tracking and creation of either individual or subcontract change orders. However, if the change orders become outdated or if there are any unapproved change orders, the system will alert the user immediately. Thus, it eliminates any instances of duplication or unauthorized approvals.
9. Central Document Control
A key aspect of improved project management is the ability to change or update new information into project documents as and when they happen. Sage 100 Contractor allows central tracking of key project documents and communication so you can quickly update the project specifications or information such as drawings, liens, and contracts, among other such details.
10. Manage and Re-Billing of Equipment
Managing and re-billing equipment is a complex task. However, with Sage 100 Contractor, allocation of equipment costs to jobs can easily be carried out, which means you can then go ahead and optimize on or recover those expenses.
Another advantage of Sage 100 Contractor is that you can quickly compare the different options available to you, including ownership, lease, and rental while making equipment-related decisions. Comparison can be made based on cost, equipment profitability, maintenance, and other such considerations which have a direct impact on business ROI.
The above-mentioned features of Sage 100 Contractor make it an ideal fit for your small or medium-sized construction business. If you want the Sage 100 Contractor advantage for your construction business, connect with our Solutions Consultant.
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