Our first blog for the month of August focused on contract disputes in the construction industry. Arcadis, a design and consultancy firm, released its 2018 Global Construction Disputes Report and found that contract disputes are getting longer, more expensive, and more complex.
Arcadis suggests at the end of their report that digitalization in the construction industry may just be the opportunity that helps construction companies improve their productivity levels and avoid contract claims. But, the idea of utilizing a digital platform for construction administration software is still a taboo subject. Many companies consider it an unnecessary business expenditure rather than an industry-wide solution.
Should your company invest in construction administration software like DrawAlert? Here are the top three reasons we think so:
- Simplified Management Tactics
Construction administration software like DrawAlert makes management easier. With an easy-to-use and understand platform, property managers are able to utilize a systematic approach to construction projects. Project management is a skilled task, but by using construction administration software, managers are able to plan out everyday organization needs, estimate costs, as well as create change requests, and much more.
- Full Document Control
All documentation is store securely on cloud-based construction administration software like DrawAlert. The construction industry is in the process of a complete overhaul, and eliminating physical copies of paperwork is just one of the ways its evolving. Software makes it simple to track your project progress, any warranties for the project, and more – for the life of the project.
- Stakeholder Transparency
Having all documents and valuable information in one place makes it easier for contractors, subs, stakeholders and more to gain access to this information at their fingertips. At any given time, anyone can check the status of the project, promoting a transparent and effective business relationship between all partners. DrawAlert also alerts all stakeholders when a draw has been funded, maintaining the integrity of the project from start to finish.
Why Digitalization in Construction Matters
The construction industry is evolving, and current generation construction software is the future. Whether your needs are design, pre-construction, project management, accounting, or administration focused, there are great tools in the marketplace to choose from. DrawAlert is the leading construction administration solution that integrates well with its peers. It is an efficient, collaborative, cloud-based solution that streamlines construction administration, document processing, and warranty management as part of the holistic digitalization the industry is striving for.