The construction industry is at a technological tipping point. But you knew that already. Technology – namely construction software, is taking the industry by storm. From project management systems to construction administration software like DrawAlert, there are dozens of options for keeping your project on track and running efficiently. But, are you looking at construction software as a cost and not an investment? Let’s dive in.
A cost is simply an expenditure of your money, time, or resources. It’s more difficult to tie cost to revenue, but enable a business to continue operation. An investment is an expenditure with a strong possibility of return. We pay these expenses up front and expect them to generate returns for us in the future.
You need to start looking at construction software as an investment in your business, and not simply a cost that you can do without.
“Construction is one of the largest, and most inefficient, industries in the world.”
The industry is already taking care of one aspect of an evolving issue: technology is here, and it’s helping to make projects more efficient, accurate, and collaborative. Every single aspect of construction has a specific software to help with project management. Archaic construction methods used paper, meetings, and fax machines in a back-and-forth system that can now be done with the click of a button or automated software that entire teams now have visibility on. It’s secure, fast, and oftentimes can be built specifically for your project needs.
Let’s look beyond just the efficiency increases that construction software provides, though. Technology in construction allows a “collaboration for all” mentality, with team members in the field and in the office working together with full transparency on any given project. Construction software isn’t only an investment in your projects: it’s an investment in your people, and improves employee satisfaction across the board, according to Dustin DeVan.
Construction Software is an Investment
Leave the old methods of the construction industry behind and become an early adopter of technology in the field. Don’t get left behind because you look at construction software as a cost instead of viewing it as an investment opportunity that increases efficiencies, productivity, and overall project completion rates. Are you looking for a cloud-based construction administration software to help you save time and costs on your next project? DrawAlert is leading the way
Industry Event: Expand your knowledge of professional construction management at the 2019 CMAA Professional Construction Management Course, sponsored by DrawAlert.