We’ve talked about the labor shortage enough – it’s real, and it’s hitting the construction industry hard. But, there’s another issue looming above the construction industry, too: the lack of collaboration between parties on a construction project. When collaboration is strong, the project is strong, and unfortunately… Collaboration isn’t strong. Poor coordination between contractors and…Read More
Tech Opportunities in Construction You Need on Your Radar
Technology is changing the construction industry like never before. Attracting the next wave of construction professionals depends on innovation and growth, both of which are currently possible with the use of technology. Keeping up-to-date in the construction industry isn’t just good for recruiting future construction professionals, though – it’s good for your business. In an…Read More
How Do You Know if Your Project Owner Can Pay You?
In September, Construction Dive published the article The Dotted Line: How Contractors Ensure the Project Owner Can Pay. As a contractor, you understand the critical necessity funds—or lack thereof—play in construction projects. Slow payments suck, while timely payments allow you to pay employees, other subcontractors, suppliers and vendors and finish construction projects on time and…Read More
How to Attract the Next Wave of Construction Professionals
The worker shortage in the construction industry is getting worse. With industry veterans nearing retirement, the construction industry faces a serious crisis: younger generations aren’t filling those positions at a quick enough rate. According to The Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS), nearly 200,000 construction industry jobs are unfilled across…Read More
Simplify Your Monthly Pay-App & Draw Processes
A 2018 report by Contract Simply revealed that late payments in the construction industry cost $40 billion annually. Any professional who works in construction in some capacity knows: consistent payments are one of the biggest challenges the industry faces. The other major challenge? Avoiding contract disputes and claims. That’s why payment applications and draw processing…Read More
Why Do Construction Projects Take So Long?
Construction projects are bigger and more complex than ever before, and delays are, unfortunately, all too common in the industry. Between the number and size of tasks at hand to poor communication methods and more, it’s all too easy to fall behind on construction projects. So, what’s the hold up anyway? Below are the top…Read More
Digital Automation in the Construction Industry: Do or Die?
Construction work has to be completed more efficiently than ever. Construction Business Owner says that the combination of a skilled labor shortage and rising material costs are to blame. “The work is there, but it has to be done more efficiently than ever, with a more frugal use of materials and a potentially smaller, less…Read More
Product Update: End-to-End Pay-App & Draw Processing
We’re announcing the next round of DrawAlert upgrades and improvements that make our software even easier to use while valuing our user community. The Development Team has been hard at work to release Version 3.6, and it includes the following upgrades: End-to-End Pay Applications Draw Processing The new release includes everything your team will need…Read More
How Property Managers Benefit from Utilizing DrawAlert
As a Property Manager, you understand that juggling multiple tasks is just another routine part of your day. On a day-to-day basis, you might do everything from track rent payments to manage maintenance requests. But, these processes are only a small part of your job requirements. You’ve probably heard that Property Management Software is your…Read More
The Top 10 Advantages of Full Stakeholder Visibility
Having supportive stakeholders is key in a project’s success. While you might initially have a strong foundation for your project effort’s, communication gaps between stakeholders and the other parties on a project can cause delays and overruns, costing you time and money. Poor visibility from a stakeholder perspective is often a major culprit in why…Read More