There are numerous reasons a construction business might want to consider a newer, more modern ERP solution. Nowadays, small to mid-sized businesses are looking to digital software to stay competitive with the big dogs, while also remaining in regulatory compliance. An ERP solution, like Acumatica is designed just for that, while at a price point more manageable for smaller construction firms.
There are many other advantages to an ERP solution. Benefits include:
- Mobile access – anywhere, anytime
- Automation
- Artificial intelligence
- Reducing IT and administrative costs
- Reducing labor costs
- Real-time reporting
Businesses in the construction industry are steadily growing, as are cloud-based, ERP solutions. More and more smaller construction firms are staying competitive and meeting customer demands with the features a new ERP system provides them. This is especially important, because as the industry shifts and changes, your systems need to evolve with it. Here are five trends to watch – can your system keep up?
5 Construction Trends in 2022
- Greener Methods: Customers and clients are paying closer attention to the environment, climate change, and ultimately your construction methods. They want to know your products and services are environmentally friendly. Not everyone needs an expensive fully-sustainable eco-friendly building, but affordable environmentally conscious options will win over old methods.
- Modular and Pre-Fabrication: Modular and pre-fab construction has steadily increased over the years and continues on the upward trend. These labor- and time-saving methods (fabricating and assembling repeatable building components in the shop, shipping or transporting them to the location and doing assembly onsite, etc.) has saved construction business costs year over year. With a modern ERP solution, tracking this process has become a simple, 1-click activity.
- Alternative Materials: With the supply chain problems and rising costs of materials, everyone is looking for more cost-effective ideas for construction. One idea was to use different or modern building materials. Some businesses have tried 3D printing, self-healing concrete, laminated lumber, and others. The 3D printing has had success and is expected to grow into one of the top technology trends in construction over the next five years.
- Automation: Overcoming rising costs, labor shortages, compliance and regulatory demands, more and more construction businesses are looking to ERP solutions to help automate tasks and activities. Not only does it need to be your one-stop for all financial information, it should connect projects, inventory, and all customer data giving your employees real-time information anytime and from anywhere.
- Increased Efficiency: All businesses, not just the construction industry, are looking for ways to boost efficiency. With a modern, cloud-based ERP solution, companies are reporting they are gaining efficiency in every area: Streamlining interactions so there are fewer meetings, providing a “single source of truth,” connecting to mobile devices, automating scheduling and messaging, and giving project managers access to real-time information so they can reallocate resources and keep a project on-time and on-budget.
Cloud Software for Your Construction Business
Stay agile, gain a competitive advantage, implement the proper foundation for your construction business. Galeforce Consulting Partners can help take your construction business to the next level. We offer the best solution for construction management: Acumatica, the Cloud ERP. Give us a call and see how we can help decrease costs, increase efficiency, and grow your business. Lean more here.