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Recently, the U.S. Census Bureau released their 2017 Construction Spending Monthly Report for September. This report is helpful for budgeting for 2018 and establishing underlying trends that may impact the construction industry both short-term and long-term. Below are key takeaways that you should consider. What You Need to Know: September 2017 Construction Spending During the first 9 months of 2017,…
When evaluating adopting a new Enterprise Resource Planning (ERP) system for your firm, one of the major considerations you need to evaluate is the data migration effort associated with leaving a legacy ERP system. The health of your data is critical to the future success of your firm. Whether you are considering migrating to a modern ERP system from consumer…
Last night while watching game seven of the World Series I couldn’t help but notice how each team had optimized their rosters utilizing the “Moneyball” tactic – an approach to competition that emphasizes rigorous statistical analysis of player performance to field a team that can better compete against richer competitors. I quickly realized that this same “Moneyball” tactic was already…
Yes, you can survive business disruption, just not with an outdated legacy ERP system at the core of your business. Disruption. Nobody likes to think about it, but everyone knows it could be coming soon to their market—with or without warning. Disruption isn’t just new competition. It’s more than just an upstart business that comes along and starts doing what…
One of the most common questions we receive is related to what the most common source of business system failure is. The answer is simple, inaction! Many firms evaluate new systems on a yearly basis but fail to act due to a number of reasons. The cost associated with an ERP implementation failure can have far-reaching effects. So what is…
Are you considering upgrading your critical business solutions, but don’t know where to begin? Utilize a proven Return on Investment (ROI) analysis to measure your short-term gains and long-term success. This blog will help you understand the ROI of replacing legacy software in favor of a modern cloud-based solution. Businesses often struggle with the decision to upgrade their business systems.…
Networking for construction firms has historically been a process of repeating what has worked well in the past. Many contractors rely on the tactics with proven return on investment (ROI): Attending or exhibiting at conferences and networking events, company listings in industry catalogs, sponsoring golf tournaments, and more. These are all great networking opportunities, but ask yourself – are you…
Finding the right software package for your construction firm can become tedious and overwhelming. Do you feel comfortable working in a system designed for multiple industries, or do you want to deploy software designed for construction firms? Whether you have owned multiple Enterprise Resource Planning (ERP) systems before, or if you are just looking to purchase your first solution, this…
Successfully managing complex construction projects requires commitment from your entire team, from accounting through project management and field operations. You’ve spent thousands of dollars and man hours winning work – you cannot afford to drop the ball during the project phase. The importance of executing projects with accuracy and efficiency is driving contractors to seek out better solutions to bolster…
Contractors often tell us that they are seeking better ways to sync their firm’s business intelligence between their office staff and road warriors. Firms that fail to implement a mobile-friendly Customer Relationship Management (CRM) system waste time and money, lose critical project intelligence and struggle to deliver on customer expectations. It’s time to ditch outdated spreadsheets and manual processes and…