Accounting software
Companies often have to deal with both accounting and their day-to-day operations in order to stay ahead of the pack. This can sometimes be overwhelming as there is a large number of contractors and accounting functions. Implementing accounting software can help you manage your costs and increase the profit margins of your company. By tracking your costs, you can get insight into your future expenses.
The market is full of accounting software programs, you just have to find the right one for your business. Your accountant should have no issue getting used to programs such as FreshBooks or Foundation as they are quite easy to use.
Estimating software
Another very important piece of software that a construction company should be using is estimating software. These programs are designed in order to help businesses estimate the cost of a specific project. Being able to accurately calculate the price can let your business go head to head with other companies during the bidding process.
Versions of this software might vary depending on whether it’s used for residential, commercial or industrial construction. However, they share some common capabilities, such as estimating worksheets, takeoff software and cost databases. Takeoff software can help you figure out which materials you need for a project. You can then use cost databases to find the prices of the needed materials. Look for cost comparison software as well, as that can help you discover the best offers out there. Spreadsheets are where the actual calculations are done.
Seeing as how this area of construction software is the most crowded, you can easily find one that fits your needs. Consider HeavyBid, ProEst or Sage Estimating.
Design software
When it comes to design, there are two terms that many people in the industry have trouble differentiating between. Building information modeling (BIM) and computer-aided design (CAD) are interconnected but are used for different purposes. Typically, CAD is used for designing electrical and mechanical assemblies, ranging from phones to planes. On the other hand, BIM uses CAD concepts but is applied only to designing buildings, both physical and intrinsic properties.
Considering the fact that companies in charge of the building process are always expected to deliver quality projects, these types of software are vital. BIM can help create a virtual construction before the actual process commences, which helps work out certain problems and improves safety. All subcontractors can add their input before any building starts, and that helps reduce on-site waste tremendously.
There are many quality products out there, such as Tekla, Sketchup and the cloud-based Autodesk Fusion 360.
Project management software
Construction, like many other industries, heavily relies on organization. That is why a company that manages to deal with so many moving parts is one that manages to stand out from the sea of competitors. Construction project management (CPM) can help you oversee a project from beginning to end.
Deciding to implement a project management software can aid with scheduling and planning as well as specifying objectives and performance requirements. Moreover, it develops communication and issue resolution among the workers. You can even use mobile apps to effectively deal with all aspects of construction.
Procore and GenieBelt are just some of the popular CPM software solutions.
Immersive design
Seeing as how technology is constantly advancing, you can always expect new programs and technologies on the market. Using augmented (AR), virtual (VR) and mixed reality (MR) technology makes it easier for clients to visualize the project and decide whether they like your idea or not. It is much easier to adjust to their wishes before the building process begins. 2D designs can be turned into interactive digital models and help make better-informed decisions.
Many startups are developing this technology further, so keep an eye on this field.
As you can see, technology can help us improve on all fronts when it comes to business. Adopting the right software can make your company more productive, organized and successful.