The construction industry has its own set of unique challenges. Complex and often volatile operational environments are commonplace and now the pressures to improve competitiveness in a tightening market are also rising. Many organizations in this industry are turning towards digital solutions to move towards a brighter future characterized by high-quality work and lower capital […]
The pandemic was a wake-up call for all organizations. Across industries, companies sought to increase their resilience and identify pathways to close opportunities, fuel growth, and deliver elevated customer experiences. The construction industry also had to jump on the digital construction transformation bandwagon. While some companies are still using traditional methods, the benefits of a […]
Enterprises with multi-site construction projects often find themselves struggling to efficiently manage their dispersed equipment across multiple properties and regions. With programs ranging from small rebuilds to complete remodeling or construction from the ground up, overseeing the deployment, installation, utilization, performance, and maintenance of large assets and equipment doesn’t come easy – especially without the […]
Just imagine if the subcontractor didn’t update the superintendent or project manager on a modified start project time. Or, if the foreman doesn’t receive the updated project specs. Or, if the accounting manager misses an approval authorization for a work order. Communication can make or break any company’s success, regardless of industry. But, in the […]
The construction industry is the largest worldwide employer. It’s a pillar of the economy as nearly $ 10 trillion is spent annually on construction. All things being equal, that could rise to over by 2025. This is the sector that creates the icons and landmarks that become the very representation of the cities where they […]
As companies rev up their projects in capital intensive industries such as Engineering, Procurement and Construction , construction cost overruns, or unexpected cost increases due to an underestimation during the budgeting process, can lead to devastating impacts. But, the vast majority of construction companies face overruns. In fact, and large projects take 20% longer to […]
The impact of the pandemic has been far-reaching. Yet, despite the challenges it presented to the world at large, Engineering, Procurement and Construction companies, like several others, are anxious to turn the page. In fact, all manner of construction companies with expertise and interest in building infrastructure, expect that President Biden’s infrastructure-driven “Build Back Better” […]
As competition heats up, today’s businesses need the functionality in their technology to help them address some of their most critical – and unique – Construction challenges. That means managing the payroll complexities for certified, union and non-union employees. Here are our top four tools for payroll products in the construction industry: Secure mobile technology: There is […]
It’s easy to be overwhelmed by the payroll and legal responsibilities involved when it comes to the construction industry. After all, there’s more to payroll than just paying employees. So, it’s not surprising that almost every Engineering, Procurement and Construction (EPC) company is shopping for the best solution or service to simplify union payroll processing […]
Any CIO of an Engineering, Procurement or Construction (EPC) company knows that the tools and solutions they utilize for their payroll need to be specific to the EPC world — construction payroll is simply not the same as any other industry. EPC companies are dealing with multiple stakeholders, including contractors who work within labor unions. […]