Six Ways Contractors Grow with Acumatica Construction Edition
Construction and contracting companies face challenges in integrating various departments with disparate solutions, resulting in costly double data entry, isolated information, and delayed or incomplete data. To combat these challenges, companies require comprehensive software that offers connected solutions to share vital project data with stakeholders and respond quickly to issues. Acumatica Construction Edition is an ideal solution for construction companies seeking best-in-class functionality. This centralized platform offers a scalable ERP solution, built for general contractors, specialty subcontractors, homebuilders, land developers, and other construction businesses, with access to a suite of embedded CRM tools, field services, inventory management, property development, and hundreds of marketplace applications. Acumatica’s native cloud-based software can help improve visibility, revenue growth, and overall business processes.
Below, we’ll dive into six different ways contractors can grow with a cloud ERP system like Acumatica. If you want to. dive deeper into this subject, download our free whitepaper, Six Ways Contractors Grow with Acumatica Construction Edition.
Streamlined Project Management
One of the most significant advantages of using Acumatica Construction Edition is its project management capabilities. The software provides contractors with a single platform to manage all aspects of a project, from estimating and bidding to project accounting and financial management. Contractors can easily track project progress, identify potential issues, and adjust schedules and budgets in real-time. The software also allows for collaboration with project stakeholders, such as architects, subcontractors, and suppliers.
Improved Financial Management
Acumatica Construction Edition offers robust financial management capabilities that enable contractors to streamline their accounting processes and improve their financial reporting. The software provides real-time visibility into financial data, allowing contractors to make informed decisions about resource allocation and project profitability. The software also offers comprehensive project accounting features, including job costing, change order management, billing, and invoicing.
Enhanced Resource Management
Acumatica Construction Edition enables contractors to manage their resources more effectively, including labor, equipment, and materials. The software offers features such as time and expense tracking, equipment management, and inventory management. With these features, contractors can optimize resource utilization, reduce waste, and improve project efficiency.
Increased Mobility
With Acumatica Construction Edition, contractors can access project information and manage their business from anywhere, at any time. The software is designed to be mobile-friendly, with a responsive interface that works seamlessly on desktops, laptops, tablets, and smartphones. This feature allows contractors to stay connected with their projects and teams, regardless of their location.
Better Reporting and Analytics
Acumatica Construction Edition offers robust reporting and analytics features that enable contractors to gain insights into their business performance. The software provides real-time data on key performance indicators (KPIs), such as project profitability, resource utilization, and revenue growth. This information can be used to identify areas for improvement and make data-driven decisions to drive business growth.
Scalability and Flexibility
Acumatica Construction Edition is a scalable and flexible solution that can grow with your business. The software can support businesses of all sizes, from small startups to large enterprises. It can also be customized to meet the unique needs of individual contractors, with features such as custom fields, workflows, and reports.
Acumatica Construction Edition is a comprehensive cloud ERP application that equips construction companies with real-time information, configurable business events, and flexible reporting and inquiry capabilities. It includes built-in CRM and Field Service modules, powerful financials, job cost accounting, project and change management, payroll, inventory, service, and compliance management. With mobile technology, you can access all your information at anytime, on any device. Acumatica Construction Edition is trusted by general contractors, specialty subcontractors, homebuilders, land developers, and civil construction businesses for increased productivity, profitability, and collaboration between job sites and offices. Download our free whitepaper Six Ways Contractors Grow with Acumatica Construction Edition to learn more about Acumatica for Contracting businesses.