Confidence. It can take you a long way. Not only in the construction industry but in life itself. When do you feel the most confident, is it when you’re thrust into a situation with very little background information to go on? When it feels like the deck is against you, and you feel like everyone else knows what’s going on, and you’re stressed out and trying to make the best call with time running out? Or is it when you have access to the best information? The most reliable data. Full visibility into what’s going on and what could happen in the future. In construction, there’s no room for hesitation. The push forward for profitability is not a luxury to have. It’s essential. How confident are you that you’re maximizing your profits in an industry where every dollar counts?
Explore these five ways an accurate, innovative, and no-nonsense approach to construction time management can give you the confidence to control your job site and make more money for your company.
1. Create More Accurate Bids
Imagine bidding for a large contract with extreme confidence, knowing your labor costs inside and out. That is how companies like Axcon Corporation, Inc. consistently win more bids. When you know the actual labor costs for your projects, you will have the confidence to create more competitive bids. SmartBarrel offers detailed job costing information instantly. This can make it easier to provide more accurate bids on your future projects, which leads to more projects being awarded to your team. The ability to create accurate bids using historical production tracking and labor tracking is a no-brainer.
2. Real-time Labor Tracking
When you have accurate time-tracking visibility into projects, you can make sure you are not overspending on labor costs, which increases your overall project profitability. Get on your way to quickly predicting project completion dates and resource requirements and win repeat business. No more paying for work that didn’t happen.
“SmartBarrel has brought about a positive culture change at Axcon. Supervisors now have real-time data on employee hours, enabling them to make informed decisions and drive productivity.” – Axcon Corporation, Inc.
Take Back Control of Your Time Keeping
3. Improved Operational Efficiencies
Software integrations help contractors streamline their operations, improve efficiency, and use data from both platforms to win more jobs and increase their profitability. Seamless data shared between SmartBarrel and ERPs and Project Management software like CMiC and Procore help contractors avoid delays by reducing manual data entry, removing the human error element, and helping to accelerate project timelines, helping directly impact your company’s bottom line. Watch your project timelines shrink in real-time. More precise job performance metrics can lead to more informed financial decisions and future business opportunities. Learn how much time you could save if your systems talk to each other efficiently.
4. Actual Labor Costs Visibility
Without having visibility into your labor costs, you’re flying blind. SmartBarrel helps provide a look into actual labor costs and lets you make better decisions backed up by data. Our cost codes/phase codes can easily be assigned to shifts, so you can easily see the budgeted vs actual hours by cost codes to see where you are making or losing money and can make real time decisions proactively. Make sure your cost codes are aligned with actual productivity with SmartBarrel to ensure no dollar is wasted.
5. Reduced Downtime with Better Communication
The financial impact of downtime can harm your project’s health and team morale. Every hour your team isn’t aligned can cost you money. Keep projects on schedule with SMS Broadcast Messaging to allow you to communicate with your on-site workers instantly. Reduce downtime with real-time communication and get your project completed quicker. Don’t let timely delays that could be fixed with a quick text message eat into your profits. Get moving and get on the same page today!
When the industry calls for cutthroat decision-making, future-forward contractors look for solutions, not just a product. In our business, every minute wasted is money lost. Miscommunications, clouded visibility, inefficient operations, outdated labor tracking with pen and paper, and inaccurate bids are draining your profits and costing your business. SmartBarrel not only helps you save money but also increases profits. Book your quick demo and start realizing the benefits of how smart timekeeping can help you make money.
