Lost T&M tickets mean lost revenue. If you are relying on paper forms or slow approvals, you are leaving money on the table. Subcontractors do the work before approvals come through, but when tickets go missing or get disputed, that
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Construction Nightmares: The Hidden Costs of Paper Timesheets
Even with the rapid advancement of technology in the construction industry taking place, there are still some foundational areas that rely heavily on manual practices. One of those manual processes that 40% of US contractors regularly use is paper timesheets to
Simplifying Time and Materials Billing with Real-Time Labor Data
Time and materials (T&M) billing should be simple. A contractor should be able to track hours, bill their client, and get paid for their work. But for many contractors, the process isn’t as easy as it sounds, and it can
Cost Plus vs Time and Materials: Key Differences and How to Choose
Choosing the best construction contract for your project can make a big difference for your bottom line and peace of mind. Cost-plus contracts and time and materials (T&M) contracts are two common construction industry options, each with its own pros
How To Improve Productivity On A Construction Site
Many construction projects suffer low productivity. For the past 20 years, productivity in this sector has grown only by 1%. That’s quite low compared with the 2.8 percent growth of the entire world economy and 3.6% growth for the manufacturing
Benefits of T&M Contracts for Flexibility and Transparency in Construction
Explore how T&M contracts enhance flexibility and transparency in construction. SmartBarrel’s advanced tools simplify time tracking and workforce management for seamless project execution and success. … Read More
The Role of Technology in Modern Construction Labor Management
The growing progress of construction demands strong labor oversight to help teams meet project objectives. Modern technologies create a foundation for contractors to increase work output alongside safety measures while making all operations run better. Studies by Colorado State University’s
Top 5 Portable Construction Time Clocks For 2025
Portable time clocks provide a much-needed solution for construction management, allowing for accurate time tracking with teams of all sizes. Check out this list of top portable time clocks and find the right one for your construction company. … Read More
How To Eliminate Time Theft Using Modern Technologies
The construction industry thrives on precision, accountability, and efficiency. Yet, there is one major oversight that completely derails these three key principles: time theft. In an industry where potentially every hour counts, the unchecked draining of time can drain resources,
Comparing Time and Materials and Fixed Fee Contracts for Construction Success
Choosing the right type of contract in the construction industry becomes an important issue since it affects the project’s total cost, duration, and success. Contractors often have to decide whether to use a time and materials contract, which offers different
