Project overruns are a regular occurrence in construction. Statistically, around 85% of projects clock in over budget due to some combination of poor planning, uninformed estimation, or a lasting commitment to analog processes.
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Construction daily reports are a vital part of managing construction projects. They provide an ongoing record of incidents, conditions, and the full range of tasks related to a project in progress.
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By now, you’re likely aware of our PO automation features, custom approval flows, and easy approach to budgeting.
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No one wants to believe their trusted employees would steal from them, yet it happens all the time. People create fictitious vendors, inflate their salaries, and sometimes just take things without asking.
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Any person, in any role, across all industries and career stages can benefit from better time management and the right software stack. That’s just common sense.
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Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved.
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Expense reporting demands a different approach than say, managing your purchase order process or tracking vendor performance. It’s something of an outlier in the procurement world, yet, at the same time, equally important when it comes to managing your company’s finances.
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