Integrated Construction ERP: Track the Top 4 Construction KPIs
Is Your Construction Business Tracking These Important Construction KPIs with Construction Accounting Software? Thousands of key performance...
2 min read
Murray Quibell 1:50 PM on August 16, 2023
The top executives in construction companies rely on the power of business intelligence and analytics to drive better decision-making. They have complete visibility into their financial goals, allowing them to set targets and analyze budgets effectively. They also oversee capital asset plans and accurately forecast future growth opportunities.
The following illustrates how C-level roles benefit from Acumatica's role-based dashboards:
In today's fast-paced construction industry, staying ahead of the competition requires real-time insights and data-driven decision-making. That's why construction business leaders need to harness the power of real-time dashboards to effectively manage their projects and drive success.
Real-time dashboards provide a centralized view of key project metrics, allowing construction leaders to monitor progress, track performance, and identify potential issues in real-time. With the ability to access up-to-date information at their fingertips, decision-makers can make informed decisions quickly, ensuring projects stay on track and within budget.
By empowering construction business leaders with real-time dashboards, they gain the visibility and control needed to optimize project outcomes. They can easily track project timelines, resource allocation, and budgetary metrics, allowing for proactive problem-solving and efficient decision-making.
With holistic ERP software for construction like Acumatica, construction leaders can access real-time dashboards that provide a comprehensive overview of their entire business operations. These dashboards offer customizable widgets and visualizations, enabling leaders to focus on the metrics that matter most to their specific needs.
On the other hand, a specialty subcontractor might want to focus on resource allocation, labor productivity, and material costs. By having access to a real-time dashboard tailored to their specific needs, they can monitor these metrics and make timely adjustments to ensure efficiency and profitability.
Real-time dashboards inside construction ERP software, not only empower construction business leaders but also foster collaboration and transparency within the organization. By sharing real-time data with project managers, team members, and stakeholders, everyone is on the same page and can work towards a common goal.
Acumatica Construction Edition, built on a versatile platform with Open APIs for seamless integration, perfectly aligns with the needs of modern construction professionals. Its adaptable architecture allows for effortless customization, including low-code or no-code options, and offers additional functionalities like data visualization, artificial intelligence, and machine learning. With all construction processes sharing a unified data system, information is readily accessible from anywhere, at any time, ensuring that every aspect revolves around the project and the customer.
For example, a general contractor may want to monitor project progress across multiple sites, track subcontractor performance, and analyze budgetary metrics. With a real-time dashboard, they can easily visualize this information in one central location, enabling them to make data-driven decisions to optimize project outcomes.
In conclusion, real-time dashboards and role-based dashboards are a game-changer for construction business leaders. They provide the necessary insights and empower decision-makers to make informed choices, optimize project outcomes, and drive success. With Acumatica's Construction ERP solution, construction organizations can harness the power of real-time dashboards and take their business to new heights.
Is Your Construction Business Tracking These Important Construction KPIs with Construction Accounting Software? Thousands of key performance...
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