Making a business case for construction accounting software
Construction accounting software holds many benefits for your business. Here’s how to convince your boss of these benefits.
Construction accounting software holds many benefits for construction companies that choose to adopt it. If you’re a regular visitor to the Integrity Software blog or have taken a look at our resources section, you’ll be fully aware of the time and money-saving potential of our Evolution software packages. However, it’s the senior decision makers that you need to convince. If you’re unsure how to approach the situation, here’s some advice…
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Many companies are reluctant to use software because the cost isn’t seen as justified. Many of the most common software packages are generic solutions that are designed to cater for a wide range of businesses. In the construction industry, businesses require many specific functions that generic software packages simply don’t cater for. Construction companies using this type of software therefore have to continue to carry out some important tasks manually, or purchase other software to supplement it. For many companies, this inconvenience makes software a burden rather than a boon – and a costly one at that. Construction-specific accounting software (such as Integrity Evolution) is designed to solve the problems that generic software ignores. For example, explain to your boss that even the standard version of Evolution features subcontractor management functions and control over retentions – features that generic software lacks.
Switching from a pen-and-paper system to software is a big jump, and many employers may struggle to envisage quite how much of a difference software can make. The best way for reluctant decision-makers to understand the benefits of software is to provide examples. Show them some of our case studies, and explain how software could solve some of your company’s problems – or even prevent them from occurring in the first place. By relating the benefits of software to real-life examples, decision-makers will have a new appreciation of how software might work in practice.
No-one likes filling out paperwork or carrying out those tedious business tasks that simply have to be done. Construction accounting software eliminates or speeds up many of the most boring tasks that staff members have to complete, such as cost value reconciliation (CVR), subcontractor management (including filing and verification of CIS300 submissions) and purchase order management. Add up how much time employees will save by automating these processes. Explain how employees could use this time carrying out more productive tasks that increase takings for the business.
Switching systems is a daunting prospect for any business, but here at Integrity Software we try to make the transition as smooth as possible, with extensive planning, preparation and training prior to the switchover, in addition to providing top quality support on handover day and beyond. Implementing construction software doesn’t have to be a hassle – and it certainly shouldn’t be a barrier to considering an upgrade.
Finally, we’d advise you to take a look at our seven-step guide to upgrading construction software. This will clarify the entire upgrade process for decision-makers, and show you how we operate. Get in touch if you have any questions.