Taking risks in business is sometimes necessary and even beneficial – when they pay off. Relying on legacy construction accounting systems is not one of those risks. The team at Computime Software take a look at how modern, mobile construction accounting software can put your competition on notice and explore the benefits that Acumatica Cloud ERP has to offer.
The Acumatica Construction Edition is essential if you want to stay ahead of your competitors, generate solid revenue, and keep your customers coming back for more. But what does that mean if you have older technology?
1. Site workers capabilities are limited
Communication is one of the most important aspects for your teams in the field in order to work efficiently and effectively. However, they may be hindered by “scattered” pieces of critical information that is not readily available onsite. This not only slows down communication, but also can result in extra costs which can jeopardize the quality and profitability of a project.
2. Expense and hassle
To give teams remote access to business data, older systems may use VPNs (virtual private networks) or legacy mobile apps. These networks and apps bring further expenses with them, and do not allow team members to filter data in the software to access the relevant information, which can cause a lot of frustration.
3. Failure to satisfy subcontractors
Using software that is outdated can potentially hold back the entire organisation, mostly due to inefficient processes. For example, if reviews and approvals of invoices between the main office and the field workers take up too much time, subcontractors may end up dissatisfied and your company’s reputation can be negatively affected as a result.
So what are the advantages of using modern cloud accounting software such as the Acumatica Construction Edition?
1. Lower costs
There is no need to pay for servers, hardware maintenance, or IT personnel. Accessing the system and empowering your entire organisation to access information is made easy thanks to the true cloud capability that Acumatica Cloud ERP offers.
2. Automatic software updates
The fact that updates are automatically taken care of saves time as your staff won’t have to apply cumbersome changes to the operating system or the application software manually.
3. Data is easily accessible
Acumatica Cloud ERP allows you to access and send data which will be instantly seen and reported throughout the organisation wherever you are, whenever you want.
Stay ahead of the competition with the Acumatica Construction Edition
Acumatica Cloud ERP offers full-featured construction accounting software – a proven, modern application used by thousands of satisfied customers worldwide which allows you to tighten your project control and increase your margins.