The Most Important Tool for Construction? It’s Becoming Digital Technology
Every construction company faces expensive problems with work delays, rework, loosely documented change orders, labor costs and billing shortfalls. To overcome those issues, cut waste and boost productivity, many are moving to what could become the most important tool for construction—digital technology.
The richest opportunities to save money and boost profit are on our jobsites—that’s where most of activity and spending occurs. What are the biggest construction jobsite problems? Change orders and rework can eat up as much as 20% of project costs. Wait time has been estimated as high as 35% of site labor costs. Digital technology can solve those problems by incorporating lean construction principles that improve communication and eliminate waste.
As many as 40% of your customer invoices aren’t getting paid in full. We can reduce that number and boost profits with better documentation of what’s actually happened on site. Digital technology is an easy tool to make that happen.
At IntelliSpeX, we have developed a tool for construction that solves those problems through virtual access and Evidence of PerformanceSM. We can solve labor challenges, improve communication, and provide complete documentation of everything that happens on site. It cuts waste, improves productivity and gets you paid faster.
We know that this is the construction wave of the future. Find out more about it here.?