Myth: Construction Contractors don’t want to use new technology.
Truth: Construction Contractors DO want technology that is easy to set up, easy to use, and adds value to their business.
Bringing the Value
If you think of a technology product as an employee, it’s easy to see the value that the product brings. Assume your newest employee is Joe. Suppose Joe takes the initiative to find a tool that makes the process faster or easier, or he takes courses and obtains advanced certifications to gain further understanding, or he has excellent interpersonal skills, which translate into leadership ability. In that case, you know you have an accomplished employee worth his wages – an employee who brings value.
Just as an employee shouldn’t be an expense, software shouldn’t be an expense. Software should give you value that increases your bottom line, saves time, saves money, functions well, and is easy to use.
Introducing Adaptive
The same qualities Joe brings to the table can be found in a construction-industry accounting integrated software solution called Adaptive. Here are three valuable aspects of this software.
1 Time savings = cost reduction
One of the early users of Adaptive reported that his accounting staff went from taking three days to complete the Accounts Payable process to taking only three hours.
2 Avoiding mistakes
By automating the process, the chance of errors is significantly reduced.
3 Organized and optimized
Construction contractors are given the added benefit of real-time financial reporting, allowing them to have a pulse of what’s happening right now.
This is software built for builders and their accounting staff and also for outsourced construction-centric accounting professionals.
The Story of Adaptive
The owners of Adaptive took time to listen to their contractor clients and the accounting professionals dedicated to the construction industry. Then they developed a product that, like Joe, brings value.
Adaptive automates job costing and controls cash flow. And! And this software:
Allows you to upload your budgets and track performance in real-time with live estimated versus actuals
Centralizes all your Accounts Payable in a straightforward platform
Lets you pay by check or electronic transfer with $0 transaction fees
Is easy to set up and easy to use
And, like Joe, the owners of Adaptive take the initiative to continue adding to the value of their product. Because of customer evolution (the added value at work), the owners of Adaptive are actively improving their software to meet the needs of their clients.
Let’s Talk Adaptive
You want to know more, right? Well, so did we. That is why Tonya Schulte recently hosted Matt Calvano and Francisco Enriquez (two of the founders of Adaptive) on The Construction Junction podcast episode 22. They were joined by an Adaptive user Scott Turner, the founder of Riverside Homes. You can watch it here or go wherever you get your podcasts to listen to episode 22.
Construction Contractors look to The Profit Constructors to provide advocacy in dealing with:
Clients and customers
Employees and subcontractors
Vendors and service providers
Governmental entities
Working with The Profit Constructors gives Construction Contractors the means to organize their operations in ways that help them:
Remain informed
Avoid hassles
Reduce risks
Be future-ready
Ready for action? Or want to know more? Get in touch today to schedule a complimentary discovery call. 866-629-7735