Construction Industry Software Pays Dividends for Developers
Stimulus measures and a fast-tracked pipeline of construction projects is injecting a once-in-a-generation growth opportunity into the property sector.
This article was first published on The Urban Developer.
As governments continue to prioritise employment through infrastructure investment, contractors and developers who can demonstrate governance-controlled operations are in a good place to propel their organisations to new levels.
The construction industry is faced with increasing regulation and demand for more astute commercial processes from government and private investors. Key to companies scaling up to manage potential new work is prudent business management systems.
In turn, developers and contractors are relying on sophisticated software that can manage secure operational and financial processes to help realise target projects.
While parts of the construction industry have been historically slow to adopt contemporary technology, the right enterprise resource planning system has never been a more important strategic business tool to support organisational growth, according to software executive Jim Farrer.
Using an integrated system to manage projects, deliver transparency and achieve compliance can pay huge dividends when it comes to securing new opportunities.
Jim Farrer, managing director of Construction Industry Solutions (COINS) in Australia
“There are increasingly attractive government and commercial contracts right now and with construction being a common denominator across all areas of the federal government’s national manufacturing strategy, it is an extraordinary time to capitalise on opportunities.”
The managing director of Construction Industry Solutions (COINS) in Australia said further to the unprecedented opportunities that lie ahead, he expects to see joint ventures and collaborative working arrangements become more common.
“Contemporary feature-rich technology is becoming essential for small and mid-tier companies to engage and work with larger players, and we are seeing this throughout our customer base,” Farrer said.
COINS construction software is designed specifically for large and medium contractors, developers and home builders to help them manage all aspects of their business, from financials to project management to business forecasting.
"We work with customers to ultimately drive business insight and organisational growth,” Farrer said.
“More than 100,000 construction professionals across the globe use COINS’ software to manage thousands of projects, evidenced no better than in the UK, where COINS services over 70 per cent of the developer home builder market.”
COINS cloud-based technology continues to be integral in supporting customers to operate remotely during Covid, now considered the “new normal” mode of conducting business.
We genuinely understand the business challenges and opportunities contractors, developers and home builders face at macro and micro levels.
Jim Farrer, managing director of Construction Industry Solutions (COINS) in Australia
“Our software continues to evolve alongside customers, market dynamics and the rapid advancement of the digital era,” Farrer said.
Click here to speak with a COINS construction software expert about how its technology can help support your business growth.
SHARE