The Construction market is more competitive than ever

**We’re here to help you navigate the challenges. **

The last 2 years have been accompanied by a rapid acceleration of some of the most challenging trends in the industry, including volatility, a shortage of top talent, the rising price of materials and rapid consolidation of many firms through significant M&A activity. Construction businesses are increasingly moving up the value chain, creating opportunities to do business in new ways. Buyers are also contracting for more green and sustainable buildings and building projects.

Increasing agility: With marketplace volatility greater than ever before thanks to changing business and regulatory landscapes, your business needs to be able to pivot quickly, not just to manage new ways of working or new services, but new ways of selling. That means you need to be more agile in your planning of business scenarios, the way you use resources, and how you allocate people to projects.

Increasing visibility: To be agile, your firm needs a single source of real-time financial and resource data to track billing, keep reporting simple, and provide a full overview of every aspect of complex building projects. Allowing you to ensure compliance, spot potential project failures, anticipate people and material shortages and provide your onsite managers with the reporting capabilities they need to make decisions on the spot.

Decreasing admin overhead: With many firms still managing projects based on actual costs, you need a reliable way of measuring project progress and assess ongoing cost burdens from materials, leasing, subcontractor costs, and internal costs of machinery. This also frees you from the manual work of compiling your costs and gives you a clear and trustworthy view to report on WIP, margin and ETC/EAC.

Finding and attracting the best talent: You need the best people, and you need them to be able to do the best work. This means maintaining a working environment that can attract the best people to your business. In these circumstances, having the right tools on your side to create a positive employee experience becomes a real competitive advantage. Software that helps your people make the right decisions on a project without having to waste time on repetitive admin, track employee engagement through pulse surveys, and effectively recruit, allocate, and retain the right talent can make all the difference.

At Unit4, we understand that to achieve these four goals, firms need a unified operational platform that helps you remove risk and repetition to free up your teams to focus on activities that add real value.