Construction Technology & Your Business
The Changing Face of Contech
We’re here with industry veteran Dennis Stejskal, and our very own Shahrukh Arif to review the history of construction technology, and where it’s going. Technology is always developing in new directions, and that’s no different in the construction industry. In the last 15 years, there were unprecedented leaps and bounds forward. But where do you stand with all of the innovations? Has your business stayed up to date with current tech movements, and is it ready for what’s coming next? Our webinar seeks to answer all of these questions and more.https://youtu.be/9kd1lWstdc4
The Industry Experts
Director – Construction & Real Estate at SageDennis Stejskal has seen all sides of the Construction / Real Estate Software product spectrum– From Sales, to Customer Support, to Industry Consulting, to Product Manager, to Product Line Director for the Construction and Real Estate (CRE) Business Unit and now Director of Customer Experience. He has been on the CFMA Technology Committee including co-chair positions. Additionally, he has spoken at numerous CFMA National events, numerous AGC events as well as most of the Timberline User Group (TUG) events over the last 20 years.
Head of Product at FlashtractShahrukh oversees product management at Flashtract, one of the fastest-growing construction technology companies in the US that are facilitating better billing for their customers. Arif works closely with Flashtract’s customers, partners, and prospects to understand their needs and drive app enhancements for Flashtract users. He has been in the technology industry for the last decade, and in June of 2020, he joined the Flashtract team. Before Flashtract, Shahrukh was involved in the e-commerce space helping brands manage their products with large retailers such as Amazon and The Home Depot.
What to take away from the Webinar?
Moving your company from outdated systems to more current construction technologies seems daunting. The industry has grown and changed exponentially within the last decade. However, both Shahrukh and Dennis pointed out several very important takeaways:
You can move at your own pace.
With all of the construction tech options out there, it's hard to know where to start. Perhaps the most important aspect of modernizing your construction business is simply taking that first step. You may not be totally ready to move to the Cloud, or even think about integrations. But first, you can turn to hybrid approaches, or simple, easy-to-use software that focuses on key parts of your business.
Look at what your software can do for you in the future.
It can be tempting, especially when filling a critical need, to simply purchase the first program that gets the job done. But it is important to look a little closer. Even if you need a stop-gap measure, make sure you're prepared for what's coming next. Does your software use the Cloud? Are they looking at integration with point-systems? Do they specialize in construction technology, or are they generalists? All of these questions are crucial during planning and decision-making.
Most companies utilize Cloud technology.
While five or ten years ago, the answer was quite different, nowadays the Cloud is everywhere. From personal use to business data, the Cloud has proven itself indispensable to business owners and software developers alike. Product updates can be made quickly and indiscretely, saving time and frustration whether you're an owner or providing support. If you haven't looked at cloud-based software yet, there's no better time than now.
Looking for more solutions?
What is Flashtract? Flashtract simplifies payment applications between general contractors and the subcontractors contributing to their projects, eliminating payment delays and profit losses. Our software was built specifically for construction and works alongside contractors’ existing technologies like accounting programs, ERP systems, and project management tools. Best of all, Flashtract is easy to use, quick to set up and fits into virtually any budget. Request a demo today!What is Sage Intacct? Sage Intacct's core financials automate your most important processes, reduce your reliance on spreadsheets, and give you greater visibility into your real-time business performance. Increase team productivity, make fasterdecisions, and drive your business forward. Focus on high-value analyses, insights, and cash flow management – with less frustration and wasted time. Click here to learn more.