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Back office support can make or break your construction company and that’s where we come in. We can do you the most good by bringing order to your chaotic contractors bookkeeping mess! Most of our clients come to us because they believed they needed someone to straighten up their contractors bookkeeping services system, help them get current or quarterly payroll tax filings, sales tax returns and a variety of other tax issues. That is only the tip of the iceberg! 

The real value in working with us is not just getting you out of trouble now but keeping you out of trouble in the future so that you can focus your time and energy where it will do you the most good…acquiring profitable and pleasant customers and clients and satisfying their needs. 

 

Warm Regards,

Randal DeHart | Premier Contractors Accountant

 

This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

 

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Mar 8, 2019

This Podcast Is Episode Number 0305, And It Will Be About 5 Ways Drone Technology Is Revolutionizing The Construction Industry

Technology is shaking almost every facet of our personal and professional lives. Whether you are a tech enthusiast, a tired engineer or a corporate cog who loves the status quo, you can barely live without technology today. Automation, construction accounting software & accounting software, computerization, and artificial intelligence are now the order of the day.


Then there is the drone technology. Initially, drones were used for aerial photography. But today, drones are finding broad applications in the construction industry. They are changing the way project managers operate a product. Drones make things accessible across different sectors of building development and infrastructure.

Here is a quick round up of how this technology is revolutionizing the building and construction industry around the world.

1. Faster Site Surveillance and Inspection
As a project manager, you need to make sure everything is going well. You need to oversee all the construction activities including surveying. But you might not have the time for doing all that and still deliver on your core project goals. Some construction sites occupy vast spaces. Others are situated in far-flung areas. Sometimes, you have to inspect terrains that are hard to access by humans.
You need a better solution to help you maintain a close vigil of the site from surveying to setting up to actual construction. Thanks to drone technology, it will be pretty simple to inspect every stage of development and also issue reports that would help make work more efficient. 
Again there is the vicious issue of theft that also gives project managers sleepless nights the world over. There are always expensive machinery, plants, and tools that can be plundered by outsiders or a case of an inside job. Drone technology helps in keeping surveillance of the construction site including all activities within and outside the site.

2. Efficient Project Management
For increased productivity during the execution of your projects, you need to be highly efficient. There are some ways a diligent manager can implement to achieve utmost efficiency. But one of the best solutions you can embrace is adopting the use of drones. 
From project marketing, surveying, board meetings, workforce management, and communication, drones are useful everywhere.
Moreover, drones are useful when it comes to handling multiple sites. Instead of a manager visiting every single construction site, he will just deploy a drone that relays a compressive view of the construction site in question. 
Additionally, some construction projects have a performance and attendance management software system which manages the performance of teams and individuals for ensuring the achievement of the overall project goals. As such, a drone would be linked with the performance management system to analyze the data transmitted and generate progress reports in real-time. 

3. Improved safety practices
The construction industry is mostly categorized as one of the most dangerous working environments to operate in. There are heights to scale and the risk of slipping and falling off. There are rough and unpredictable terrains to navigate. There are heavy machinery and plants to operate. Then there are sharp working tools.
In other words, construction workers are also exposed to health threats due to hazardous tasks and risky maneuvers. More often than not, these actions result in injuries and other worst-case-scenarios.
According to a report by the Bureau of Labor Statistics, 6,882,000 were employed in the construction industry accounting for only 4% of the total US workforce. And yet, the same Bureau reported about 937 deaths which accounted for about 21% of worker deaths.
An accident on construction site, from minor injuries to a lifelong physical impairment to death, is the last thing a construction manager expects to hear. Consequently, construction managers have been forced to embrace the use of drones to mitigate the risks and keep the workforce safe and productive on the ground.
Drones tend to undertake tasks that are typically performed in high-risk areas like great heights and inspecting dangerous terrains. Currently, drones are also coming in as best surveying tools. As a result, they make it easier to survey areas that are hard to be accessed by humans. 

4. Improved communication
Just like in any other business engagements, communication in construction sites is of paramount importance. It is the backbone to smooth operations. Given that construction is such a fragmented, dynamic and diverse sector, it renders the role of the project manager extremely demanding and problematic. 
Nevertheless, addressing communication in the industry seems to bear fruits thanks to drones. Drones can be integrated with contact management software that helps convey information from the construction site directly to the board of directors’ meeting.
They will receive a clear real-time view of the ongoing works which are relayed back to the management and supervision team for further action. Unlike satellite images, drone images are sharp and are transmitted faster. 

5. Makes it easier to monitor project progress
There is something funny with most construction plans. While you might think everything is going just fine only to realize that your project is several months late when you smell the deadline.
That is where you start to cross your fingers hoping everything will go fine. You don’t know, for instance, how you didn’t notice the project was eight months behind. All along you thought your work was much on time.
The reality is that determining whether or not a project is at risk of failing to meet the completion deadline is not an easy thing. Of course, plans don’t delay in a single day. It is a long process that takes time. Eventually, it then accumulates into a delayed project.
The good thing is, unlike humans, drones can scan a job site real fast and produce accurate aerial views that give your team—and clients—a grasp of the project’s progression. You then determine the right action to take, whether to cancel an insignificant task, to employ the right talent or tackle issues of resource imbalances. Drones can also be integrated with construction accounting software & accounting software. That way, it becomes easy to handle finances and perform better fiscal projections.

Summing it up
As the industry grows, building and developing is becoming increasingly complex. To achieve your project goals, you need to increase the efficiency with which you are going to execute different tasks. You also want to gain an edge over your competitors and fetch a higher ROI. To stay on top, you need to embrace emerging technology. And, that is where drone technology comes in handy in the construction industry.


About The Author:

Parth Mavani

Parth Mavani is nurturing his future at SoftwareSuggest as Software Analyst. He has keen interest in project management software, payroll software, Digital Signage Software and many more. 

 

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This Is One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

Contractor Bookkeeping Done For You!

Construction Accounting Specialists At Fast Easy Accounting 206-361-3950

Thinking About Outsourcing Your Contractors Bookkeeping Services?

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This guide will help you learn what to look for in outsourced construction accounting.

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Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services.
Bye for now until our next episode here on the Contractors Success MAP Podcast.

 
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We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed

Please Do Not Be Concerned Because If You Are A Contractor

There Is A Good Chance We Can Help You!

Call Now: 206-361-3950

 

Additional QuickBooks Templates, Resources, And Services

QuickBooks Set Up Templates   Solopreneur

QuickBooks Chart Of Accounts     Free Stuff

QuickBooks Item Lists Templates     Consulting

 

We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed

Please Do Not Be Concerned Because If You Are A Contractor

There Is A Good Chance We Can Help You!

Call Now: 206-361-3950

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