If you spend more than you take in, then you have a problem. To create the future, you must "read" the present, and you can do this coherently, without errors, with the help of the P&L report. Find out further why an analysis of the profit and loss account can give you direction in business.
The P&L report streamlines your construction business
Only 4 out of 10 construction projects are delivered on time. How to balance the situation?
Delivering construction projects on time is one of the biggest pressures (and challenges) for builders, and the causes of delays are many, varied and difficult to predict or control. The main disruptive factors stem from supply difficulties (related to costs, raw material crunch and longer delivery times), weather factors and staff shortages
Optimizing decision-making process for construction companies
"Knowledge is power. Information is power. Keeping knowledge or information secret can be an act of tyranny disguised as humility.” - Robin Morgan
In order to support its customers, BITSoftware has aligned the Socrate Payroll solution with the new legislative changes, so that reporting is accurate and does not affect customers' business in any way.
Building Performance - What are the most important performance indicators (KPIs) in construction?
Regardless of the industry, indicators are performance measurement tools and are the only means of knowing if a process's performance is improving or degrading and if an intervention is required.
Performance indicators (KPI) are of several types: strategic indicators (market share, profit, turnover, customer satisfaction), managerial indicators (availability of resources, costs, budget), operational indicators (individual performance, process performance, products, specifications, efficiency). If not measured and treated properly, performance indicators can negatively influence the results of companies operating in the field.
The construction industry under pressure to adopt digital solutions
In the last two years, digitization has become a topic of increasing interest even for the more conservative and change-resistant sectors, and the construction industry is under more pressure than ever to adopt new digital tools.
How to increase the profitability of a distribution and logistics company? With the right software solutions!
Managing a distribution and logistics company in the age of speed requires a thorough digitization and automation process to keep up with the advancements. According to Gartner, over 50% of companies in the field are convinced that software solutions have a strong impact on business development and profitability.
[Case Study] FluxVision WMS supports Maracana company's growth goals
Maracana, one of the oldest transport and storage companies with Romanian capital, made its warehouse activity more efficient and reduced working times on all operations with the help of the FluxVision WMS solution.