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Posts Tagged ‘Profitability’

Is PSA Software the Key to Solving AEC Firms’ Bottom-line Profitability?

Thursday, August 7th, 2014

AEC firms face constant challenges balancing budgets and getting projects completed on-time and on-budget. Precious time is often lost when project managers manually work on support functions and administrative tasks (i.e. assigning specific projects to different people, over/under budgeting, not logging in time efficiently, etc.), putting a wrench in workflow and profitability goals. Operating these tasks manually is costly, time-consuming and can be prone to errors. A recent survey on FoxBusiness.com [1] revealed small business owners collectively waste four billion hours of company time annually by spending too much time on back-end support functions and administrative tasks. A manual approach keeps AEC owners and management from focusing on what’s important – their core business processes.

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