By: Rich Uphus | August 15, 2023
ARTICLE - The construction industry has witnessed rapid growth and development over the past few years, with an increased demand for efficient management systems. Construction managers face many challenges in 2023, from managing resources and tracking expenses to ensuring regulatory compliance and maintaining safety standards. A recent survey of construction professionals by ConstructionDive revealed that 65% of respondents cite data management as one of the top challenges in construction management today. As the industry continues to evolve, innovative solutions like File Storage for NetSuite from FullClarity pave the way for addressing these challenges.
Unlimited File Storage
FullClarity's File Storage for NetSuite provides construction managers unlimited storage for critical documents, such as vendor invoices, purchase orders, contracts, transaction photos, and other files. The application offers a single click-to-view feature, enabling easy access to files and reducing the time spent searching for documents. With permission controls, managers can ensure that only authorized personnel have access to sensitive information, thus maintaining the integrity and security of the company's data. A study by Ponemon Institute reveals that 60% of data breaches in construction companies can be attributed to unauthorized access.
Ever-Growing Data Volume
Another challenge construction managers face is the ever-growing volume of data generated by their projects. A report by McKinsey estimates that in 2023, the construction sector will generate 35% more data than it did in 2021. With such a rapid increase in data generation, companies need a safe, limited, and scalable storage solution to keep up with the demand. File Storage for NetSuite is designed to meet these needs, offering a secure and expandable data storage environment without compromising control and accessibility.
One of the vital aspects of construction management is ensuring smooth collaboration between different teams and stakeholders. Document links provided by File Storage for NetSuite facilitate seamless communication between parties by allowing users to share files easily. By simply dragging and dropping files onto a NetSuite record, users can automatically insert a link for quick access by others. This streamlined process improves overall efficiency and reduces the risk of miscommunication or loss of critical information. A Project Management Institute (PMI) study found that ineffective communication could lead to a 56% increase in project failure rates.
The easy upload feature of File Storage for NetSuite is another significant advantage for construction managers. Traditionally, uploading and storing documents was cumbersome and time-consuming, often resulting in delays and inefficiencies. With the drag-and-drop functionality offered by FullClarity's solution, construction managers can now upload files effortlessly, saving valuable time and resources better utilized elsewhere. A report by Deloitte indicates that digitizing document management processes can save companies up to 20% in operational costs.
NetSuite Sandbox Accessibility
In addition to providing a robust file storage solution, File Storage for NetSuite also offers a NetSuite Sandbox feature. The sandbox feature ensures that construction companies can continue to innovate and optimize their operations without disrupting ongoing projects. Construction managers can safely test new processes and workflows before implementing them in their live systems.
A Final Word
As the construction industry continues to face the challenges of managing ever-growing volumes of data and maintaining efficient communication between teams, innovative solutions like File Storage for NetSuite are proving invaluable. By providing unlimited storage, single click to view, permission controls, document links, accessibility to NetSuite Sandbox, and easy upload features, FullClarity's File Storage for NetSuite. is helping construction managers navigate the complexities of the modern construction landscape. It's an essential tool for construction managers to stay ahead of the game in today's competitive and rapidly evolving industry.