Modern Construction Solutions, Modern Construction Solutions

Construction Management: Supply Chain and Inventory Challenges in 2024

ARTICLE -- Effective supply chain and inventory management are crucial in the rapidly growing construction industry, projected to reach $11.9 trillion globally by 2024. The sector faces challenges such as material shortages, lack of real-time data, and inefficient resource utilization. Technology offers innovative solutions that enhance supply chain visibility, improve inventory accuracy, and more.
June 4, 2024/by Rich Uphus
FullClarity ERP construction management

Building Profits Amid Rising Costs in the Construction Industry

ARTICLE -- In the construction industry, the escalating costs of labor and materials are not just a temporary inconvenience but a significant threat to financial stability and profitability. As companies juggle multiple projects, the lack of visibility into the actual profit loss due to these escalations becomes a persistent issue, often leading to a margin erosion spiral that is difficult to control.
May 14, 2024/by Rich Uphus

FullClarity Forges a Partnership with OSSM

ANNOUNCEMENT: -- FullClarity is thrilled to announce its strategic partnership with OSSM, a distinguished NetSuite Solution Provider Partner based in Ireland. By joining forces, FullClarity and OSSM are set to deliver unmatched, comprehensive ERP solutions designed for the construction and fit-out sectors throughout Ireland and the U.K.
April 17, 2024/by Rich Uphus
FullClarity Automation Success

Constructing Success in 2024

ARTICLE -- Automation promises to address the construction industry's chronic inefficiencies by streamlining operations, enhancing accuracy, and providing real-time insights. Studies estimate that full-scale digitalization in nonresidential construction could lead to up to 20% cost reductions and shorten project timelines by as much as 30%.
March 26, 2024/by Rich Uphus

Rethinking Retainage: The Quest for Greater Efficiency in Construction Management

ARTICLE -- Retainage, a common financial practice meant to guarantee the quality and completion of a contractor's work, is often burdened by outdated manual management techniques that pose significant challenges for construction companies and project-based organizations.
December 19, 2023/by Rich Uphus

Navigating the Automation of AIA Billing in Construction: Challenges and Solutions

ARTICLE -- The AIA Billing process provides a standardized approach to invoicing and payments for construction projects. Two key documents, G702® and G703®, are essential for maintaining clarity, transparency, and contractual adherence and should be automated in your ERP.
November 27, 2023/by Rich Uphus
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