Case Study
Manual Processes Drag Construction and Engineering Firms Down -Taking Profits With Them
IMPACTS OF MANUAL PROCESSES Despite the importance of accurate and current data, most construction and engineering firms collect data using error-prone manual processes Underperforming organizations are 30% more likely than best-in-class to have paper-based processes in place for the field – Aberdeen “...88% of all spreadsheets have errors in them, while 50% of spreadsheets used by large companies have material defects.” – CNBC Nearly half of construction firms have separate systems requiring manual reconciliation or updates – KPMG HIGHER BUSINESS RISKS say they have to make decisions with outdated data struggle to identify potential issues before they become big problems are challenged with incomplete or inaccurate data for compliance and audits say they risk liqui