Jul 12-2020

Don't you wish the construction business be profitable ?

Construction business is one of the two most risky businesses, the second one being restaurant business. Factors for the losses and reasons for  ultimate closing of the business may be different.

With more than 30 years of construction industry experience I can find practical ways to reduce the risk in construction business.  Tools an techniques followed by the construction business makes a big difference. Backed by decades of industry experience, we have developed Realtraker, the most cost effective real time construction management app. 

Your objective as a construction company whenever you have a project is to do as much work as you can each day you show up on the construction site. However, this will not be achieved if you do not do proper planning, scheduling of tasks and getting feedback regarding the progress of individual tasks. To have this done most companies hire a couple of officers who are responsible for the planning and making sure all tasks are handled within the planned time period. However, this method of doing things is time consuming and not smart enough. It may also lead to delaying of projects mainly due to uncoordinated information that may be needed by management to take important decisions

It’s for this reason, V-Plan Inc backed by 30 years of construction experience had developed  Realtraker app to help you organize and ease the access of all the data you may need to make decisions. All you have to do is input a few parameters into the web app and it will do the rest of the work for you. Let me share with you what you will benefit as a construction company when you use this web app.

1.     Eases access to construction data by all team members

With Realtraker, all members on your team that have an account with us will be able to have access to the information about the various projects your company is handling. Some of the information includes, the deadlines of the various tasks, the priority of tasks, the people responsible for each, etc.

2.     Monitoring the daily expenses of the company

This section of the app will show you the expenses that your company incurs on a daily basis. You’ll also be able to access history of expenditures from the previous days. This data is later used to generate reports that are used while making decisions.

3.     It has smart tools that will boost your productivity

The web app has smart tools like the planner that helps you plan and schedule projects based on priority. It also has a time log and calendar that shows the history and the time various tasks and projects were completed. These tools will help your team to always be aware of the priority projects and when they have to be completed.

4.     It auto sends daily reports

This app also has the capacity to create daily reports about the construction works and also send the reports to the team members that need such information. This will save you the time that you would need to create and generate these reports manually

5.Track and manage changes

In any construction project, there will always be changes along the way. With Realtraker you will be able to track these changes and these can be used to make better decisions while planning for future projects.

6. Profit Genie and Cash flow forecast

You can manage the profits by setting up the base estimate of the project and further generating profit report with each transaction and for all scenarios. You can create What If profit reports.

Complex cashflow forecast reports and graphs can be generated with ease using Cashflow feature. 

Relatraker has many more features to make your construction business a profitable one.

So why not signup on Realtraker and enjoy the above benefits. The good thing with Realtraker is you don’t have to install the app on your computer to use it. All you need is your browser and your login credentials to access the platform. Please note that Realtraker values your privacy and all your payment information will not be stored on this platform. Payments are safely processed by PayPal and Stripe. 

Published By:

RAJ K, Founder and CEO of V-Plan Inc Canada, leading provider of Qty takeoff, estimation & SaaS for construction