Having subcontractors is a vital part of your construction business as they perform part of your contractual obligation. However, things get messy when you have too many subcontractors.

Technology can help.

Streamline your subcontractor management in an online, centralized platform like Speedbrick ECHO+ to better track work performance and minimize overpayments.

Here are some tips on how you can utilize technology to manage all your subcontractors:

1. Recognize the costs of manual processes

Whether it’s having data scattered all over the place or departments working in silos, manual processes will cost extra time and money.

Some challenges commonly faced by contractors are as follows:

• The contract team is unaware back charge has been issued to subcontractors
• Take time to look for data
• Back charges not recorded in payment certificates
• Overpayment to subcontractors
• Subcontractors’ variation orders are not being claimed under the main contract
• Subcontractors’ documents scattered all over the place
• Payment evaluation workflow not standardized
• Take time to manually compile data entry reports

2. Improve visibility with construction management software

Unlock unlimited benefits by going digital with construction management software like Speedbrick ECHO+.

Streamline and organize subcontractors on one platform. Get new insights into subcontractor performance every step of the way.

Some benefits include:

• Tracking subcontractors payment
• Tracking work scope
• Tracking back charges and variation orders
• Eliminate manual processes and manual data entry work
• All project teams work on one platform
• Automate reporting with 100% accuracy
• Keep everything organized and instantly traceable
• Deploy standard payment certificate template across all projects
• Generate payment certificates digitally – print, download or share them whenever you want
• Standardize back charge issuance and automatically link to payment certificate

Speedbrick ECHO+ is an easy-to-use construction software designed to assist contractors to boost standardization, productivity, profits, and accountability. It allows management to stay informed and get insights into subcontractors’ financial payments.

In summary, adopting a digital procurement strategy and using construction project management software can revolutionize your subcontractor management, saving time and money while increasing efficiency and transparency in your projects. Embrace the future of the construction industry with cloud-based procurement software for construction like Speedbrick ECHO+.

Find out more at www.speedbrick.com.