The pandemic caused a rapid acceleration of mobile working for the US construction industry. In the past, back office staff working on site would be key in processing physical documents and helping to manage authorizations. But in the new normal of reduced physical contact and mobile working, teams need digital solutions.
The Data Challenge in Construction
Construction generates enormous volumes of data, from project bids and contracts to daily logs, change orders, and equipment tracking. The challenge isn't generating data; it's collecting it efficiently, distributing it to the right people, and using it to drive performance.
Common Data Pain Points
Key KPIs Every Construction Firm Should Track
Financial KPIs
Operational KPIs
Building a Modern Data Infrastructure
Cloud-Based ERP
A cloud ERP platform designed for construction, or configurable to construction workflows, provides the foundation for unified data management. Project accounting, job costing, billing, and financial reporting all flow from a single system.
Mobile Data Capture
Equip field teams with mobile tools that capture data at the point of activity. Time tracking, daily logs, safety reports, and material receipts entered on-site flow directly into your central system.
Automated Reporting
Replace manual report compilation with automated dashboards that pull real-time data from across your projects. Stakeholders get the information they need when they need it.
Integration with Estimating and PM Tools
Connect your financial system with estimating software and project management tools. This creates a continuous data flow from bid to closeout, enabling accurate job cost tracking throughout the project lifecycle.
Exafort helps construction firms modernize their data infrastructure and implement ERP solutions that deliver real-time visibility across projects, financials, and operations.
The sector baseline your KPIs are measured against
McKinsey Global Institute's construction productivity research established that the sector's productivity growth has badly trailed the total economy over decades, and McKinsey's 2024 assessment concludes the industry has still not climbed out of that rut despite available technology.
For a contractor, that is opportunity rather than fatalism. KPI discipline (labor productivity by cost code, schedule performance index, rework hours, cost to complete against forecast) is unevenly practiced, which is exactly why it separates firms.