If your company came across a magic genie today and you could request one thing that would have the biggest impact on your business, what would you ask for? Many companies say they want more customers or more clients. This is a faulty wish though for one simple reason: Most companies could not take on the extra work if their clientele was magically doubled overnight.

That’s why we believe the best bet is to wish for – and work towards – higher productivity. The more you can do, the more clients you can take on. For this reason, we are always excited to learn about construction technology that’s making a big difference in the industry. Keep reading to find out how productivity is being improved by technology, then reach out so we can provide a free demo of our software.

There Are Unique Software and Mobile App Solutions

You will find an app or software solution for just about any issue you’re having on a construction project. For example, at Fund Control we provide fund management solutions but that’s just the tip of the iceberg. No matter what your needs are, they are covered by ours or a partner’s software or apps. From streamlining your construction draw process, to improving field reporting, to managing the back office, it can all be covered by technology.

Offsite Construction is Changing the Industry

When the project involves a repetitive floorplan or layout, such as a hotel, hospital, school, or apartment building, much of the project can be built offsite and assembled onsite. This works similarly to the way an auto plant works – there is a worker at each station that has the tools and resources to perform the same takes over and over again, whether it’s wiring or installing a wall frame. This reduces wastes and also allows workers to be more productive.

AI and Machine Learning Are Possible

Construction firms across the country can use data to make more informed choices, which then boosts productivity, lowers risks, and improves the overall jobsite. Now with AI and machine learning systems, companies can use all the data they have collected over the years to predict outcomes on current projects.

For example, by installing AI throughout a project, it can “watch” the way workers complete their tasks and come up with better options. It may find that workers generally need one type of equipment at one location though it is stored far away and then suggest that the equipment be moved. It can help find streamlined ways for workers to complete tasks across the board.

At Fund Control we have created fund control software that helps boost productivity in a unique way. We are offering a free demo so that you can see how it could help your construction loan company complete your jobs easier and better.