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The construction industry is evolving, and the right construction technology tools are necessary. What’s the key to successful transformation?
The answer lies in artificial intelligence. Using data to make better decisions, construction companies can lower costs, improve quality and reduce waste and emissions. The result? Increased efficiency and more innovative work.
In the past, managing several construction projects has meant dealing with many different sets of Excel spreadsheets. Tracking timelines, payrolls, material costs and expenses this way isn’t just cumbersome. It is also prone to errors at multiple points along the data chain.
When departments operate within technology silos, valuable time and money can be wasted on duplicate and incorrect information simply because departments don’t communicate with one another or with the construction teams on site.
Briq eliminates these challenges. It makes vital financial information accessible through a single automation and machine learning (ML) platform. It also ensures that any new piece of data is accessible by all team members, from the project manager dealing with site operations to the CFO with an eye on the big picture.
And with Briq’s powerful data analytics, it’s much easier to plan and do the kind of forecasting that can have a significant financial impact as multiple projects grow and take shape – helping you keep costs under control and within budget.
Control the money workflow from bid to completion
Briq uses AI to offer insights and generate up-to-date visibility on the state of business performance. Instead of time spent entering and collecting data, mundane processes can be automated. This consolidates data and yields more accurate results.
Valuable information concerning cash flow and costs is easily accessible, giving you more visibility and control over your cash flow. With improved transparency and better access to actionable information, it’s easier to evaluate complex construction projects requiring real-time insights, not next week or month, but today.
Fight the labor shortage with automation
Better financial insights translate to better control over all facets of the construction planning process, including employee retention. One of the critical challenges in a construction sector stung by labor shortages is keeping employees happy, and working with you, rather than the competition. This also applies to essential suppliers as new projects are onboarded.
Workers can use AI to eliminate mundane processes and improve workflows. In turn, this lets them focus on what they do best and unleash their full potential. As activities become more meaningful, so does the success and recognition that makes employees feel valued and appreciated for the work they do.
Briq’s cutting-edge technology helps retain and attract top construction talent. It ensures that incoming Millennial and Gen-Z employees can work with the kind of technology they expect. In turn, this helps make their work more efficient and productive.
Seamless communication streamlines work
Because communication is at the heart of a data-driven business, the link between superior technology infrastructure and a high-performing workforce is critical. Briq delivers the valuable data-based insights users rely on. It gives them the information they need to make collaboration easier and work together on common goals.
Briq facilitates seamless collaboration between teams, so employees can work more efficiently. With our technology, your team can easily look at historical and current data. They can also use the AI-based automated systems built into the Briq platform to plot performance and generate projections based on predictive scenarios and strategies that enable better decision-making and smarter planning.
By relying on real-time, data-based evidence, construction companies can use AI-enhanced data science technology to generate the immediate insights that help automate workflows, streamline processes and limit waste – ultimately improving margins and the bottom line.
Secure critical business data with ease
Briq doesn’t just automate construction workflows and unify business data on a single platform. We also keep data secure in-house and from prying eyes. Every project can have built-in permissions, so only specific titles or roles can access certain project data. These permissions mean that employees can access the data they need — but no more. In addition, Briq is SOC 2 and SOC 3 compliant, the gold standard in security compliance for cloud-based services and SaaS providers. This ensures your sensitive business information is kept secure across the platform.
Briq brings the power of AI to construction operations through automation and machine learning. We help companies use the power of data-driven insights to plan and communicate more effectively, letting them bring in more projects on time and on budget.
Update your technology by incorporating AI and ML in your business. To learn how Briq financial automation can help you make better data-driven decisions, book a demo and talk to our team at briq.com/demo.
