ConstructBuild Gained Full Project Visibility and Boosted Profitability

The Challenge

ConstructBuild, a commercial construction firm, was managing complex, multi-month projects with disconnected financial tools. They lacked real-time visibility into project costs, leading to budget overruns and shrinking profit margins. Tracking expenses from the field was a slow, paper-based process, which often resulted in project delays while waiting for approvals.

The Solution

By implementing Mardisen Suite, ConstructBuild was able to bring all their project financials into one unified system. They leveraged our Core Accounting and Reporting & Analytics modules to:

• Track Project Costs in Real-Time: Assigned expenses, labor hours, and materials costs to specific projects, giving them an accurate, up-to-the-minute view of project profitability.
• Centralize Expense Tracking: Empowered their field teams to capture and submit expenses on the go, achieving 95% real-time expense tracking.
• Generate Custom Project Reports: Built custom dashboards to monitor the financial health of each project, allowing them to identify potential issues before they became major problems.

The Results

With a clear, real-time view of their project financials, ConstructBuild was able to make smarter, data-driven decisions. This led to a 20% increase in overall project profitability.

The streamlined expense management process eliminated bottlenecks, contributing to a 15% reduction in project delays. The ability to monitor project health proactively allowed them to better manage resources, control costs, and ultimately deliver more profitable projects on time.