Posts

Showing posts with the label Enterprise Information Management

Why Financial Visibility Is Becoming a Competitive Advantage in Construction

Image
Introduction The hardest part of the job has never been winning projects; rather, the real challenge is keeping them profitable once they start. Projects generate hundreds of thousands of decisions regarding additional work authorizations, time tracking, equipment usage, subcontractors, materials, and many other details. If such data flows freely within the organization, company executives can gain insight into how projects are going and address minor problems before they become major. Unfortunately, that's not what happens all the time. In rapidly growing construction businesses , project information is scattered across emails, spreadsheets, handwritten documents, mobile phones, accounting applications, and other sources. Each department knows its little bit of the story, but no one has the whole story at the moment it matters most. That's why financial transparency is no longer just about reports. Financial transparency is now a competitive edge that enables contractor...

6 Tips to Maximize ROI - Enterprise Information Management

Image
  Growing businesses face an abundance of data. That data poses a host of challenges, but if you can overcome them, you’ll unlock valuable insights that can help you continue scaling up. To address the complexities that ever-growing data sets bring, most organizations turn to an Enterprise Information Management (EIM) solution. We’ve explored how enterprise information management solutions fit within an Enterprise Collaboration Program, and we’ve taken a deep dive into choosing enterprise information management software. Now, let’s go through some best practices to help you make the most of your investment in EIM, so you receive the full benefits of your powerful new solution. #1 Think Beyond IT During Implementation With EIM rapidly becoming a standard addition to IT infrastructure, far too many teams are approaching it as “just another software project.” Like other software implementations, EIM solutions tend to have highly technical requirements, but failing to acknowledge and p...