Building Smarter: How Data and Technology Can Drive Increased Profitability in Construction

Building Smarter: How Data and Technology Can Drive Increased Profitability in Construction

 

Building Smarter: How Data and Technology Can Drive Increased Profitability in Construction

Construction firms face mounting pressures—tight deadlines, rising material costs, labor shortages, and the challenge of managing multiple entities and projects simultaneously. Yet, many still rely on siloed, outdated systems that fragment data, slow decision-making, and erode profitability.

The white paper reveals how unified, AI-powered solutions like Intuit Enterprise Suite can help construction businesses:

  • Consolidate financial, payroll, and project data into a single platform for real-time insights.
  • Automate job costing, intercompany transactions, payroll, invoicing, and compliance tasks to cut costs and save time.
  • Enable better decision-making with customizable dashboards, construction-specific KPIs, and predictive forecasting tools.
  • Reduce technology costs by streamlining the tech stack, saving up to $52,000 over three years.

Backed by Forrester research, firms using Intuit Enterprise Suite have achieved a projected 299% ROI—worth $446,000 in net present value—through improved reporting efficiencies, recovered revenue, and accelerated cash flow. Case studies, such as HFMM Legacy Group, show dramatic time savings and seamless multi-entity management that fuels growth without disruption.

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