4castplus Blog

4castplus Blog

15 15, 2018

Vendor Accruals... Are You Keeping Track?

You thought you had your project all wrapped up when, SURPRISE, vendor invoices just keep coming in.  Whoops, things didn’t go as well as you thought. The costs on your project keep soaring, and you have to keep updating your project reports to your superiors.



Why Vendor Invoices Keep Coming In

This happens because vendors rarely invoice you at the time they completed the work, or delivered the materials.  The problem is, if you wait until vendors invoice you to show the cost on your project, then you’re in for a lot of surprises.

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27 27, 2017

Make the Move: 3 Reasons to Embrace the Cloud in 2018

Did you know? More than 90% of organizations are using some level of cloud services for business applications and data storage. This is according to last year’s Intel Security cloud security research study, which also made the stunning assertion that, “in the next 15 months, over 80% of IT budgets will be committed to cloud solutions."



As we move into 2018, more and more companies are seeing value in cloud-based construction software systems. This is a vital and strategic move for any organization that executes complex construction projects: there is just
far too much at risk by not adopting a centralized, collaborative cloud platform, so delaying – or accepting the status quo – is no longer a tolerable option.  Here are just a few reasons why it’s so important:

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20 20, 2017
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26 26, 2017
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16 16, 2017

Which is it... LEM or a Daily Field Report?

Construction contractors are increasingly adopting technology to track their daily costs and activities from the jobsite. Some will refer to this as tracking their daily LEM – which stands for Labor, Equipment and Materials – however others may call it Field Data Capture; and some may call it the Daily Field Report, or Site Superintendent Report. Although we’ve adopted an industry term, “Construction Cost Tracking” as a general name to describe the activity and process, we tend to use “LEM” as the term that describes the final document(s) that contain all the jobsite data that gets tracked.

If you’re familiar with 4castplus at all, you’ll know that the system enables contractors to track much more than labor, equipment and materials. There’s clearly much more going on than that – so a “LEM” is just a term used that encapsulates the broad variety of everything that gets tracked. Other data that gets captured in the LEM includes: labor expenses like subsistence and meals; along with 3rd party vendor expenses; material field receipts; daily log and the weather. Field personnel can also input production quantities as progressed items that are completed. It also allows field personnel to upload any number of documents into organized document repository categories. There’s additionally a very powerful Vendor LEM option to track the costs and expenses from subcontractors.

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31 31, 2017

Quality Jobsite Data: It will Save You Time, Money and Effort

Successfully managing construction projects is highly dependent on the quality of the data that’s captured about those projects. Whether you’re using the data to manage costs, bill your clients, pay your subcontractors, determine progress – or all that and more – the quality of that data is crucial to the success of the project. Current, Accurate and Complete – these are the key cornerstones of quality information. What’s more, getting quality data right from the start – i.e. from when it’s first entered into the system – saves organizations tremendous time, money and effort in executing on projects. Not only that, it reduces the chances and effects of any potential claims, disputes, safety issues and delays.  Mistakes and omissions bleed energy and money from your organization. The result is not just costly, it’s often embarrassing – and you are particularly vulnerable if you have any manual “double-entry” of data from system to system.

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31 31, 2016
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29 29, 2016
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18 18, 2015
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08 8, 2015
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