From Paper to Perfection: The Digital Future of Construction Procurement

Construction isn’t typically ahead of the pack when it comes to pioneering technology innovation or adopting digital workflows. This is particularly true when it comes to traditional supply chain management, where many procurement professionals rely on outdated binders of invoices, paper receipts and unwieldy spreadsheets.

It's become abundantly clear that for most contractors, this manual, tedious and often error-prone approach to managing supply chains is quickly becoming obsolete given the pace and complexity of modern construction. Add to the mixer a growing web of regulatory and sustainability standards, tighter deadlines and margins and deeply fragmented ecosystems of legacy software. As a result, many projects continue to be hindered by miscommunication, outdated supplier information, lost or unpaid invoices, delays and cost overruns.

These rampant challenges were the catalyst behind our latest eBook, where we explore how digital supply chains and connected workflows can eliminate common pain points, reduce inefficiencies from manual processes and embrace the needs of modern contractors.

Get the eBook: Foundation for Change: 5 Ways Digital Supply Chains Can Revolutionize Your Construction Business

This comprehensive resource covers the benefits for all project stakeholders that automated, integrated and real-time ecosystems can deliver, from pre-construction through payments.

Across the guide’s five chapters, we share key insights on the imperative of digital supply chains–from communication to collaboration–influenced by more than 40 years of technology expertise and leadership at the forefront of the construction industry.

These include:

• Fostering greater visibility and deeper collaboration through real-time data
• Consolidating siloed digital environments into single sources of truth
• Eliminating miscommunication between the field and office
• Streamlining processes through AI-powered automation
• Automating payments for simpler, more secure transactions

Download the eBook now and see how you can bring your procurement process into the modern era: