How Construction Software Supports Profit Margins

Consolidating field management workflows with all-in-one software protects your business in an increasingly competitive environment.

Why margins matter more than ever

There are several current factors financially impacting the construction industry.

Rising global costs due to material prices and labor shortages mean fewer projects are making it to bid. Groundbreakings are trending on a decline while cancellations and delays are on the rise, and lending options are restricted as new construction projects are often considered high risk investments.

No room for error

With fewer projects, costlier materials, and more competition for every bid, the difference between a profitable year and a painful one comes down to execution of the jobs already underway. 

Optimization is key to ensuring a project is financially successful. The largest areas of concern are:

  • Labor and cost tracking

  • Change orders

  • Production visibility

Real-time data is essential

Paper forms, individual spreadsheets, and field data spread across multiple apps frequently lead to confusion and miscommunication. If the office doesn’t see what’s happening in the field until it’s too late, productivity suffers, and minor issues can quickly evolve into major setbacks. 

Using an all-in-one software solution for your field management needs improves visibility by promoting consistency. Crews capture and submit data in the same, organized format every day, and the office always knows exactly where to find the information they need to accurately assess progress and better plan future projects.

Projects stay on track, and profits are protected.

How Raken helps protect your margins

Tracking time and labor to cost codes

Raken allows you to track time, materials, and equipment use directly to cost codes and turn all your production data into automated insights measuring actual performance against estimates.

Whether you’re using our mobile time clock, shared kiosk, or supervisor led digital time cards to track time, associate labor hours with your custom cost codes for a detailed breakdown of what resources are needed to accomplish specific tasks. 

Use this knowledge to schedule labor and allocate resources more efficiently.

More effective change order management

Manage the entire change order process in Raken from start to finish. Build change order requests (CORs) from the field on mobile or on web, then link to relevant RFIs and submittals and share with stakeholders automatically. External partners can view, respond to, and approve CORs in our easy-to-use guest mode, no login needed.

Every change order is tracked in real-time and stored alongside all your other critical documentation. Assess ball-in-court status for individual CORs instantly, or get a comprehensive view of all change orders by project or across your entire company, so no detail slips through the cracks.

Raken makes it easy to get faster approvals and ensure unexpected issues are resolved without significant delays or overspending.

Real-time production tracking

With intuitive workflows designed for easy adoption, Raken helps field crews provide clear, consistent progress updates. They can capture work logs, time cards, safety and quality data, and material and equipment use in minutes as they walk the jobsite and complete their daily tasks.

All data is shared in real time to superintendents, project managers, and offsite stakeholders, who can track what documentation is submitted with a visual activity dashboard. Reports and documents can also be easily shared with project owners and your data can be securely connected to your preferred AI agent for highly customizable insights.

Project managers get the visibility they need to make proactive decisions and limit costly downtime and overspending.

The ultimate dispute defense

Raken organizes the data your crews collect into clear, professional daily reports with timestamped photos that show exactly what happened and when it happened. Quickly locate reports from specific dates and times, plus search your project gallery to find photos, videos, and attachments.

Disputes are one of the leading causes of failed projects. Arming yourself with proof of the work your teams complete is an effective way to reach a fast resolution and mitigate the costs of litigation.