Page 50 - CO_April_2023

GUEST ARTICLE TECHZONE Lals Enterprise Management
The Complete Cost &

Software
Services

Trusted partner for Project
Solution
Management & Cost Control

5 Ways Construction Software improves
Cost Control
Lalu Varghese, With so many variables involved in construction construction finances. This includes tools for
Director & CEO, projects, keeping a firm grip over cost control budgeting, project estimating, invoicing,
Lals Software Services is essential. The most effective way to do this is and tracking expenses. When you use a RIB
(Authorised Distributor - RIB to use the right construction software solution. Complete Solution, all these modules are
CCS) in India, is a civil Construction software improves cost control fully integrated. This means project managers
engineer with over 40 years by unifying the different processes in a always work off the same source of truth. It also
of experience in construction construction project. This brings all of your means each stage of cost control, from the
estimation and cost control cost data together, which can be automated initial estimation to the final invoice, all run off
across GCC and South Africa. across the project’s lifecycle. Besides making the same numbers. Starting with an accurate
Lalu shares his insights on the project managers’ lives a lot easier, this estimation is key to successful construction
5 ways construction software provides greater access to accurate project project cost control. Having powerful estimation
improves cost data. In turn, it helps construction managers tools, and then following through with your
make smarter, more informed decisions. estimate with budgeting and expense tracking
tools, is highly beneficial. It means construction
How the right construction software improves costs are visible at all times, which makes cost
Cost Control control easier to manage.
To help you understand exactly how you can
improve project performance, here are some Automate Processes:
of the main ways that software can improve The right construction software solution can
cost control in construction. automate manual processes. This reduces the
Cost Management Tools: risk of errors while improving efficiency. In terms
One of the most obvious ways that construction of cost control in construction management,
software improves cost control is through this has many benefits. Most importantly,
the range of tools available to manage construction managers can be assured that

50 CONSTRUCTION OPPORTUNITIES|APRIL 2023