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The Best VAT Software For The Construction Industry
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The best Construction Project Management Software for you is the one that most aligns itself with how you operate (or wish to be operating). Keep reading to discover the best VAT software for the construction industry, and how to pick the best one for you!
In considering which software to use, try considering these important factors:
1. How well does the software handle your overall workflows as well as the VAT implications?
Most of us will remember our early days where white boards and yellow sticky notes were the primary planning and organisational tools of the office. Everybody knew the system and its limitations, particularly if operating in a multi-team or multi-site environment. When introducing new systems, ensuring that it will be effective is paramount. After all, there is little point having a new system that saves you 10 minutes if it adds ten minutes to the work load of each member of your team. Where possible, trial/workshop a new system with a trusted core group to really ‘test drive’ the collaborative features of the software. This is likely to highlight the pros, cons and potential challenges that could come from a wider roll out.
2. Cost or Investment?
Implementing Construction software is going to have an impact on time and money. Done correctly, however, the right software will more than pay for itself many times over in terms of cost savings and productivity when in operation. This is amplified even further when taking into account the cost implementing new processes and procedures for VAT and the potential cost in fines alone (let alone in terms of manpower and time trying to find and correct errors) if done incorrectly.
The options available on the market vary massively in price so best to start by focusing on the features that will meet your specific needs. Then, compare the cost of obtaining and implementing that software against the cost or impact of not doing it. If the benefit is greater than the cost, the argument is all but settled. Be sure to consider all the elements of both cost and benefit including time, errors and opportunities.
3. Does it Fit?
Think of the process you went through finding office space or warehousing. All too often, the problems or flaws only become apparent after you have signed the lease and moved in.
When choosing the right software for you, you should have the opportunity to ‘try before you buy’. This could be a workshop or demo or even as a selection of training modules to let you experience how it operates first hand. In terms of VAT, you should have the opportunity to see it in action handling the calculations and accounts elements that concern you the most and be comfortable the software all but removes the VAT headache for you.
Consider how the software you are trying will match with your current team dynamics and how smoothly and swiftly they can adapt to it. Would it have any impact on other software or systems you are using?
When testing, think about what the product is actually delivering for you in real terms and value. Are the extras delivering value or are they ‘add-ons’ for decoration rather than functionality? Check for intuitive functions that will enable the team to execute common jobs without unnecessary manual processing. Check also how the more advanced, non ‘day to day’ elements might work.
4. Real Return on Investment?
Getting the maximum benefit in the shortest time will be a driver to the immediate value of your software. Having the teams involved in the evaluation process is useful in getting ‘true’ feedback and having them feel engaged and part of the buy-in process. On the flip side, keep that trial to the appropriate length and keep it straight forward. As tempting as it may be to explore downloads and side functions, keep a strong focus on how it will fit into the workflow and core functions. A too long or in-depth evaluation process can create confusion or even changes in workflow that are harder to reverse.
5. Will they use it?
An easy way to gauge the success of your construction software integration is to check who is using it. If it is only the accounts department and project managers, you may have missed some very important elements of the roll out and are not likely to be getting the maximum benefit and value from your solution.
Like all changes and enhancements, planning is key. Consider the depth and scope of use required by each of the team members and plan for them to be trained specifically for those functions that will be used. If that is only one of the functions, answering questions or comments for example, limit the training initially to that. Exploring the rest of the platform can come later as the system becomes embedded.
Make sure your own workflows and processes are squared away. Identify any manual or bespoke workarounds that are occurring in the workplace before rolling out the new software. After all, the implementation plan is likely to be based on the documented procedures and workflows.
There may be elements of an individual’s role that will change or information or files may change location so make sure they are aware and prepared. It goes without saying that integration with other software or systems will have been checked and checked again before launching.
Who is using it in the Construction Industry in the Middle East?
Software systems for construction need to be bespoke developed for the industry. In the Middle East region, the heavy hitters, movers and shakers have got their systems integrated and developed to deliver the maximum benefits from take-off, project planning right through to final certification with the inclusion of detailed on site management. Candy and BuildSmart were and continue to be developed for the Global Market and have been developed with an extensive practical knowledge of the impact of tax and levies as well as all other complications relating to the operation of construction projects. You can be sure this software will take the introduction and handling of GCC VAT in its stride with consummate ease.
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