“We are committed to helping our clients build firm financial foundations, overcome challenges, and best position themselves for the future,” said Katie Powell, Perkins’ shareholder, and co-lead of its construction group. “Thanks to our partnership with ProNovos, our clients now have an efficient way to track, measure, and analyze their progress toward their big-picture goals.”
The approach involves taking data from accounting systems like Foundation or Sage, as well as project-management platforms like Procore, and integrating it into ProNovos’ cloud-based data warehouse and analytical platform.
“Personnel in the office and the field can use any device to log into the system and see only the information they need,” Orr explained. “That could be change orders, submittals and RFIs, the aging of accounts receivable, or the profitability of customers and jobs. It’s the full range of construction KPIs.”
ProNovos serves as a primary data channel for the entire organization, eliminating the need for personnel to master and remember passwords and logins for a raft of different apps.
“Our data warehouse integrates with all the most popular applications in the construction industry and many lesser-known ones as well, and it’s connected to a powerful analytics engine that produces beautiful visualizations,” the data scientist said. “Simplicity and ease-of-use are especially important for superintendents and project managers in the field, most of whom are too busy to decipher byzantine spreadsheets.”
By pulling data directly, contractors no longer need to task personnel with manual reporting in which they eyeball the numbers in the company’s accounting and project-management systems and then reenter those figures by hand into new reports—a process that tends to be error-prone and time-consuming.
“Efficiency has always been critical in the construction industry, but it is even more so today,” Orr said. “Through automation, contractors can eliminate both the mistakes caused by such duplicate entries and the need to double-check that manually entered information, saving them time, money and headaches.”