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3 Strategies to Keep Your Construction Business Ahead of Inflation Now is the hardest time to be in the construction business. Inflation is hitting hard - we have the highest material prices in 40 years. During our webinar yesterday we explored what challenges the industry is facing and how to overcome them. Here are 3 strategies on how to stay ahead of inflation: 👉 Find problems early with cost tracking By tracking all invoices and plan vs. actual expenses, you can identify problems in advance and make decisions faster. 👉 Embrace change management methods - add contract conditions in case of big deviations - share expenses with client or let them pay directly for materials - inform clients fast about changes order 👉 Automate your budget management With automated budget management, you have detailed insights for cashflow and expenses, without the need to have it all in your head. 🔑 Software is the key. buildbuild’s automated features are designed to find problems early, track costs, deviations and payments, while saving you time and resources. If you want to know more, book a free demo: https://lnkd.in/dCB4tkJe

Join us for an insightful webinar about: How to Control Construction Costs and Stay Profitable During Inflation, on 14 Nov, at 3 PM CET! Inflation is driving up costs globally - impacting materials and labor prices as well as project timelines in the construction industry. Featuring Marko Mihic Jeftic, our CEO, we will discuss the current challenges and how to face them effectively with automated budget and deviations tracking. We'll cover: - Inflation's impact on costs and timelines in construction. - How to monitor budget deviations and stay on top of rising expenses. - Key strategies to stay profitable. By the end of this session, you'll gain practical insights and be better prepared to keep your projects on track during inflation. REGISTER HERE 👇

🎉 Only one week is left until our webinar on controlling construction costs during inflation! Don’t miss this opportunity to learn how to tackle rising costs and secure your profitability. Join us on 🗓️ 14 Nov, at 3 PM. Register now: https://lnkd.in/dKTCxYJP

🗣️Meet Мarko - the speaker of the upcoming webinar: How to control construction costs and stay profitable during inflation. Marko Mihic Jeftic, our CEO, has vast experience in construction management. During his years in the industry he: ➡️ Co-founded a company that reinvented the home renovation journey, with 80 construction sites ongoing simultaneously & with private flat owners as customers. ➡️ Established digitally-enabled construction company, running 800.000m2, 4500+ labourers on sites. During this time, Marko and the team also went through the COVID-19 crisis, with surge on both materials and labour prices. ➡️ Launched buildbuild - software for General Contractors and Real Estate Developers which automates budgets and payments management, tracks ongoing progress and more. Marko knows well the challenges you face in construction during inflation and the solutions that can make all the difference. Join him on 14 Nov, at 3 PM CET 👉 Register for the webinar: https://lnkd.in/dKTCxYJP

We’re excited to announce our partnership with AJAMI group - Building trust since 1990 - a reputable company in Real Estate and General Contracting in Paphos region, Cyprus, with over 30 years of experience. Together, we’re improving project cost control, while reducing the amount of time spent on timesheets and invoices management, to become even more organized and efficient. We do that by implementing our Timesheets and Payments modules, which will be used to dramatically improve budget tracking process and increase the depth of analysis. See more about our partnership 👇

We asked construction leaders about their biggest challenges, and most of you said that 💸 budget and payment tracking is your biggest hurdle. One of our clients also mentions: 🏗️ “I lose money when I can't see the difference between my actual and planned budget, making it hard to improve processes or adjust pricing to cost increases.” We feel you. When projects expand beyond their original plans, budget overruns, and deviations can cause headaches for everyone involved. 🤯 That’s why our software is designed to help you manage every detail with: - Construction-focused expertise - Automated features for budget tracking - User-friendly and intuitive interface - Daily reports and updates 🔍 Want to know more? Request a demo: https://lnkd.in/dCB4tkJe

During my years of experience in construction – from co-founding my first company, reinventing the home renovation journey, and then managing products for one of Europe's biggest real estate developers – I saw the same issues popping up over and over again, no matter the company's scale. ❌ Not meeting plans and running over budget and schedule. ❌ No real-time reports to catch problems early. ❌ No historical data to improve future assessments After a decade we haven’t found the solution. Luckily, besides my obsession with buildings, my guilty pleasure from childhood was technology. I decided to connect the dots and build a solution that meets the construction industry's needs. I started building buildbuild - straightforward and simple software, for General Contractors and Real Estate Investors which connects on-site progress reports with the contract paperwork and payments by: ✅ Automated status reports and certificates ✅ Automated budget tracking ✅ Deviations insights With buildbuild we help you have the bigger picture of the project and I'd love to show you how it works!

🚧If you manage a construction project, this question is for you!🚧 Tackling complex processes is no easy task - each aspect brings its own set of challenges. We're curious to know, what’s the most challenging part of managing a construction project that you face? Help us help you by answering 👇

Yesterday in Brussels, buildbuild proudly represented Luxembourg's thriving innovation ecosystem as part of an official trade and state mission to Belgium. In the Circular Construction section, we discussed the significant impact of the construction industry on the environment in Europe: 🔋 - 50% of Europe's energy demand 💎 - 50% of extracted materials 🚮 - 30% of waste 🌫 - 36% of CO2 emissions 👷♂️ - 14 million jobs Despite these staggering statistics, a large number of construction projects are still managed using Excel sheets, limiting our ability to gather and analyze crucial data. buildbuild offers the easiest solution to digitalize your construction processes. By having access to real-time data on project performance, you can optimize your operations for increased profitability and identify opportunities for innovation. Visit our website to try buildbuild for free or contact us for a demo. Let's revolutionize the construction industry together.

Yesterday in Brussels, buildbuild proudly represented Luxembourg's thriving innovation ecosystem as part of an official trade and state mission to Belgium. In the Circular Construction section, we discussed the significant impact of the construction industry on the environment in Europe: 🔋 - 50% of Europe's energy demand 💎 - 50% of extracted materials 🚮 - 30% of waste 🌫 - 36% of CO2 emissions 👷♂️ - 14 million jobs Despite these staggering statistics, a large number of construction projects are still managed using Excel sheets, limiting our ability to gather and analyze crucial data. buildbuild offers the easiest solution to digitalize your construction processes. By having access to real-time data on project performance, you can optimize your operations for increased profitability and identify opportunities for innovation. Visit our website to try buildbuild for free or contact us for a demo. Let's revolutionize the construction industry together.