How the Right Software Training Can Maximize Your Construction Company’s Profits
Software training. It’s one of those things that nobody wants to do, but it can make all the difference in your construction company’s profits.
Humans are naturally resistant to change. But training your team to adopt the new software you’ve purchased is essential to maximizing its capabilities and creating employee buy-in, and in turn, boosting your bottom line. Here’s how to do just that.
Finding the Right Software
Learning a new software usually involves a steep learning curve. You’ll put in the time to learn it yourself, and then make sure you know it well enough to teach your employees. If you’re going to put in all that work, you want to make sure the software you’re learning is worth the time. There’s little sense in learning a new software only to have it become obsolete a few years later and need to be replaced with yet another new software.
The software you choose needs to solve a problem. Once you’ve learned the system, it should make your job easier, rather than more difficult. So stick with software that’s simple, yet effective. Many construction software aim at reducing the use of spreadsheets due to their obscenely high rate of errors and their widespread use in the industry [CoFi]. Nearly 70% of construction companies still use spreadsheets to track their financials, yet as many as 90% of spreadsheets are riddled with errors [JB Knowledge].
Save Time in Software Training
The idea behind adopting new software is to save time, so it’s important to keep software training quick and straightforward. Set a timeframe for when you’d like to have all of the training completed. And then stick to it. Complex software might need a little longer for company-wide adoption, so consider the difficulty of the software and the technical abilities of your employees when setting your timeframe.
Tailor Software Training to Your Team
How large is your team? Are they familiar with technology, or is it new to them? It’s likely that some of your employees are more tech-savvy than others. It might be beneficial to separate the training into groups so you can tailor it specifically to various skill levels. Or perhaps you have a few employees who will learn it quickly and then be able to train other employees, speeding up the timeline.
Some common methods for training include structured training through the software company, online training videos, and training seminars. There’s no one way to do it, but assess your team and decide what will work best for you.
Maximize Profits with CoFi Construction Payment Software
CoFi’s construction payment software works to eliminate spreadsheets through automation. Both lenders and contractors can use the software to streamline communication and simplify the draw process. It reduces the time spent processing payments, so contractors get paid faster. CoFi software solves problems and is easy to adopt, so software training is simple and straightforward. See how CoFi can help your business. Schedule your personalized demo today!