Get Accurate Labor and Equipment Hours to Improve Construction Cost Management
Accurate job cost reporting is essential for successful financial management but, in my experience, many companies not using electronic field logs in construction are plagued by their inability to capture two essential data points from the field. Labor hours and equipment hours, key building block of what are typically the two highest job cost items, are frequently inaccurate. This is because many contractors still rely on paper for construction time tracking and to record equipment hours.
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