In heavy construction, there’s a growing understanding that using specialized construction field tracking software, along with accounting software, is an essential combination. Although many ERP or accounting systems offer some project tracking features, they’re designed with accounting logic and for accounting priorities, so they don’t always deliver the timely and specialized insight into construction project […]
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Industry-wide effort establishes standards and benchmarks for heavy civil contractors. Recent publication and promotion of the Heavy Equipment Comparator by the Association of Equipment Management Professionals (AEMP) and Construction Financial Management Association (CFMA) has cast new light on an important way to improve heavy equipment maintenance.
Equipment essential in heavy civil work is expensive to own, operate and maintain. Still, many contractors struggle to measure their costs and the performance of their maintenance operations and to compare that performance against that of similar companies. A task force of AEMP and CFMA members was formed in 2022 to help them do both.
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