Many construction business owners approach new technology purchases with an overemphasis on price.
What’s more, their concept of ‘price’ is often only considering the construction accounting software price tag and ignores the necessary costs associated with it. These related costs may include:
- Time and effort to research products
- Time and effort to implement a product
- Additional hardware or software needed to support the product
- Training and education of users
- Ongoing technical support
Price-focused technology shoppers usually fall into one of two categories:
- Price becomes the No. 1 criteria for the selection process. Contractors focus on what they can afford instead of what they need.
- On the other end of the spectrum are those who believe that acquiring any technology is most important, no matter the price.
Neither of these extremes usually end with the desired results — the real magic happens somewhere in the middle.
Key Takeaways For Contractors…