Dodge Study Shows How Automation Boosts Profitability for General Contractors
A new study from Dodge Construction Network, in partnership with GCPay, reveals that currently, only one in three (34%) of general contractors automate fewer than half of their subcontractor management processes. The report details data-based benefits of greater automation and digital transformation by general contractors, including increased productivity, profitability and cost performance.
The findings show that half of respondents depend on solutions that tend to create data silos, such as generic software (e.g., Excel), internally developed software for a specific task or commercial software that only handles one or two of the many processes needed to manage subcontractors.