5 Reasons to Simplify Your Estimating Process in 2021 (& How Software Can Help)

5 Reasons to Simplify Your Estimating Process

Simplification should be at the top of every contractor’s list of to-dos for 2021. Last year was a complicated year for everyone in the construction industry, replete with challenges like new safety precautions, project shutdowns, and tougher competition for bids. If one of your company’s new year's resolutions is to make life a little simpler for everyone on your team, your estimating process is a wise place to start. 

More contractors are making the switch from Excel and manual processes to estimating software that enhances accuracy, efficiency and mobility. Check out our list below for our top reasons why you should make the switch to digital this year.

Reason #1: Reduce stress for your team

When you simplify your process, reduce the risk for error, and coordinate better, you’re removing added stressors for your team. And after a year like 2020, who doesn’t like the sound of that? 

How estimating software can help: Software reduces the risk of human error and makes the process more organized and run more smoothly. Less errors also mean more accurate bids, which could be the difference between winning or losing a job. 

Reason #2: Increase your productivity and profit 

In the construction industry, time is money. Streamlining your pre-construction process means increased productivity and, as a result, more bids.

How estimating software can help: Software can streamline your work, eliminating the time you would normally spend on manual data entry, calculations, and file transfer. This means you can spend more time doing the work that matters most and produce more estimates in the same amount of time. 

Construction Estimator working on a competitive bid

Reason #3: Get ahead of your competition

Commercial building has dropped significantly as a result of COVID-19, making the bidding process more competitive than ever. 

How estimating software can help: One error in an Excel sheet can throw off your entire estimate. Software helps you ensure your bids are accurate, making them more competitive and reliable, and helping you to win those crucial jobs. 

Reason #4: Serve your customers better

Winning a bid is important, but so is giving your customers an accurate estimate. Accurate bids will ultimately save your customers time and money, and leave them with a positive impression of your company. 

How estimating software can help: Software simplifies and organizes your estimating process, helping you to exude professionalism and provide the best service possible. The result? Your customers will be more likely to choose your company for their next project or recommend you to others. 

Reason #5: Adapt to the new normal & prepare for the future

Construction often lags behind other industries in the adoption of new technology. Companies who want to survive — and thrive in — the pandemic must adapt and be prepared for whatever 2021 has in store. Even after the pandemic is over, elements of the “new normal” may remain, such as the increased importance of storing project data in the cloud, collaborating remotely, and working from home. Companies who use this year as a chance to evolve will be ahead of the curve when the pandemic is over. 

How estimating software can help: Digitizing simplifies processes, but making the switch can be daunting. Embrace new technology, including digital platforms and the cloud, to allow your team to work from anywhere. 

There are many reasons to simplify your estimating process in 2021. What reasons matter the most to you? 

Want to learn more about making the switch to estimating software? Read our executive report, 5 Steps to Making the Move to a Digital Pre-construction Platform.