Green building can mean a lot of different things to a lot of different builders. From environmentally friendly building materials, to fuel-efficient vehicles and tracking technology, such processes are all falling under the label of going green in construction. But perhaps the most traditional method for building green is associated with the paperless process.
This tried-and-true method is still a top priority for many contractors, with technology front-and-center as an enabling tool. For example, Catamount Constructors, www.catamountconstructors.com, Roswell, Ga., recently announced the adoption of technology from Textura, www.texturacorp.com, Deerfield, Ill., to help.
The commercial contractor will adopt CPM (Construction Payment Management) from Textura as part of a paperless-billing process. This includes electronically collecting invoices and lien waivers, tracking compliance requirements, and processing payments directly to a subcontractor’s bank account.
According to Mike Plungis, chief financial officer, Catamount Constructors, the company is strongly committed to providing a top-notch service to its group of subcontractors while conducting business in what he calls a “progressive, environmentally responsible manner.” He points to technology as being a strong enabling tool to this practice, but allowing the company to not only automate the entire invoicing process, but also pay its subcontractors directly, which subsequently results in faster payment and lasting relationships with subcontractors.
This is a trend that continues to take hold in the construction industry. Going paperless has long been associated with reducing costs and additional burdensome tasks on employees. These days it seems technology is becoming much more adept at fitting the bill in enabling the paperless builder to exist. From automating payment processes, to eliminating the need to generate documents at multiple points across an organization, information technology can be a construction company’s most strategic weapon in going green.