Tracking labor, material, and equipment data in real-time is a key to making quick and meaningful decisions on your construction project. Waiting until the end of the month or the pay period for this data to come in can put you at risk for delays or costly overruns. Raken, a field management app, just released an update to their Production Tracking product, which now allows users to track equipment use in real time.
Prior to the release of the Equipment tracking feature, Raken also released tracking products for time and materials. The addition of equipment tracking is their final feature in the Production Tracking product, according to the company.
Within the equipment tracking feature, users can log the use of the equipment they have on site, for cost history building, location tracking, or maintenance purposes. Raken says the new feature will help users gain better visibility into how the equipment is being used, reduce potential contract disputes, reduce manual data entry, provide for better data analytics, and help create more competitive bids.
“Raken’s Production Tracking capabilities fix the problem of antiquated workflows that are slow and siloed, from the office to the field,” said Kyle Slager, Raken’s CEO and founder, in a press release. “With this new Equipment feature, contractors can better track the overall financial health of a project by having access to detailed data for all major costs on a project, including Time and Materials.”
After the baseline of equipment usage has been established within your project, users on site can log which costs codes should be associated with the piece of equipment, how many hours it was used, and add notes, photos, or attachments. Raken then automatically calculates that particular machines total usage and days on-site.
For more information about how all 3 aspects of Raken’s Production Tracking works, you can check out their video below:
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Shane is the creator of Construction Junkie and an active construction project manager. In his career, he has managed interior remodel projects, site development, construction safety, governmental project compliance, and facility maintenance. He has a strong passion for construction technology and safety, as well as sharing the knowledge or insights he has gained throughout his career.