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Can Briq replace Excel in your construction business?

Excel is what construction companies are run on, but the spreadsheets are huge and can be broken easily. Learn how Briq can replace Excel and make your spreadsheets unbreakable.

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Excel is the lifeblood of your construction business. Everything is entered into — usually enormous — spreadsheets, and reports are pulled from the information held within. But, Excel is cumbersome and easy to break. Its cells can become corrupted, or formulas get changed, and when that happens, it’s as if the supply has been cut off. 

Briq can replace Excel, and it’s actually the better choice for your construction business. 

Using Briq is like using a supercharged form of Excel. Your data is locked down to prevent data corruption and minimize errors made. Our platform connects to all the systems you use, which means that data entered into them gets automatically updated in Briq, and vice versa. It also means that Briq can verify the data in your spreadsheets by checking it against what’s in your systems. This automation saves teams time and allows them to focus their efforts on more strategic tasks. Let’s dive into some of the ways Briq can not only replace Excel but also improve your construction business as a whole.

Connect and structure your financial data

Business silos are a common practice in the industry. They allow your teams to focus and specialize. But these silos need to be connected, they need to communicate, and ultimately they need to work together. Connect your systems and people to start working as one cohesive unit. 

With Briq, people, processes, systems, and data are connected meaning teams can work within their specific system, or in Briq, and know that every update is made across the business. Working in Briq means you don’t have to leave your spreadsheet to search for metrics or updates. Everything is on the platform ready to be pulled, manipulated, and analyzed.

And unlike Excel, Briq lets you change the focus of your spreadsheets by simply updating a column. Immediately, you can read your financial and business data differently without any need to rebuild hundreds of spreadsheets or resend reports. Team members can view the data the way they need to instantly.

Analyze project finances with ease

When your WIP is dynamic, you can read it across time. This allows you to witness gain and fade in your profit margins and make decisions based on your past performance. While this information is valuable, it can be cumbersome to maintain. These reports can take many hours to build, and require enormous attention to detail so that no data points are missed. It’s an inherent part of running your financial data out of spreadsheets.

Briq allows you to get the historical project data you need without any additional labor involved. Our platform uses data analytics to automate the process of compiling, organizing, and representing your financial data. It can even detect and pick out financial trends for you. Best of all, it comes in the same format as Excel, so there’s no need to learn any additional interfaces. In just a few clicks, you can get accurate, timely business insights without needing to spend hours getting there. 

Improve financial visibility with the right tools

Better decisions for your business and your profit are what the end goal is and that’s what Briq is all about. Power your gut instincts with undebatable facts and figures — Briq isn’t here to change your mind, rather we’re here to give your industry knowledge and experience the analytical boost you need in the modern financial era.

Briq gives you the ability to quickly work through different scenarios and keeps your business ready to pivot when a change order or a roadblock shows up. It’s a true financial solution that eliminates the problems with Excel while maintaining the benefits.

Choose Briq to improve your financial forecasts by connecting your people, processes, and systems together, giving all stakeholders greater insight into how projects are going and visibility on the cash flow and what the revenue projections are, and what they could be. Schedule a demo.