As a General Contractor, can you answer the question “How do I know our forecasts include all outstanding Change Order risk from all of our Specialty Contractors on all of our jobs?”
On today’s modern, fast-paced, and complex construction projects, change is more frequent than ever, and not being able to answer that question at any given point in time puts General Contractors at risk. In addition to hampering accurate project forecasting, out-of-contract work that goes unaccounted for from trade partners threatens fee erosion and dynamic project decision-making.
After hearing from our customers, we’ve identified these Top 5 Change Order Pain Points that General Contractors face:
Curiously, all of these pain points manifest from the same root cause: the fact that as multiple stakeholders work on a project, everyone is tracking Change Orders internally, and how we align on what’s outstanding is through a manual process of:
At Clearstory, we call this The Change Order Gap, which is where Change Orders stall, get missed, and end up spiraling into one of these pain points.
Clearstory was purpose-built to help General Contractors solve The Change Order Gap with real-time transparency and visibility into Specialty Contractor COR risk and exposure, eliminating Change Order pain points at the source.
How do we do it? Clearstory works alongside your project financial solution to surface, track, and resolve out-of-contract costs from all of your Trade Partners across all of your projects in real-time. We do it with our core tool: a cloud-based Change Order Log that your trade partners access with a simple shareable link to ensure you have all of their files, all of the latest revisions, and everything tracked all in one place to eliminate the excuses that cover traditional processing delays.
On top of that, Clearstory has powerful workflows for pricing exercises, backcharges, digital T&M Tags, analytics and project insights, and much more to solve the Change Order Gap.
General Contractors using Clearstory report an instant upgrade to project financial clarity, massive time savings for project teams, faster and more profitable close-outs, and real-time alignment on Change Order Request status with trade partners who are likewise ready for a smarter, streamlined Change Order solution and a productive, happy jobsite.
The best part is you can get started in minutes without changing a single thing you’re doing today. Want to learn more about up-leveling your Change Order game and leaving Change Order headaches and pain points in the past? Contact us for a demo today.