Streamlined Processes and Faster COR Approvals
Indeed, the ability to instantaneously access documentation from the field significantly streamlined NDX’s own internal processes so they could surface and communicate costs quickly to GCs, accelerating payment and ensuring revenue wasn’t lost because of poor documentation or lost, illegible, or unsigned tickets.
“Once our field teams got onto Clearstory, they understood right away how it could save days of manual processing work for us, and how easy it was to get paid and make everyone’s job more successful,” Nielson says. “Clearstory has put our business on steroids. It just lifted everybody, everybody has seen the benefit of it.”
In fact, individual project profit margins are improving on jobs where NDX has deployed Clearstory, and GCs and project owners are taking notice, too. In the first six months, Clearstory raised net profit on NDX projects by 3 percent. Schedule-challenged, marquee projects are also finishing early as crews take advantage of the productivity from not having to manually document out-of-contract work.
“We've done a couple of big school rebuilds including the Northeast Technical Career College in North Las Vegas where the schedule was tight and the owner was doubtful we’d get work done on time,” Nielson says. “But we hit all of the goals. In fact, we were ahead of schedule for most of the duration. It was a big deal for us and we were using Clearstory on that job.”
Improving Stakeholder Relationships and Bottom Line Results
By providing GCs and owners with a cloud-based Change Order Log that continuously updates itself and keeps documentation organized and matched to specific Change Order Requests, NDX has replaced the antiquated processes that led to delays and disagreements between stakeholders.
“It just creates a lot of trust and transparency, and so for us, has created better relationships with our GCs, because they’re now able to effectively communicate Change Order status to their owner clients, too.”
And by achieving Change Order transparency in real-time with Clearstory’s shared Universal Change Order Log, NDX is no longer negotiating away the value of out-of-contract costs, which puts hard-earned (and already spent) money back in the bank.
“I definitely think Clearstory is good for any Subcontractors that are looking to tidy up their Change Order approach and improve their bottom line,” Nielson says. “If you’re using Clearstory, there’s no way that your bottom line can’t come up and your stress levels go down.”
About NDX
Headquartered in North Las Vegas, NDX provides grading, demolition, and utility services to military, public works, and commercial construction projects across the state of Nevada. Since buying the company in 2006, the current ownership team has grown the company from $3 million to $30 million in gross annual revenue.