Issue 50 | The Property Development Review

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OWNERS MOVE BEYOND TRADITIONAL PROCESSES TO TECH SOLUTIONS TO INCREASE PROFITABILITY AND PRODUCTIVITY.

Developers are looking to face continued extreme pressures in 2024. Between costs, margins, productivity and payments - there are plenty of unwelcomed headaches. To combat this, 48% of construction leaders are turning to technology to increase productivity. This is one of the many ways developers are looking beyond their traditional processes for attraction, retention and overall greater productivity.

digital wallets of permits and tickets. Procore was their solution. The platform offered all team members the ability to issue observations, allocate responsibilities, set timeframes, and send them to subcontractors. By ensuring everything was trackable and not overlooked, JWLand saved over 200 hours on quality and safety reporting. An incredible way to give time back to focus on the part of their business that generates revenue. Their once antiquated process of using hard copy documentation, printing, scanning and filing was replaced by Procore to help them take control over every step of their project lifecycle. They now have one source of truth across their entire portfolio. As owner-developers, they are able to use the platform across their financial management, gain insights into their portfolios and move from development to execution in a single platform. The implementation is easy, so companies like JWLand are able to get up running, fast. Find out more about how Procore is helping property developers across ANZ.

When it comes to technology adoption, owner- developers are leaning into construction management platforms that give them greater visibility across their projects. Importantly, they are investing in platform technology where they can own their data, standardise their project delivery while helping improve safety and also mitigate financial risk. We’ve seen this first hand in JWLand’s investment in Procore . JWLand operates both head contractors and developer functions nationally. They’re a sizable business with currently over 500 sites under construction across Australia and New Zealand. With so many moving parts, they needed a robust technical solution for clear communication, precise documentation and top quality assurance. For them it was necessary to use a platform that held safety in high esteem and that allowed real-time visibility for site workers who can then communicate with the office directly. The required a platform that offered integration with applications like 1Breadcrumb so that they could have all safety and induction documentation accessible in real-time by site workers who then create

26 – April / May 2024

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