SignOnSite is licensed by Trillium to provide unique contactless worksite safety platform to help manage risk for complex construction projects

SignOnSite | October 19, 2020

SignOnSite, the construction safety management system, today announced an agreement with Trillium CNG. Trillium is the Texas subsidiary of the Love's Family of Companies that builds and manages compressed natural gas (CNG), electric vehicle (EV), and alternative energy fueling stations across the United States. Trillium will be using the SignOnSite personnel safety application to manage and protect workers at new CNG station building projects. SignOnSite provides construction companies and their workers with a robust, but simple risk and safety management system that leverages the technology already on construction sites. SignOnSite takes a highly unique approach to risk and safety management. Current systems require a top-down management model, where companies not only have to implement risk and safety management policies and procedures, but also have the burden of ensuring that the workers on site actively participate in them. With SignOnSite, however, this model is flipped. The people on site are empowered with simple, straightforward technology that lets them easily engage with and participate in risk management processes. The construction company is then enabled with digital control of their sites and remote risk management capabilities.

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SSON and BlackLine conducted a survey of global finance and accounting leaders to gain a better understanding of robotics automation and the dramatic impact it can have on technology, process, and people. The survey results provide an understanding of the strategies and approaches to automation adoption in the financial close process.


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ENGINEERING TECH

Fernando A. Vazquez Joins Greeley and Hansen as Managing Director

Greeley and Hansen | June 10, 2022

Greeley and Hansen, a multidisciplinary global engineering firm solely dedicated to serving the needs of the water sector, has named Fernando A. Vazquez, P.E., as the new Managing Director, Southeast Operating Group and Latin American Operations. Vazquez has over 30 years of professional experience in the planning, design, and delivery of large water sector projects for major utilities at a local, national, and international level. Most recently, as Vice-President and Senior Business Development Director, for AECOM's Water Group, across the southeast region of the United States, as well as the Caribbean and Latin America, Vazquez has developed successful strategic approaches to expand business growth and established new water practice opportunities. He has also been instrumental in delivering efficient and effective program management while extending and expanding water related services. His public and private sector background has been critical to building consensus among internal agencies, elected officials, and community stakeholders for a broad range of water and sewer projects. He has successfully operated, and managed public utilities at the Cities of Miami Beach and Fort Lauderdale, and throughout his career he has worked on major water projects for utilities in Latin America, including in Argentina, Belize, Colombia, Panama, and Venezuela. In the role of Managing Director, Southeast Operating Group and Latin American Operations, Vazquez will oversee Greeley and Hansen's operations across Florida, including office locations in Tampa, Sarasota, and Ft. Myers along with the firm's Latin America operations in Bogota, Colombia and Guayaquil, Ecuador. As demand for the public supply of water in Florida increases, we're very pleased to have Fernando on our team in this important leadership role. Fernando's public and private sector leadership, client-focus and technical expertise will be extremely valuable to our organization in delivering results for customers that meet the growing, sustainable water needs across the region. His background working with a broad array of critical stakeholders is especially important as we accelerate efforts to further expand our operations and achieve continued strategic growth in the southeastern U.S. region and throughout Latin America." John C. Robak, Chairman and Chief Executive Officer Vazquez, a registered Professional Engineer, holds a Bachelor of Science in Ocean Engineering from Florida Institute of Technology. In addition, he is an active member of the Florida Engineering Society, American Public Works Association, the American Society of Civil Engineers, the American Water Works Association, and the National Society of Civil Engineers. About Greeley and Hansen Greeley and Hansen is a leading global engineering, architecture, and consulting management firm solely dedicated to providing sustainable engineering solutions for a broad range of water and wastewater challenges. The firm has built upon over 108 years of proven civil and environmental engineering experience in all phases of project development and implementation to become a premier global provider of comprehensive services in the water sector. Greeley and Hansen is dedicated to designing better urban environments worldwide.

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CONSTRUCTION

OpenSpace Partners with Shepherd to Offer Reduced Insurance Premiums for Qualified Construction Customers

OpenSpace | June 23, 2022

OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, announced a new partnership with Shepherd, a commercial insurance provider for the construction industry. OpenSpace customers will have access to the Casualty Pro excess liability insurance offering, which provides qualified contractors with underwriting credits and improved coverage on their Shepherd insurance policies, based on their OpenSpace usage. OpenSpace's easy-to-use Capture product completely documents the site, helping to resolve disputes and speed claims processing. OpenSpace customers also typically have a lower risk profile as a result of their ability to catch potential safety issues and costly mistakes before they happen. "We view the application of jobsite capture as one of the most exciting frontiers in construction risk management, and OpenSpace is the clear category leader," said Shepherd's CEO and co-founder Justin Levine. "Our partnership allows customers to benefit from their OpenSpace usage by introducing data from the platform as a new category in our underwriting approach. Our fundamental belief is that contractors who leverage technology to be safer deserve to be rewarded by their insurance providers." With OpenSpace Capture, builders attach an off-the-shelf, consumer 360° camera to their hardhat and walk the site as they normally would. Once the video from the walk is uploaded to the cloud, OpenSpace's computer vision technology stitches images together and pins all the images to the floor plan, creating a trusted visual record of site status. Powered by the company's Vision Engine, the site image map is typically ready to view in about 15 minutes after upload. Better site documentation leads to stronger collaboration among stakeholders, reduces the need for project managers to travel to site, provides a historical record of progress—and now—can reduce insurance premiums. Over the past few years, we have been thrilled to see how the data OpenSpace helps capture and organize is being used in surprising new ways that impact our customers' business. We're excited to see how that data can help simplify and improve insurance coverage for builders. The industry needs better, smarter, and more cost-effective ways to manage risk and we're proud to partner with Shepherd to make that change a reality." Jeevan Kalanithi,OpenSpace CEO and co-founder About OpenSpace Founded in 2017, OpenSpace is an AI technology company on a mission to bring new levels of transparency and efficiency to construction and real estate. With our platform, builders automatically capture a complete visual record of the jobsite, providing visual data that increases coordination, drives accountability, and simplifies dispute resolution. To date, our customers have used OpenSpace to capture more than eight billion square feet of imagery from active construction projects across thousands of sites in over seventy-six countries.   About Shepherd Founded in 2021, Shepherd is a tech-enabled managing general underwriter providing casualty insurance for middle market commercial construction. Their mission is to make construction safe and sustainable through innovative insurance products.

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CONSTRUCTION

Construction Procurement Platform Agora Announces Rebrand to Kojo, Expands into All Major Trades

Kojo | May 24, 2022

Kojo the construction industry's leading procurement platform, formerly known as Agora announced its new name and expansion of its platform to every major trade, including mechanical, concrete, drywall, roofing, flooring, and self-perform general contractors. Kojo also shared that it has grown its annual recurring revenue by 4x year-over-year. "The construction industry has been overlooked by tech for too long. By expanding Kojo's solutions to every major construction trade, we can now help even more contractors solve problems that are critical to their businesses, Our mission is to make it faster, easier, and more sustainable to build the world around us, and I'm so proud of what our team has built to empower contractors in such volatile times." Maria Rioumine, co-founder and CEO of Kojo With more than $300 billion spent on construction materials annually in the US, Kojo is helping contractors grow more resilient against the extreme volatility in materials prices and supply chain disruptions of the past few years. In just the last year, Kojo launched new products that help contractors manage their warehouse inventory, reconcile invoices, and track their job progress against estimates. Using Kojo's RFQ feature, contractors can quickly check material prices and availability across thousands of vendors, saving 3-5% per order or the equivalent of hundreds of thousands of dollars per year. In the field, Kojo decreases the time supervisors spend managing materials by up to 38% - an average of $175,000 in annual productivity gains. For office teams, Kojo automates manual data entry, shortening the time to process each purchase order by up to 75%, the equivalent of $124,000 in savings per year. "Kojo's solutions completely changed how our team manages our supply chain, which is a life saver given current constraints," said John Mraz, owner of Einheit Electric Construction Co. "By just using Kojo's Request For Quote feature, I would say we're achieving 10-20% in material savings. The money we save through Kojo allows us to invest further in our team, grow our business, and focus on what we do best – build." Last August, Kojo announced its $33 million Series B funding round led by Tiger Global, with additional key investments from 8VC, Tishman Speyer, Jerry Yang, Michael Ovitz, LeFrak, and Kevin Hartz, bringing total funding to $45 million. About Kojo Kojo is the leading materials procurement platform for trade and self-perform contractors across the country. By connecting office teams, field crews, and vendors on one all-inclusive procurement platform, Kojo gives contractors control over their procurement process from takeoff to closeout, enabling them to improve profitability, productivity, visibility, and standardization across their organization.

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CONSTRUCTION

RedTeam Announces Integration with Sage Intacct

RedTeam | August 16, 2022

RedTeam, a leading construction management software platform provider, is pleased to announce an integration partnership with Sage Intacct, the market leader for cloud-based integrated accounting, payroll, and payment systems. RedTeam has partnered with Sage for many years, supporting contractors throughout North America using Sage 100 Contractor and Sage 300 CRE. Integration with Sage Intacct and designation as a Sage Marketplace Partner enables RedTeam to serve the Sage user community better and expand its presence in the market with a superior combined offering - RedTeam and Sage. RedTeam complements traditional accounting solutions by tracking every aspect of the creation, negotiation, and execution of contractual agreements, then archiving complete sets of documents along with comprehensive digital audit trails for each. RedTeam engages every member of construction business organizations — field, front office, back office — with enterprise-wide workflows to facilitate broad situational awareness, support data-driven decision-making, and ensure optimal operating efficiency. "It's not all about the office or the field. Our contracting roots taught us that teams must be in sync. Connecting the entire team is RedTeam's strength." -Michael Wright, founder, RedTeam. RedTeam and Sage worked closely to deliver integrations with all three of Sage's construction accounting solutions, designed to leverage the unique functionality of each. "We are excited about our expanded partnership with RedTeam and the new integration capabilities, as it enables our customers to utilize RedTeam's best-in-class features for creating and managing contracts and commitments," said Dustin Stephens, Vice President of Construction and Real Estate at Sage. The new integration facilitates interoperability allowing Sage users to choose the accounting platform that best meets their current business needs while providing flexibility to adapt to future demands without the risk of disrupting jobs in progress. "RedTeam and Sage's commitment is to deliver real-world solutions for their clients, RedTeam's comprehensive suite of cloud-based solutions delivers the powerful tools general contractors need to enhance efficiency and collaboration throughout all project stages. Supporting project teams with the right information at the right time is essential to drive successful project outcomes and protect profits. RedTeam's integration with Sage Intacct is a critical step to make a meaningful impact on the people who create our built environment." -Jim Atkinson, CEO of RedTeam. RedTeam's suite of construction solutions features products ranging from field-management software to enterprise-level workflow and management solutions. RedTeam appeared on the Inc. 5000 list of the fastest-growing companies in the United States in 2020 and 2021. Over 1,000 general contractors and over 100,000 users manage a collective $25 billion of commercial construction work with RedTeam. About RedTeam: RedTeam is committed to construction management excellence. We built our software from hands-on experience to help contractors face the day-to-day challenges of commercial construction. RedTeam clients experience seamless management of projects on and off the field with real-time collaboration, expedited contracting, compliance, and change management. RedTeam is construction management software built by contractors who understand construction.

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Spotlight

SSON and BlackLine conducted a survey of global finance and accounting leaders to gain a better understanding of robotics automation and the dramatic impact it can have on technology, process, and people. The survey results provide an understanding of the strategies and approaches to automation adoption in the financial close process.

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