CTS Touts the Use of Construction Software to Mitigate Equipment Management Risk

Rockville, MD (PRWEB) November 30, 2011

Rising insurance costs and tighter profit margins are forcing construction companies to take a more active approach to risk mitigation. When heavy equipment is involved, risk management becomes a two-pronged event. In addition to mitigating human risk with safety policies and training, contractors must manage the costs associated with owning or renting equipment. CTS Guides, a leading publisher of construction software reviews, ratings and evaluation tools, has taken a closer look at equipment risk management in a recently-published article titled, "The Importance of Equipment Management Software Applications for mid-market contractors."

Written by CTS President, Sheldon Needle, a construction industry consultant with nearly 30 years of experience offering expert software advice, the article is designed to help mid-market contracting firms understand the role that software plays in managing equipment variables such as preventative maintenance, location, depreciation, repairs and more. In addition to discussing the equipment management best practices of very large construction firms, Needle outlines the construction management software applications that are vital to controlling equipment-related exposure.

"Small and mid-size contractors who use heavy equipment on their jobs are becoming sensitive to the importance of controlling their assets for purposes of resource allocation, job profitability and equipment longevity," Needle explained. "In this article, I've outlined how equipment management mitigates risk and ways that software can help."

Contractors that use heavy equipment on their jobs and are looking for ways to mitigate risk and control costs are invited to read the equipment management article on the CTS Web site. Visitors can also download CTS' free Construction Software Selection Kit, which includes personalized software recommendations from Sheldon Needle. To access the article (no registration required) and download the free Construction Software Selection Kit, visit http://www.ctsguides.com/importance-equipment-management-software.asp.

ABOUT CTS GUIDES

Established in 1983, CTS was the first company to perform hands-on, independent evaluations of software for the middle market. Since then CTS has helped over 23,000 companies select new software and technology. Today, CTS offers software reviews, ratings and evaluation tools, along with expert software advice, that help contractors select new construction management software.

In addition to a free Construction Software Selection Kit, personalized software recommendations are made by CTS President, Sheldon Needle. The company's recourses are also widely used by CPAs, consultants and software resellers to assist their clients during the software selection process.

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