Best Practices: The Key Operational and Financial Metrics Tracked by Wireless Constructors

Best Practices: The Key Operational and Financial Metrics Tracked by Wireless Constructors

Best Practices: The Key Operational and Financial Metrics Tracked by Wireless Constructors

One of the biggest challenges wireless constructors face is getting access to timely and accurate progress updates across all active projects.

This includes details around task completion, invoicing status, collections, close-out progress, and all current job costs.

Too often, this data is scattered across multiple trackers and depends on manual updates, which contributes to inaccuracy and delays.

Below is an overview of the consolidated Operational and Financial Dashboards developed by Fieldclix through years of collaboration with wireless contractors.

These dashboards are updated daily and serve as a centralized hub for all the operational and financial data employees need to perform their daily tasks.

Operational Metrics: Boosting FIELD Productivity and Project Control

Operational Metrics: Boosting FIELD Productivity and Project Control

The following Status Dashboard consolidates the critical operational data that Fieldclix clients track across all active projects.

Fieldclix uses GPS and geo-fencing to track field labor hours automatically (learn more here) and allows field crews to provide updates on completed tasks.

The following key operational metrics are updated daily for all active projects:

  • Daily crew hours on-site (by activity - civil, tower, integration)
  • Time spent away from the job-site (warehouse, supplier visits, drive time)
  • Budgeted labor hours and labor hours accrued to date
  • Projected labor hours at completion (over or under)
  • Overtime percentage for the project
  • Task completion with comments and photos (e.g. “Alpha Prepped,” “Beta Prepped”)

These insights help Project Managers identify at-risk projects and make adjustments while there's still time to make a positive impact.

Impact: Fieldclix clients report a 10–15% increase in productive on-site time, enabling them to get more work done every day with their existing crews.


Financial Metrics: Ensuring Project Profitability

Financial Metrics: Ensuring Project Profitability

Tracking job cost data is critical for wireless construction — but many accounting systems rely on manual allocations. This means job cost reports are often delayed or inaccurate, and available only after project completion.

The following Fieldclix Budget Dashboard solves this challenge by automatically updating all job costs as they hit the project.

The Budget Dashboard allows project managers to dynamically track and manage important financial indicators at the project level, including the following:

  • Planned and actual Revenue
  • All current Job Costs (Labor, Materials, Contractors, Rentals, Credit Card purchases, etc)
  • Current Profit Margins (Project P&L)
  • Work in Progress (WIP - Over/Under Billed + Over/Under Spent)
  • Remaining Spend

Impact: The Budget Dashboard provides a real-time picture of each project's financial health, which helps Project Managers identify potential over-runs and make adjustments to preserve target profit margins.


PROJECT STATUS: COMPANY-WIDE VISIBILITY ACROSS PROHECTS AND DEPARTMENTS

PROJECT STATUS: Company-Wide Visibility across Projects and Departments

The Status Dashboard consolidates key operational and financial metrics in one view. This provides visibility into the performance of individual projects as well as employees, teams, and standalone regions.

The Status Dashboard provides employees in difference roles (Project Managers, Division Leads, Finance team) with access to relevant status and tasks specific to their individual responsibilities, such as the following:

  • Budgeted Revenue
  • Key Milestones (e.g. Construction Start: planned vs. actual)
  • Budgeted and Actual Field Labor Hours
  • Estimated % Completion
  • Total Spend to Date
  • Remaining to Invoice
  • Remaining Cash Flow (Remaining to Invoice – Remaining to Spend)

Impact: This visibility helps identify at-risk projects, improve forecasting, and support data-driven decisions at every level. Team productivity and collaboration are also improved by virtue of the immediate access to critical operational data (no searching through emails, cloud storage or stacks of paper).


BEYOND THE DASHBOARDS

In addition to project-level tracking, Fieldclix also offers Dashboards to assess performance across employees, teams, and regions—empowering companies to scale with confidence.

ADDITIONAL RESOURCES

ADDITIONAL RESOURCES

Here are links to some additional wireless construction case studies focused on describing the benefits of operational and financial metrics:


We also offer a free field test to help determine if Fieldclix is a good match for your company. If there's any interest, you can make a request via the button below.

Want to kick the tires? Request a free Field Test.
Want to kick the tires? Request a free field test.
Request a free Field Test
Schedule dispatches, track field resources, complete tasks, and see how you can get an accurate depiction of where your labor hours are being spent. Send us your contact details and a Fieldclix representative will be in touch to schedule your free Field Test.
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