{"id":29466,"date":"2024-07-05T12:20:00","date_gmt":"2024-07-05T10:20:00","guid":{"rendered":"https:\/\/next-tech.com\/?p=29466"},"modified":"2024-07-05T13:12:17","modified_gmt":"2024-07-05T11:12:17","slug":"the-value-of-next-this-is-how-much-you-can-save-and-grow-with-our-project-tool","status":"publish","type":"post","link":"https:\/\/next-tech.com\/en\/the-value-of-next-this-is-how-much-you-can-save-and-grow-with-our-project-tool\/","title":{"rendered":"The value of Next: This is how much you can save and grow with our project tool"},"content":{"rendered":"<div id='av_section_1'  class='avia-section av-1xr6q1m-3365f7fe935d03c9dc3c733f25003c46 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_textblock  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-29466'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ly5unk6v-d526d5569c38d5c146a824d3a32d7c97\">\n#top .av-special-heading.av-ly5unk6v-d526d5569c38d5c146a824d3a32d7c97{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-ly5unk6v-d526d5569c38d5c146a824d3a32d7c97 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-ly5unk6v-d526d5569c38d5c146a824d3a32d7c97 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-ly5unk6v-d526d5569c38d5c146a824d3a32d7c97 av-special-heading-h1 blockquote modern-quote modern-centered  avia-builder-el-1  avia-builder-el-no-sibling '><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >The value of Next: This is how much you can save and grow with our project tool<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><div id='after_section_1'  class='main_color av_default_container_wrap container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-29466'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-ly5uoca2-70353134e184d2a146a1956d496c5b57 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Never before has the ability to track costs, time and resources been so vital for construction industry. Companies that use modern business systems often experience a marked improvement in their ability to optimise, adapt and scale. By digitizing and automating many of the daily processes, companies can focus more on the construction itself and less on paperwork.<\/p>\n<p>We wanted to quantify the extent of Next&#8217;s value to our customers. To find out, we are in the process of carrying out an extensive study together with an external partner where, through both a large-scale survey and an in-depth analysis of our customers&#8217; behaviour, we try to quantify the value Next creates. The early results look very positive; for an average user, Next often generates 9-30x returns annually, relative to cost. This means that a customer who pays \u00a36,000 per year for Next creates an internal value corresponding to more than \u00a352,000 per year. So where does the value come from?<\/p>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1h3pd16-1de973b5c53026e64204acad36efdd4a\">\n.avia-image-container.av-1h3pd16-1de973b5c53026e64204acad36efdd4a img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-1h3pd16-1de973b5c53026e64204acad36efdd4a .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-1h3pd16-1de973b5c53026e64204acad36efdd4a av-styling- avia-align-center  avia-builder-el-3  el_after_av_textblock  el_before_av_textblock '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-29531 avia-img-lazy-loading-not-29531 avia_image ' src=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost-1030x579.jpg\" alt='' title='Value vs cost'  height=\"579\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost-1030x579.jpg 1030w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost-300x169.jpg 300w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost-768x432.jpg 768w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost-705x397.jpg 705w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Value-vs-cost.jpg 1280w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div>\n<section  class='av_textblock_section av-ly5uput6-cfb91337455f5acef56688523a3dca5b '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Quantified value of Next in relation to cost.<\/p>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_2'  class='avia-section av-1aptwd6-aa280e8110c31ce79df6a5e387fc90d3 main_color avia-section-default avia-no-border-styling  avia-builder-el-5  el_after_av_textblock  avia-builder-el-last  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-29466'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-ly5uqlco-a7053e5adfe1864cdbd271a133c2da93 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>Efficiency, cost savings and risk minimisation<\/h2>\n<p>Next contributes strongly to increased efficiency, cost savings and risk minimization for our customers. Among other things, we see that our customers spend less time on non-value-creating activities as a result of smoother and automated flows, which means that you can execute on more projects and achieve even greater growth. In practice, a field worker saves an average of up to 2 hours per week, a project manager up to 3 hours per week and an administrator 4 hours per week if they use Next.<\/p>\n<p>Furthermore, Next enables more efficient invoicing that reduces the time period from when the work is done until the invoice is paid. This means that Next&#8217;s customers free up capital and reduce capital costs (not acting as a bank for the customers). This means that an example customer with ~\u00a311m turnover per year who manages to shorten the time from the work being completed until the invoice is paid by an average of ~10 days can save ~\u00a313,000 per year by using Next. In addition, they can take on more and bigger projects without having to worry about liquidity problems.<\/p>\n<\/div><\/section>\n<section  class='av_textblock_section av-ly5ur7yh-6792eb266cc526115b624c651d9ecef4 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>Increased growth and profitability<\/h2>\n<p>When we look at customers compared to the rest of the industry average, we see big differences in growth rate. An average Next customer grows by approx. 10% per year compared to industry peers&#8217; average growth of 6%. This means that a company with a turnover of \u00a33m today will have a turnover of more than \u00a36m in 5 years if they use Next, compared to ~\u00a34m for an industry colleague with other or no business system.<\/p>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1y9s4a-71d439974ec1f6ba8d9fd722b2d404b9\">\n.avia-image-container.av-1y9s4a-71d439974ec1f6ba8d9fd722b2d404b9 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-1y9s4a-71d439974ec1f6ba8d9fd722b2d404b9 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-1y9s4a-71d439974ec1f6ba8d9fd722b2d404b9 av-styling- avia-align-center  avia-builder-el-8  el_after_av_textblock  el_before_av_textblock '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-29538 avia-img-lazy-loading-not-29538 avia_image ' src=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1-1030x579.jpg\" alt='' title='Industry benchmark vs next customer growth'  height=\"579\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1-1030x579.jpg 1030w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1-300x169.jpg 300w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1-768x432.jpg 768w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1-705x397.jpg 705w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/07\/Industry-benchmark-vs-next-customer-growth-1.jpg 1280w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div>\n<section  class='av_textblock_section av-ly5urtj3-ed20dbf6bd2e0fed3beced28e5ed07e6 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Next&#8217;s customer growth compared to industry peers with other or no business systems.<\/p>\n<\/div><\/section>\n<section  class='av_textblock_section av-ly5usjtn-7ebfe320b97acc9bf0df27835702d23e '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>The rapid growth is driven by several factors. Among other things, Next enables faster and more reliable tenders (from 3 weeks for a tender to 2 days). This, combined with the fact that each employee has the capacity to handle more projects as a result of the time savings Next makes possible, means that the number of projects for an average customer increases by approx. 10% per year. At the same time, the system enables our customers to see an annual increase in revenue from variation orders by ~25% &#8211; driven by an increased number of reported variation orders by 10%, as well as an increase in average value of 14% annually<\/p>\n<p>Finally, Next enables significantly improved cost estimation through both budgeting and forecasting tools. This both enables our customers to win more projects through more accurate quotations, but also significantly reduces project risk through better control over costs.<\/p>\n<h2>Grow with us<\/h2>\n<p>At Next, we constantly continue to invest in further improving our products and services to ensure that even more value is created for our customers. With the insights from this study, we will be able to continue to be targeted in our investments and development efforts going forward!<\/p>\n<p>Do you want to get even more value out of Next and get help in achieving equivalent results? Contact us here if you are an existing customer or book a demo if you want to see more of our project tool.<\/p>\n<\/div><\/section>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":28,"featured_media":29538,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[89],"tags":[],"class_list":["post-29466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The value of Next: This is how much you can save and grow with our project tool | NEXT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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