Category: Trends

3 cash flow forecasting tips for your next big construction project

Managing cash flow for a large construction project is tricky — not just because you don’t get paid immediately, but also because you’re dealing with progress claim preparation, submission deadlines, varying substantiation requirements and variation and claim negotiations — all...

/ February 19, 2019

Making Sense of the Construction Tax Landscape

One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Staying on top of tax issues is a full-time job, but one that can ensure...

/ February 14, 2019

5 Critical Construction Project Reports your System Should Pull Without Fuss

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Besides being able to get projects planned and executed on-time, such systems also give businesses...

/ February 12, 2019

Business Intelligence for Construction is On the Rise & It’s Obvious Why Contractors are Loving It

A Challenging Industry Warrants Sophisticated Tools Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. Each project carries a significant amount of risk including countless safety issues,...

/ February 7, 2019
We’ve cut through the clutter and identified the essential BIM terminology.

Sounding Off — Construction Professionals Talk Emerging Technologies

Over the past few years, we’ve seen a significant boom in the amount of technologies construction companies are deploying to streamline workflows, improve productivity, expand the scope of projects, expand access to data, enhance collaboration and generate stronger profit margins....

/ February 5, 2019
Take some time to do strategic planning for risk management now.

State of the Construction Industry: January Roundup

A review of top construction headlines as we close out the first month in 2019

/ January 31, 2019