Tag: accounting

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...

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...

5 Ways to Tell if Your Construction Software is Breaking Your Heart — and How to Move On
Have you ever had a friend who was in a bad relationship? Their significant other is not treating them right and you are just watching and going crazy because you know they could do so much better! That’s exactly how...

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....

3 Ways Construction Contractors Can Expand to New Markets
Expanding your contracting business to new markets can bring benefits, but also challenges. Find out how to expand wisely.

3 Keys for Contractors to Navigate New Revenue Recognition Standards
Are you ready for the new revenue recognition standard? We explain what you need to know to prepare.