Autodesk Construction Cloud

AUGUST 12, 2021

Construction accounting software is a must-have, but may seem daunting to implement new solutions if your accounting technology hasn’t kept up with the complexities of your growing business. No stranger to disruption, the construction industry is experiencing higher levels of digitization than ever before.

Accounting 52

Accounting Software Software FASB 52

Carol Hagen

MAY 2, 2012

Is this Your Construction Accounting Software Selection Process? Choosing a Construction Accounting Software Solution can be a daunting task. It’s the vision of where you are going, recognizing that today’s construction accounting software impacts more than the finance department.

Accounting 164

Accounting Software Software Viewpoint 164

Construction Business Owner

FEBRUARY 14, 2023

Join fellow industry professionals for modern expense policies for construction companies, a one-hour live presentation that will make creating (or updating) your expense policy easy. But creating a modern expense policy that keeps spending in check, reduces rogue expenses, and is easy for your employees to follow must be complicated, right?

Construction 156

Construction Accounting Finance Management 156

Viewpoint Construction Technology

SEPTEMBER 23, 2018

While many businesspeople swear by hard work and technical proficiency as the key ingredients of success, within the construction industry, there is a broader understanding that success is built on more than just structural expertise and hard work. When is the Right Time to Implement Construction Accounting Software?

Industrial 130

Industrial Accounting Viewpoint Construction 130

Levelset

SEPTEMBER 30, 2022

With your back against the wall, dipping into your personal bank account may feel like an easy solution. But when you take into account how long it takes for specialty contractors to get paid, it gets risky quickly, especially if you’re just starting out. And when they are approved, they often don’t get the amount of funding they need.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

Viewpoint Construction Technology

FEBRUARY 28, 2018

Like most industries, the construction industry is constantly evolving to respond to our increasingly digital world. All these changes require contractors to keep up with industry trends and ensure their jobs operate as efficiently as possible. These sectors include single and multifamily housing and industrial construction.

Industrial 180

Industrial Construction Infrastructure Education 180

Construction Business Owner

JANUARY 22, 2018

These durable, versatile and cost-effective loaders have continued their reign in the compact equipment industry because of their power and ability to extend working seasons. Today, compact track loaders account for nearly 20 percent of all financed equipment in number of units, according to Equipment Data Associates (EDA).

Finance 180

Finance Equipment Accounting Industrial 180

Construction Marketing

SEPTEMBER 25, 2019

Software technology is evolving rapidly and construction firms are embracing Cloud Adoption, Accounting/Finance, CRM and mobile technologies. The C-Suite Software Sentiment Study was recently conducted (May 2019) and surveyed over 500 executives in construction and other industries, and all geographic locations.

Software 128

Software Software Finance Education 128

Lets Build

JUNE 7, 2019

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

Estimating 130

Estimating Banking Finance Profitability 130

Viewpoint Construction Technology

JUNE 5, 2018

Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Understand the Effect on Construction Accounting. As we’ve discussed, the changes will definitely affect contract accounting at your business.

Contractors 223

Contractors Accounting Contract Viewpoint 223

Construction Marketing

FEBRUARY 20, 2023

It is important to know that in the construction world, there are many different aspects that need to be taken into account. Strong Finances and Good Credit When you are about to create your Construction and trade business, finances and budgeting should be among the first things on your list.

Construction 299

Construction Risk Management Resource 299

Job Order Contracting

AUGUST 19, 2022

accountability. UK Construction Industry: Key Performance Indicators. Department of Treasury and Finance. Australia: Department of Treasury and Finance. Managing Alliance Relationships: A Cross Industry Study of How to Build and Manage Successful Alliances. Productive construction and collaboration go hand in hand.

Products 201

Products AIA Construction San Francisco 201

Viewpoint Construction Technology

APRIL 17, 2018

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Identify the Contract.

Accounting 218

Accounting Contract Viewpoint Cash Flow 218

Contractor Bookkeeping

JUNE 14, 2013

Project Management Construction Accounting Professionals (PMP) work above the line focused on generating positive outcomes and results for contractors: Increase Sales. Allowing a construction accounting firm to preparer your annual tax return is foolish because there is nobody to review the work. Reduces Expenses. Increase Net Income.

Accounting 48

Accounting Construction Income Contractors 48

Constructonomics

NOVEMBER 4, 2012

The timeline of a traditional construction project begins with the financing, followed by breaking ground. By significantly reducing the overall time it takes to complete the entire project, the modular building method saves considerable costs in financing and damaged or lost materials.

Industrial 255

Industrial Construction Foundation Office 255

Levelset

MAY 23, 2022

In the construction industry, starting a new project means encountering automatic, upfront costs. Getting paid in a timely manner is another challenge for specialty contractors since the average payment collection time for the construction industry is around 90 days. Establish consistent accounting procedures. Invoice regularly.

Cash Flow 59

Cash Flow Lien Accounting Construction 59

BD+C

JUNE 27, 2013

William Sutton, president and CEO of the Equipment Leasing & Finance Association, says the changes will have significant effects on the construction industry because they “will increase the cost of leasing in the early years of the contract and will not match the periodic rental payments under the lease.” read more.

Leases 45

Leases Accounting Industrial Regulation 45

Contractor Bookkeeping

AUGUST 6, 2014

. #1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 2 The financials tell the banker your bookkeeper doesn''t understand Construction Accounting. #3 4 You have no access to a construction accountant, not even for quarterly check-ups. #5

Finance 48

Finance Accounting Construction Banking 48

Construction Business Owner

NOVEMBER 29, 2012

Editor’s Note: This is the second in a six-part series titled “The Project Manager’s MBA,” which analyzes six key components of leading business practice and applies them to the construction industry. To read the first article in the series on finance and accounting, click here.

Project Management 136

Project Management Management Finance Accounting 136

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Pro Builder

OCTOBER 4, 2021

Housing, Industrialized: Your Road Map to Off-Site Construction. But that ordeal didn’t sour Wathen Castanos on industrialized construction (IC). Sidebar: The Synergy of Industrialized Construction and Built-for-Rent Housing. Glimpsing the Industrialized Construction Road Map. Mon, 10/04/2021 - 14:02. Less material waste.

Roads 116

Roads Site Housing Industrial 116

Levelset

JULY 25, 2022

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry.

Debt 97

Debt Cash Flow Equity Finance 97

Viewpoint Construction Technology

JULY 17, 2018

Hear the latest construction trends from industry experts, learn about the roadmap for future software developments and provide critical feedback, understand what steps your peers are taking to improve their organization’s productivity and profitability and much more. How the Finance Function is Changing in the Digital Age.

Conference 140

Conference Viewpoint Software Software 140

Contractor Bookkeeping

NOVEMBER 25, 2013

Let and let us take care of your bookkeeping with Xero Accounting Online! You can see at a glance what is happening with your finances anytime online from your smartphone, desktop, iPhone or any web enabled device. You want someone who understands your industry. We Make Getting Started With Xero Accounting Online Painless!

Accounting 49

Accounting Banking Project Management Washington 49

Viewpoint Construction Technology

FEBRUARY 14, 2019

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. Manage the company’s cash effectively to account for future downturns. Carefully look at the company’s capital assets/expenditures and trends; and.

Viewpoint 192

Viewpoint Construction Contractors San Francisco 192

Pro Builder

APRIL 7, 2021

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. For example, starting in the industry with no home-selling experience and rising to be a top producer, division manager, or even developing and leading the training regimen for new salespeople. Wed, 04/07/2021 - 15:02. Alex Akel, 29. President, Owner. Akel Homes.

Industrial 98

Industrial El Paso Education Cleveland 98

Viewpoint Construction Technology

JUNE 19, 2018

Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. There has also been an increase in mobile device and cloud storage use at companies throughout the construction industry. Proven Construction Software ROI.

Software 186

Software Software Viewpoint Construction 186

Buisness Facilities Contributed Content

MAY 20, 2014

Verizon officially put down concrete and steel roots in Lake Mary as the company’s new Finance Center building, announced in 2013, formally opened its doors to employees and state and local dignitaries at a ribbon-cutting ceremony. .’s new Center of Excellence building in Lake Mary. Photo: Anjali Fluker.). ” Gov.

Finance 49

Finance Florida Tulsa Office 49

Construction Business Owner

FEBRUARY 16, 2012

ACCOUNTING |. Accounting & Finance. Industry News. Industry Statistics. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. Lines of credit are meant to be a short-term cash solution while you’re waiting for accounts receivable to come in.

Banking 120

Banking Construction Cash Flow Finance 120

Viewpoint Construction Technology

OCTOBER 16, 2018

What has become a $10 trillion-plus industry is showing no signs of slowing down, with 85 percent growth in volume expected by 2030 to around $15.5 And, as business globally gravitates further to the cloud to manage financial and operational data, so to does the construction industry. It’s an exciting time to be in construction.

Viewpoint 180

Viewpoint Software Software Accounting 180

Pro Builder

MARCH 16, 2023

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. The construction business has one of the highest project failure rates of any industry.

Innovation 98

Innovation Housing Finance North Carolina 98

Green Building Law Update

APRIL 24, 2022

One can only speculate that as proposed, a whole new cottage industry of large accounting firm associated businesses would spring up to begin to calculate GHG emissions? Admittedly the proposed rule does not require the attestation be by a registered public accounting firm, but it leans hard in that direction.

Regulation 156

Regulation Accounting Drafting Organization 156

Carol Hagen

APRIL 26, 2013

A favorite place for idea exchanges are in the exhibitor hall where you can visit the technology, business and financial leaders in the construction industry. You make more than LinkedIn connections, you make lifelong friendships while meeting the cream of the crop in construction finance.

CFMA 224

CFMA Conference San Diego Software 224

Contractor Bookkeeping

SEPTEMBER 3, 2021

Your finances are negatively affected, and it's up to you to lead the recovery. Although the short-term outlook varies depending on your industry sector, all business leaders need to set up a strategy to guide their way towards recovery.

Bankruptcy 79

Bankruptcy Finance Construction Profitability 79

BD+C

JUNE 22, 2023

With more than 43 years of experience, Averill is an accomplished leader with an extensive background in global finance and business management and a proven track record of leadership and operational excellence at Pepper. In his new role, Averill will assume leadership responsibility for the Pepper Construction Group’s growth and performance.

Construction 52

Construction Finance Indiana Office 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

For one thing, circumstances can change quickly in today’s uncertain construction industry. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . A higher ratio indicates a stronger ability to collect on Accounts Receivable. .

Safety 94

Safety Debt Liability Equity 94

Construction Business Owner

JULY 5, 2023

Combat Quiet Quitting With These 3 Strategies 3 key strategies to better overcome staffing challenges in today’s competitive market mhodges Wed, 07/05/2023 - 08:29 Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.

Virgin Islands 156

Virgin Islands Puerto Rico Samoa Rhode Island 156