Remove Accounting Remove Construction Remove Forecasting
article thumbnail

Marketing and Accounting Teamwork?

Construction Marketing

In the past, the marketing and accounting functions within a company were not frequent collaborators save the annual budgeting or forecasting process. Today, thanks to technology, software and systems, marketing and accounting teamwork is not only possible, but effective. Marketing and Accounting Harmony.

article thumbnail

Global Construction Forecast / Outlook

Job Order Contracting

Global Construction Forecast / Outlook. China, the Unite States, and India , are projected to lead construction growth, accounting for approximately 60% of increases. Average global construction growth is pegged at 4.0% Average global construction growth is pegged at 4.0% over the next decade.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. Create Rolling Enterprise Cash Flow Forecasts.

Cash Flow 130
article thumbnail

Traditional Facilities Construction Cost Management Failure – Repair, Reno, Maintenance, and New Builds

Job Order Contracting

Traditional construction cost management remains problematic for most real property owners. Traditional Construction Cost Management Failure. I can dynamically track every dollar in my budget and forecast critical costs with real time data from the field, while staying in sync with the accounting system.

article thumbnail

2023 industry recession to be deeper than first forecast

Construction Enquirer

Construction output is now expected to fall by 6.4% this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Key points of Spring forecastConstruction output falls by 6.4% Key points of Spring forecastConstruction output falls by 6.4%

article thumbnail

Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Diving Deeper into Construction Data.

article thumbnail

How Inventory Control Saves Construction Teams Resources

Construction Business Owner

How Inventory Control Saves Construction Teams Resources. Practicing inventory control helps your construction team save time & money while keeping you organized. All sorts of businesses rely on inventory to provide goods and services to their customers, but when it comes to construction, supplies and materials are truly essential.

Inventory 226