Construction Business Owner

JUNE 26, 2019

For any company with a fleet of light- or medium-duty vehicles, from service contractors to vendors and those in the transportation industry, increasing profitability often comes down to fostering an environment of greater employee accountability.

Profitability 243

Profitability Accounting Transportation Environment 243

HardHatChat

FEBRUARY 11, 2025

For Directors of Construction, engaging the right general contractor (GC) who can work seamlessly with commercial architects is essential to mitigate risks and achieve project goals. Accountability: Clear communication protocols make tracking progress easy and identify areas needing attention.

Commercial 177

Commercial Risk Contractors Feasibility 177

Construction Business Owner

MAY 25, 2017

If you are a general contractor, the odds are you will require the services of an outside accountant from time to time. At first glance, it can be difficult to tell the difference between the certified public accountants (CPAs) out there. But do they all deliver the same value?

Accounting 227

Accounting Claims Contractors 227

Viewpoint Construction Technology

MAY 2, 2018

It’s no secret, though, that many contractors rely on spreadsheets for workflows like accounting, project management, scheduling and estimating. We’ve seen many contractors replacing manual processes with software solutions for their construction workflows. The Challenge of Disconnected Construction Software.

Accounting 211

Accounting Viewpoint Software Software 211

Safety Services Company

DECEMBER 31, 2024

When Mohawk Industries , the worlds largest flooring manufacturer, decided to join ISNetworld, it set a clear signal to contractors nationwide: working with them now requires meeting compliance standards outlined by ISN. For contractors, this presents both an opportunity and a challenge. What Is Mohawk Industries? Photo by Erin O.

Industrial 125

Industrial Contractors Insurance Safety 125

Viewpoint Construction Technology

FEBRUARY 14, 2024

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Viewpoint 319

Viewpoint Accounting Risk Contractors 319

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. To help contractors prepare, Viewpoint recently hosted a webinar on how contractors can get ready for the new standards. So where should contractors start?

Contractors 227

Contractors Accounting Contract Viewpoint 227

Construction Business Owner

MARCH 10, 2025

But financial operations automation can help contractors navigate these changesand thrive. He has worked with clients large and small, from accounting firms to resale partners and in between to ensure BILL is a solid technical and workflow fit for many industries. Thu, 04/10/2025 - 12:00 1:00 p.m.

Finance 270

Finance Construction Renovating Accounting 270

Viewpoint Construction Technology

MARCH 13, 2024

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Project Management 245

Project Management Management Accounting Viewpoint 245

Viewpoint Construction Technology

MAY 16, 2019

From designing effectively to reducing waste, we have come up with seven tips and best practices that can help contractors stay above water. You can avoid paying employees to stand around and wait by watching the job progress, following the weather, assessing individual worker speed and accounting for construction delays.

Contractors 295

Contractors Inventory Schedule Materials 295

Viewpoint Construction Technology

JULY 24, 2018

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. In the back office, accounting and HR teams are the workhorses that get these tasks done day in and day out. Viewpoint understands the challenges you face as an accounting, HR or other back-office professional. Don’t miss out!

Accounting 200

Accounting Finance Viewpoint IRS 200

Job Order Contracting

FEBRUARY 3, 2025

According to industry data, the average bid win percentage for a commercial contractor is 25%, meaning for every 10 bids submitted, they would win 2-3 projects. Importance of tracking win rate: It’s crucial for contractors to actively monitor their bid win rate to identify areas for improvement and strategize for better bid submissions.

Bidding 147

Bidding Construction Defense Contractors 147

Viewpoint Construction Technology

JANUARY 24, 2018

The majority of construction companies are using a variety of software solutions for accounting, project management, estimating, and other important functions. percent of contractors reported using six or more solutions. Compared to other industries, construction tends to be slow to go digital. Five years ago, 22.9 In 2017, only 16.6

Software 217

Software Software Contractors Change Orders 217

Construction Business Owner

AUGUST 12, 2019

They are controllers, chief financial officers (CFOs), managers, accountants, vice presidents (VPs), and more, all from general contractors, sub-specialty contractors, public accounting firms, heavy-highway contractors, construction management firms and others. .

CFMA 269

CFMA Conference Accounting Contractors 269

Viewpoint Construction Technology

JANUARY 23, 2025

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Accounting 169

Accounting Viewpoint Risk Contractors 169

Viewpoint Construction Technology

MAY 23, 2024

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Accounting 169

Accounting Viewpoint Risk Contractors 169

Viewpoint Construction Technology

FEBRUARY 6, 2018

With today’s rapid-fire project management and construction accounting demands, it’s easy to fall behind in the race to digitize the jobsite and fully connect the Office, Team and Field.

Contractors 223

Contractors Seattle Viewpoint Industrial 223

Viewpoint Construction Technology

JULY 27, 2017

When you’re dealing with jobs that are in the six, seven, and even eight figure budgets, project management can become very complex with many variables to account for. As industry costs and fees increase, these tips can help you get some relief from draining the project account. Design effectively. Invest in technology.

Viewpoint 214

Viewpoint Contractors Inventory Profitability 214

Viewpoint Construction Technology

MARCH 7, 2018

Viewpoint’s Digital Contractor Roadshow is kicking off soon and we are on our way to a city near you ! His leadership in business consulting has improved the strategy, operations, and services of Fortune 500 companies, software providers, construction project owners, general contractors, and trade contractors.

Contractors 219

Contractors Consulting Project Management Management 219

Viewpoint Construction Technology

APRIL 17, 2018

Contractors today deal with challenging projects, often with multiple performance obligations. 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. Here are some of the important steps: . Identify the Contract.

Accounting 223

Accounting Contract Viewpoint Cash Flow 223

Viewpoint Construction Technology

JULY 18, 2018

There’s plenty of work out there for contractors, which means they’ve been hurrying to hire. Contractors can expand their businesses organically by offering expanded services. To do this, contractors can expand the areas they work in from their home office or set up a satellite office in a new city. Offer New Services.

Contractors 227

Contractors Construction Office Roads 227

Construction Business Owner

AUGUST 24, 2021

Standard market surety – how contractors can swing back safely from non-standard. Although 2021 projections are looking up, this unprecedented economic situation put many contractors in a tough spot, with uncertain financials making them only eligible for more expensive nonsurety bonds. Accounting & Finance. Greg Ragsdale.

Finance 294

Finance Maine Accounting Concrete 294

Contractor Bookkeeping

OCTOBER 18, 2024

It will give you a framework for generating leads, closing deals, and ultimately increasing revenue through nurturing existing accounts, thought leadership, and practical pricing discussions. A well-defined approach can increase your project pipeline and create lasting client relationships.

Accounting 108

Accounting Deals Construction Sustainability 108

Job Order Contracting

SEPTEMBER 15, 2022

Ensure contractors do not inflate or negotiate price proposals to account for bidding adjustment factors too low. Ensure contractors appropriately use non-pre-priced items and do NOT bundle multiple items into a single line time without full cost visibility of labor, materials, and equipment. JOC Contractor outreach marketing.

Contract 258

Contract Procurement Bidding Negotiation 258

Job Order Contracting

JULY 7, 2024

Lack of Accountability : Poor financial tracking and reporting mechanisms have occasionally resulted in a lack of accountability for spending, making it difficult to identify and rectify financial mismanagement. This can be attributed to both the selection process and insufficient management of contractors.

Management 242

Management Budget Budgeting Contract 242

Construction Business Owner

APRIL 3, 2020

In this session, you’ll learn three advantages proven, born-in-the-cloud construction and accounting software provides, where everyone from management and field operations to the back office is connected and has complete visibility into your customers and business. Can’t attend this webinar? Embedded Form. cloud software.

Software 313

Software Software Profitability Accounting 313

Contractor Bookkeeping

FEBRUARY 17, 2023

The dirty secret is that Tax Accountants operate like Rough Carpenters because they work fast and furious, and they are paid piece work. It is not a pretty sight. Have you pictured a crew with muddy work gear and boots stepping onto your client's pristine floors?

Accounting 107

Accounting Construction Income Maine 107

Contractor Bookkeeping

DECEMBER 27, 2024

To help with your year-end tasks, take advantage of our exclusive 40% discount on Bookkeeping Templates (consulting, bookkeeping review, and outsourced accounting subscriptions excluded) and Construction Accounting Academy classes now through January 6, 2025. you can use our promo code YEAREND40.

Construction 114

Construction Accounting Drawings Consulting 114

Contractor Bookkeeping

MARCH 1, 2024

Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. Below are five of the most common Do-It-Yourself accounting errors you should avoid. Below are five of the most common Do-It-Yourself accounting errors you should avoid.

Accounting 113

Accounting Income Finance Construction 113

Viewpoint Construction Technology

FEBRUARY 7, 2019

Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. Many contractors experience data frustrations ranging from waiting on IT to build a custom report to trying to make a critical business decision without proper data.

Contractors 204

Contractors Cash Flow Construction Management 204

Contractor Bookkeeping

MARCH 7, 2025

Understanding and managing your gross profit margin is crucial to ensuring the sustainability and profitability of your business as a construction contractor. This key financial metric not only reflects your company's financial health but also helps guide your pricing strategies, project management decisions, and overall strategic planning.

Profitability 84

Profitability Contractors Overhead Income 84

Construction Dive

JUNE 12, 2024

Milissa Douglas, controller for the Marietta, Georgia-based general contractor, uses the artificial intelligence-based assistant to streamline invoice management.

Accounting 138

Accounting Georgia Contractors Management 138

HardHatChat

NOVEMBER 27, 2024

Early Collaboration with the entire team, including your national contractor, is the key to mitigating risks and achieving better results In commercial construction, early collaboration between Directors of Construction and General Contractors (GCs) can be the difference between a successful project and costly delays or budget overruns.

Risk 156

Risk Commercial Budget Budgeting 156

HardHatChat

AUGUST 28, 2018

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services. Getting Too Specific on Specifications.

Budgeting 337

Budgeting Budget Commercial Plans 337

Viewpoint Construction Technology

OCTOBER 9, 2018

If there’s one thing all contractors are interested in, it’s cutting costs. To learn more about how technology like integrated construction software can help you cut costs for your business, explore our ViewpointOne solution , which gives contractors the flexibility they need to build software packages based around their needs.

Contractors 189

Contractors Software Software BIM 189

Contractor Bookkeeping

JANUARY 3, 2025

To help with your year-end bookkeeping tasks, take advantage of our exclusive 40% discount on Bookkeeping Templates (consulting, bookkeeping review, and outsourced accounting subscriptions excluded) and Construction Accounting Academy classes through January 6, 2025. you can use our promo code YEAREND40.

Construction 115

Construction Accounting BIM Profitability 115

Job Order Contracting

SEPTEMBER 7, 2022

Cost visibility, transparency, and accountability are virtually nonexistent. Most traditional JOC Programs lack Urgency Accountability Communication and Empathy. Implementing a best value JOC Program is a skill that requires owner leadership, commitment, and accountability. A few comments to consider… #1.

Procurement 261

Procurement Products Construction Accounting 261