This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
From designing effectively to reducing waste, we have come up with seven tips and best practices that can help contractors stay above water. With Viewpoint construction software , creating a master inventory list is simple—updates can be made in real time making it easy to stay on top of your company’s equipment and tools.
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?
One of those clients is electrical contractor, Hatzel & Buehler. She discusses her experience with moving to the cloud-based Viewpoint. (If Viewpoint: For anyone who might not know, can you tell us a little bit more about Hatzel & Buehler ? Viewpoint: Predominantly, what type of work do you do?
Is this Your Construction Accounting Software Selection Process? Choosing a Construction Accounting Software Solution can be a daunting task. Whether you’re a general contractor, highway heavy or specialty trade contracting firm it’s not just features or functions that drive your decision.
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.
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. Reduce wasted materials.
Even as technology and modern processes are changing the way contractors have traditionally done business, the construction industry as a whole is still trying to shake off a big productivity gap. Construction organizations are relying on modern software for accounting, field management, project management, bid management, design and more.
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.
Celebrate construction technology and innovation with Viewpoint at this week’s BuiltWorlds Summit , April 11-13 in downtown Chicago. More than 60 speakers and presenters—including Viewpoint—will share more than 11 hours of groundbreaking educational presentations, panel sessions and more. Connect with the Viewpoint Team.
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.
Viewpoint Team improves project manager data self-sufficiency by providing job cost and billing actuals data without jumping to another application. The reasons most often cited for dated information are lack of access to this data at the right time, query driven reporting and a reliance on accounting/finance for information.
University Mechanical Contractors, Inc. saved 400 hours a year and earned money with Viewpoint ePayments. This was the case for University Mechanical Contractors, Inc. UMC) until the company switched to Viewpoint ePayments and saved more than 400 hours a year in accounts payable time by improving its vendor payment process.
Note: This quiz was originally created for contractors in the Australia, New Zealand and Asia-Pacific markets. If you have interest in learning more about how Viewpoint can help North American contractors, please call +1.800.333.3197 or visit Viewpoint.com. Take the quiz below!
Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. Why Viewpoint Construction Software? At Viewpoint, we know the construction industry. At Viewpoint, we know the construction industry.
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. Moss Adams’ Eve Dreyfus discusses the tax landscape during Viewpoint’s first Tax Symposium Feb. A Tax Review.
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
Contractors have a lot to keep track of daily: from crews on the jobsite and subcontractors to equipment, materials and ever-changing conditions. To keep things organized, most contractors use technology in some capacity to facilitate day-to-day workflows for project management , scheduling, accounting , estimating and more.
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.
Connect to your current accounting system to schedule disbursements exactly when and how you want to improve payment efficiency. Mid-Market Account Executive, Construction Solutions. What is your current accounting system? Accounts Payable. Rotator Image. Status of webinar Featured. Thu, 10/28/2021 - 12:00.
That’s why it is vital for construction professionals on the jobsite to stay connected to the contractor’s back office. For many contractors, the accounting enterprise resource planning (ERP) software is the system of record for data, regardless of whether it’s accounting or operations. The Integrated Field and Office.
Contractors are finding ways to modernize their businesses with software that improves productivity and mitigates risks, while increasing their bottom line. Contractors have begun to recognize these problems and have begun stepping up their efforts to modernize their operations. This can cause additional errors, delays and rework.
At Viewpoint , we are hard at work preparing for the best time of the year—mid-October. This year’s user conference event will feature even more advanced sessions and opportunities for you to learn directly from Viewpoint executives and product experts as well as your fellow construction professionals and industry thought leaders.
Modern, integrated construction technologies are helping contractors realize real-time, automated data collection — and pairing that data with powerful tools to easily analyze the underlying stories the information tells. Viewpoint Field View allows team members to continue capturing data even when working in these remote areas.
Below, we look at the six most common reasons construction jobs are delayed and how Viewpoint can help avoid them. As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months, or even dropped altogether.
The CFMA and Viewpoint share a common goal: transforming the construction industry and supporting its continued growth and success through continuing education, collaboration and innovation. Internally, collaboration is a huge deal for contractors as well. Internally, collaboration is a huge deal for contractors as well.
Human resources functions in construction — whether that means a full HR team, a single dedicated HR professional or, often, members of accounting or operations — can use technology to help automate processes, stay in-touch with field workers and save time communicating with employees. We felt like partners rather than just customers.”.
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.
At Viewpoint and throughout the construction industry, productivity has been a popular topic of discussion. Lagging productivity hurts contractors in many ways, including lost jobs, low profits, and unnecessary headaches like change orders and rework. Improve Communication and Collaboration. Create One Source of Data.
Just look at how many projects aim to achieve LEED certification or the new BREEAM certification, which we recently discussed here on Viewpoint Surveyor. The Role of Contractors in Green Construction. All these benefits demonstrate that green construction isn’t just a trend and something contractors need to know about.
The short, 15-minute webinars focus on a particular industry best practice or technology highlight for contractors, helping them solve key issues they might face every day. Viewpoint product experts highlight challenges contractors face and how Viewpoint’s comprehensive suite of software solutions can help solve those challenges.
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.
Wayne Newitts, Viewpoint’s director of strategic partnerships, recently discussed this topic on the ACHR News Podcast with Herb Woerpel. Viewpoint has been creating software for contractors, including those in the mechanical trades, for 40 years. It’s not news to contractors that doing work in multiple locations is a challenge.
It’s both frustrating and costly for contractors when a construction project is postponed. This helps contractors complete their construction deliverables on time and within budget. As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months or even dropped altogether.
Viewpoint software seamlessly integrates with BIM for increased collaboration. Each stakeholder or contractor maintains their own data and documents. Configuration Status Accounting. Recording and reporting of product configuration is called configuration status accounting. BIM Levels. RACI Indicator.
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.
On a smaller scale, contractors who don’t focus on productivity improvements can face delays, lose out on jobs, and miss an opportunity to improve the bottom line. New data indicates some progress, and new tactics can help contractors do their part to close the productivity gap. So is there hope for improvement? Definitely.
ACCOUNTING |. Accounting & Finance. » Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. STRATEGY |.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content