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Data Analytics Trends in Construction

Viewpoint Construction Technology

Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. Here are just a few of the key benefits: Improving Jobsite Processes and Productivity. And true data analytics is more than just tracking traditional job costs and cash flow.

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Construction Business Owner Blogs

Construction Business Owner

Product Spotlight. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Learn how better change order management and forecasting can help prevent profit fade. change orders. productivity. Equipment Management. Resource Center. foundation.

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Construction Cost Codes: Everything You Need to Know

Autodesk Construction Cloud

Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. .

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Construction Company Failure Root Causes

Contractor Bookkeeping

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Changes in their operations due to contingencies beyond their control. Poor scheduling affects production and cash flow.

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Construction Business Owner Blogs

Construction Business Owner

Product Spotlight. The bigger the company, the more important it is to have a solution that can forecast and budget for the future. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Categories.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

WIP figures refer to products that are part-way through the production or assembly process. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. Which then throws everything off from revenue forecasting to budgeting.

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Process Dependent Vs. People Dependent Increases Contractor's Profits

Contractor Bookkeeping

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Changes in their operations due to contingencies beyond their control. Poor scheduling affects production and cash flow.