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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Effectively managing cash flow is critical for contractors’ success. 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. Create Rolling Enterprise Cash Flow Forecasts.

Cash Flow 130
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Integrated construction software brings peace of mind

Viewpoint Construction Technology

No words can send a chill down the spine of a construction business owner faster than, “IRS tax audit.” If you own a construction business, you have your own set of issues and priorities. All of these items are vital to the success of any construction business strategy. Other than maybe, “embezzlement.”. And many people do.

Software 208
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4 Mistakes to Avoid in Construction Bidding

Viewpoint Construction Technology

MCM is a CPA firm with a team of accountants dedicated to construction accounting. Construction markets remain competitive, so it comes as no surprise that construction companies have to be at the top of their game throughout a project. Not Keeping Up with Technology and Construction Software.

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Ask These Five Questions When Financing Your Equipment and Software

Construction Business Owner

Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. of every dollar spent on equipment and software in the U.S. was financed.

Finance 189
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Drive Profitability With a Construction-Specific ERP

For specialty contractors, using a construction software platform helps to lay the technological foundation required to support future growth and improved financial performance. The key benefits of using a construction-specific ERP are: Elimination of disparate systems. Improved cash flow. Greater agility.

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Cash Flow Forecasting Solution

Carol Hagen

We all know that cash flow is the life blood of our business (whether you’re a contractor or a CPA firm). To see your future rather than the past, to become more goal oriented, take a peek at Up Your Cash Flow (UYCF). For those of you that do forecasting, I’ve noticed that Microsoft Excel is popular.

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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.