Viewpoint Construction Technology

OCTOBER 23, 2018

Data analytics and business intelligence have become hot topics in construction as firms are seeing the benefits other industries are realizing. The industry as a whole is looking for ways to help contractors get smart about data. And true data analytics is more than just tracking traditional job costs and cash flow.

Construction 241

Construction Software Software Cash Flow 241

Construction Business Owner

APRIL 1, 2011

Industry News. Industry Statistics. The buzz at this year’s ConExpo-ConAgg certainly indicated that this is a hopeful time for the construction industry, or at least a time of cautious optimism. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Publications.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Marketing

APRIL 5, 2023

Wellness-Focused Properties Gyms, spas, and other wellness-focused properties are becoming more popular in the real estate industry. Investors should consider how much exactly the dividend yield is to forecast how much they can make.

Income 210

Income Construction Equity Sustainability 210

Viewpoint Construction Technology

JULY 5, 2018

Southern Botanical , an industry leading commercial and residential landscaping company headquartered in Dallas, Texas, needed a better way to give its clients a secure method for online payments. Internally, Southern Botanical was also looking for greater revenue cycle efficiency and more consistent cash flow.

Viewpoint 200

Viewpoint Innovation Subcontracting San Francisco 200

Contractor Bookkeeping

JANUARY 7, 2022

The past two years have been anything but ordinary, and frankly, we are having a tough time with the economic forecasts models we follow, including our internal ones.

Industrial 90

Industrial Forecasting Construction Profitability 90

Levelset

JULY 25, 2022

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. “Cash flow is critical.

Debt 97

Debt Cash Flow Equity Finance 97

Construction Business Owner

SEPTEMBER 1, 2022

The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be. To avoid this, you should abide by all industry standards for storing construction materials, especially if you do business in a harsh climate. Construction inventory is expensive. About Sortly.

Inventory 190

Inventory Resource Construction Materials 190

cnstrctr

JULY 1, 2019

The second reason is for cash flow. These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Forecast – the forecast needs to at a bare minimum identify what your budget numbers are, costs or committed costs to date and anything left over or any over run.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Levelset

JUNE 14, 2022

Contractors report that supply chain disruptions impact inventory and their ability to forecast for the future. As reported by the US Census Bureau, the construction industry is experiencing the most significant price hike since the 1970s as specialty contractors carry the burden of upfront, out-of-pocket expenses required to start new jobs.

Materials 52

Materials Cash Flow Deals Finance 52

Carol Hagen

DECEMBER 8, 2011

Here in Arizona, the Valley of the Sun Chapter of the Construction Financial Management Association (CFMA) is conducting an on-line Construction industry salary survey. Please share this with others in the industry as the more contractors who participate, the more valuable this construction resource will be.

Arizona 135

Arizona Budgeting Budget Resource 135

Construction Business Owner

SEPTEMBER 13, 2011

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

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JUNE 8, 2011

Industry News. Industry Statistics. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. Get educated on the bleeding edge products and science in our industry. To the contrary, those of you still in business are the top notch performers in our industry. Equipment Management.

Construction 120

Construction Software Software Equity 120

Construction Business Owner

MAY 11, 2011

Industry News. Industry Statistics. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. Get educated on the bleeding edge products and science in our industry. To the contrary, those of you still in business are the top notch performers in our industry. Equipment Management.

Construction 120

Construction Software Software Equity 120

Carol Hagen

MAY 30, 2012

I wrote this in hopes of helping the construction industry become more successful and promoting the importance of networking with your peers. The CFMA is a great organization, has local chapters across the country and the members will tell you that “Building Profits” Magazine alone is worth the price of membership.

CFMA 129

CFMA Construction United States Contract 129

Autodesk Construction Cloud

JANUARY 9, 2024

In 2023, the construction industry grappled with the lingering effects of supply chain disruptions, inflation, and ever-present labor shortages —a narrative that has become all too familiar. Moreover, Reportlinker forecasts the global construction market to see a 17.2% And things continue to look up: Data from Deloitte shows a 7.4%

Construction 137

Construction Autodesk Industrial Sustainability 137

Levelset

JULY 15, 2022

Industry research shows that the US electrical industry has more than 1 million employees working for 200,000 businesses — and annual revenue exceeding $200 billion. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. You need to be a master of your cash flow.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 19, 2022

Industry research reveals that the US painting industry includes over 255,000 businesses with total annual revenues exceeding $35 billion. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing as smoothly as your paint.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

If you’re looking to start a plumbing business, it’s the perfect time to get with the flow. Industry research shows that the US plumbing industry includes over 130,00 businesses (and more than 500,000 employees) with total annual revenues exceeding $130 billion. Keep the cash flowing through your financial pipes.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Autodesk Construction Cloud

JUNE 8, 2023

The famous Aristotle quote that goes, “Well begun is half done,” rings very true in the construction industry. Doing so enables you to eliminate potential change orders and pay applications, ultimately leading to better cash flow. When you stay on top of project planning and design from the beginning (i.e.,

Profitability 98

Profitability Bidding Estimating Risk 98

Buisness Facilities Contributed Content

NOVEMBER 18, 2013

The report forecasts a modest increase in the short term, but does not expect a small increase to cause a major disruption to the recovery. In 2014, investors will re-focus on the fundamentals that are being driven to commercial real estate as the prospects of cash flow growth are increasingly evident, according to survey respondents.

ULI 83

ULI San Francisco Fort Worth San Jose 83

Building Radar

NOVEMBER 11, 2024

Capitalizing construction loan interest can have significant implications for project budgets, cash flow, and tax deductions. Capitalizing construction loan interest can reduce taxable income and improve cash flow by spreading the interest costs across the asset’s life, which is particularly advantageous in long-term projects.

Cash Flow 52

Cash Flow Construction Guidelines Profitability 52

Levelset

JULY 22, 2022

Industry research notes that the US roofing industry consists of more than 80,000 businesses employing 250,000 people — and annual industry revenues exceed $50 billion. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Review your cash flow regularly.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Autodesk Construction Cloud

NOVEMBER 8, 2022

Construction supply chain management refers to the processes, systems, and practices used to manage the flow of materials in the construction industry. Focus on planning with accurate forecasts . Costs tend to fluctuate when the supply chain is tight, so it is essential to plan and forecast appropriately. Tech to try .

Management 98

Management Construction BIM Materials 98

Autodesk Construction Cloud

OCTOBER 28, 2021

Every year, Autodesk University (AU) brings industry knowledge to light, leaving construction professionals from across the globe with a wealth of actionable insights. Jump to industry learning: Great decisions require access to great data. trillion in global construction industry costs in 2020. That includes $88.69

Autodesk 52

Autodesk Industrial Construction BIM 52

Pro Builder

MAY 29, 2020

Home builders that survived the Great Recession offer strategies for recovering from the coronavirus' impact on the industry and economy. Pro Builder asked home builders and industry consultants about what lessons they learned and strategies they used to survive the Great Recession and how those apply in the current situation.

Cash Flow 91

Cash Flow Debt Housing Consulting 91

Pro Builder

JUNE 6, 2022

Over the last 10 years, the housing industry has been recovering from the Great Recession when single-family housing starts plummeted over 80% in three years and more than half of home building and trade contractor businesses went bust. When you’re out of cash, you’re out of business. b) Allows for cash flow forecasting.

Management 52

Management Cash Flow Profitability Schedule 52

Autodesk Construction Cloud

JULY 7, 2022

Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . If you’re an SMB in the construction industry, you’ve likely built a strong reputation that helps you win new and repeat business. . Unfortunately, the industry is struggling to accomplish this. .

Software 105

Software Software Management Construction 105

Autodesk Construction Cloud

JANUARY 31, 2022

We asked recognized leaders, technologists, and industry strategists from across the globe to share their top trends and predictions for future-proofing a construction business in 2022 and beyond. Sumit Oberoi, Industry Strategy Manager for APAC at Autodesk. APAC construction industry transforming at a rapid pace.

Construction 97

Construction Autodesk BIM Modeling 97

Construction Cost Estimating

APRIL 25, 2019

As soon as the project is procured, estimate details flow automatically into Sage business management software, removing unnecessary tasks and data entry errors. Sage Estimating also facilitates forecasting the labor, raw material and other overhead costs so that the contractors can arrange & deliver correct bids.

Bidding 40

Bidding Estimating Software Software 40

Autodesk Construction Cloud

JULY 8, 2021

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. . Firms can analyze these costs to improve future estimating, budgeting, and forecasting on similar projects. . This is where construction cost codes come into play.

Construction 52

Construction Profitability Budgeting Budget 52

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow. Look at financial data as time allows and in a historical context only, no forecasting. Work-In-Progress (WIP) report the ultimate gauge for cash flow and least understood.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Pro Builder

MAY 3, 2023

Having an agility mindset means you can better confront and manage labor shortages, higher insurance costs, supply chain disruptions, and cash flow challenges. A rigid approach will fail in the new normal of our industry challenges. A rigid approach will fail in the new normal of our industry challenges.

Deals 52

Deals Cash Flow Management Forecasting 52

ProcurementExpress.com

APRIL 15, 2019

Over the next couple of decades, the construction industry will face a profound transformation that will shake up everything from how we order supplies to how we work with machines. is the construction industry’s version of Industry 4.0. In other words, the term represents the digitization of the construction industry.

Procurement 52

Procurement Construction BIM Modeling 52

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. 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. Let me tell you about Construction’s Secret Weapon.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

PSMJ Resources

JUNE 19, 2012

After a five month period of growth, it seems as though the architecture industry has finally caught up with the rest of the economic factors that have been sinking as of late. Revenue continued to grow at firms with commercial/industrial specialization, as this remains the strongest sector. A Broader Economic Forecast.

Resource 46

Resource Architecture Commercial Cash Flow 46

Autodesk Construction Cloud

MAY 5, 2023

However, they felt very accounting-focused and struggled at tracking field-level activities. A shift in the construction software industry Software decisions were primarily made by the IT department or back-office staff in the past, but this trend has changed in recent years.

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

DECEMBER 2, 2021

Setting accurate cost estimates and tracking budgets in real-time help with accurate forecasting and cost control. In construction, as well as many other industries, one of the most common ways to track project budgets is by using analog methods powered by Excel. The Pitfalls of Poor Cost Management in Construction.

Management 52

Management Change Orders Construction Budgeting 52