Lets Build

JUNE 23, 2023

Cash flow Cash isn’t king – cash flow is. The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.

Profitability 78

Profitability Cash Flow Products Construction 78

Autodesk Construction Cloud

OCTOBER 28, 2021

Relieve these common GC headaches by getting project teams on the same page. Your construction project management skills are constantly put to the test. Want to learn more about how AutoSpecs’ automation can save you time, standardize your processes, and mitigate risk across your projects? Register NOW.

Project Management 52

Project Management Management Documentation Construction 52

Lets Build

JUNE 23, 2023

Cash flow Cash isn’t king – cash flow is. The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.

Profitability 78

Profitability Cash Flow Products Construction 78

Building Radar

AUGUST 11, 2024

Commonly, 5-10% of each payment is withheld until the project’s completion. This withholdage helps manage cash flow and ensures that contractors address any final issues before receiving the full payment. Understanding these implications is crucial for effective project management.

Contract 52

Contract Cash Flow Construction Regulation 52

Fieldwire

AUGUST 14, 2023

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Lets Build

DECEMBER 2, 2022

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. There’s always more to learn.

Management 156

Management Construction Risk Cash Flow 156

Construction Business Owner

MARCH 1, 2012

Equipment Management. Industry News. Industry Statistics. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

OCTOBER 26, 2011

Equipment Management. Industry News. Industry Statistics. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. Resource Center.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

OCTOBER 23, 2018

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.

Construction 241

Construction Software Software Cash Flow 241

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. During any project, the execution stage is usually the most important — it determines the trajectory and timelines of the entire project.

Software 78

Software Software Construction Budgeting 78

Viewpoint Construction Technology

APRIL 4, 2019

We are pleased he took time out of his busy schedule to share his expertise during one of our recent podcast episodes, Construction Economics and the State of the Industry. Having the ability to predict an economic downtown can help contractors manage cash and make appropriate decisions during a recession.

Viewpoint 204

Viewpoint Organization Cash Flow Industrial 204

Viewpoint Construction Technology

FEBRUARY 7, 2019

A Challenging Industry Warrants Sophisticated Tools. Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. There has to be a better way! Fortunately, the problem is not the data.

Contractors 204

Contractors Cash Flow Construction Management 204

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. During any project, the execution stage is usually the most important — it determines the trajectory and timelines of the entire project.

Software 78

Software Software Construction Budgeting 78

Job Order Contracting

DECEMBER 13, 2020

The ability to successfully account for and manage change during a project lies in an organization’s leadership and level of maturity relative to its strategies, processes, goals, and resources. The various capability maturity models (CMM) can be applied to virtually any industry or market segment. CHANGE MANAGEMENT.

Project Management 162

Project Management Organization Capterra Management 162

Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 2) Time & Productivity Management. 5) Material Planning & Document Management. 5) Material Planning & Document Management.

Software 52

Software Software Contractors Change Orders 52

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. Modern construction cost management relies on connected workflows. That includes $88.69

Autodesk 52

Autodesk Industrial Construction BIM 52

BD+C

SEPTEMBER 26, 2024

Maximize project success with project portfolio management, project controls and project management, all in one platform. As one of the most capital-intensive industries, the construction sector’s need for establishing effective project management cannot be overstated. trillion a year.

Management 52

Management Construction Budgeting Budget 52

Construction Business Owner

NOVEMBER 3, 2011

Equipment Management. Industry News. Industry Statistics. For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex. Job Cost & Cash Flow. construction management.

Cash Flow 120

Cash Flow Construction Software Software 120

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Viewpoint Construction Technology

APRIL 2, 2019

As uncertainty lurks in the future of construction industry spending , contractors have placed a focus on technology transformation as a key differentiator moving forward. With most industries advancing technologies at breakneck pace, those still resisting might find themselves at a competitive disadvantage to their peers that do modernize.

Construction 237

Construction Software Software Viewpoint 237

Building Radar

AUGUST 28, 2024

A “lump sum contract”, also known as a fixed-price contract, is one of the most common types of agreements in the construction industry. This type of contract stipulates a single price for all work done on a project, regardless of the actual time and materials used.

Agreement 52

Agreement Contract Risk Budgeting 52

Construction Business Owner

MARCH 1, 2012

Equipment Management. Industry News. Industry Statistics. Collaborating on Cash flow » The Year of Mobile Technology? Every year, there seems to be a new product or service that’s all the industry buzz. You can’t turn the page of a magazine or open up an industry-related website without seeing it.

Mobility 120

Mobility Cash Flow Construction Software 120

Building Radar

JULY 25, 2024

Caterpillar’s impressive financial performance, including $51 billion in sales and $6 billion in free cash flow in 2021, allows it to return significant value to shareholders through dividends and share repurchases. Caterpillar continues to innovate and adapt to market demands, ensuring its leading position in the industry.

Construction 52

Construction Profitability Infrastructure Cash Flow 52

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Project Management & accounting software plays a vital role for construction companies. Now-a-days industry-specific project management software plays an important role for expanding integrated project management modules to participate with the leading stand-alone project management systems.

Project Management 40

Project Management Software Software Accounting 40

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. The future is bright for the construction industry, and the best way to prepare is to stay informed and adaptive to emerging trends.

Construction 137

Construction Autodesk Industrial Sustainability 137

Construction Business Owner

APRIL 1, 2011

Equipment Management. 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. Learn how better change order management and forecasting can help prevent profit fade.

Cash Flow 120

Cash Flow Construction Software Software 120

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

Lets Build

APRIL 20, 2020

Construction schedule delays are a common problem within the industry and for a very good reason. As reported by McKinsey and Company, an average project in construction is expected to experience a minimum 20-month delay and an 80% budget overrun. Cash flow problems. Extra cost for materials and storage. Legal disputes.

Schedule 206

Schedule Construction Cash Flow Budgeting 206

Construction Business Owner

AUGUST 18, 2011

Equipment Management. Industry News. Industry Statistics. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. Committing Intentional Project Communications. construction management. Management.

Cash Flow 168

Cash Flow Software Software Accounting 168

Lets Build

MAY 20, 2020

at UK BIM Task Force) during the recent Virtual Town Hall , organised by LetsBuild, perfectly describe the situation that the construction industry is currently in. Like every other industry around the world, construction is suffering the unprecedented impact of the Coronavirus outbreak. Some will handle the crisis better than others.

Construction 179

Construction Innovation Industrial BIM 179

Autodesk Construction Cloud

JUNE 8, 2023

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

Profitability 98

Profitability Bidding Estimating Risk 98

Construction Junkie

JULY 8, 2020

THE WINNER: Bridging the Gap Previous nominations: first time nominated Listen to it here: [link] With a mission to empower those in the construction industry to better embrace technology, the Bridging the Gap Podcast hosts audio and video interviews with many interesting construction innovators.

Construction 121

Construction Lien Zoning Industrial 121

Construction Business Owner

FEBRUARY 16, 2012

Equipment Management. Industry News. Industry Statistics. On the flip side, the larger banks will typically have more funds to lend and may have more in-depth knowledge of the construction industry. Committing Intentional Project Communications. Better Project Management through Better Communication.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

OCTOBER 20, 2011

Equipment Management. Industry News. Industry Statistics. Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our project managers in the field on mobile phones. The project manager may not have a laptop on hand or the workstation may not have the software loaded.

Construction 136

Construction Software Software Project Management 136

Construction Business Owner

AUGUST 30, 2011

Equipment Management. Industry News. Industry Statistics. For starters, it is designed for construction, so you’re getting software that handles the accounting and reporting challenges of your industry. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

DECEMBER 20, 2011

Equipment Management. Industry News. Industry Statistics. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. Management. project collaboration.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

Equipment Management. Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software.

Construction 174

Construction Software Software Accounting 174