ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. Document management. Click To Tweet.

Procurement 63

Procurement Plans Construction Budgeting 63

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. Document management. Estimation tool.

Procurement 52

Procurement Plans Construction Budgeting 52

Autodesk Construction Cloud

NOVEMBER 8, 2022

Intelliwave Technologies’ SiteSense ® construction software solution streamlines how users identify and track materials, inventory, and equipment. Plan and track installation packages with insights into material availability constraints and keep project teams updated with dashboards and notifications. Tech to try .

Management 98

Management Construction BIM Materials 98

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. WIP is one element of an inventory account.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Are there pending shipments holding up the project?

Documentation 81

Documentation Contract Site Budgeting 81

Construction Business Owner

FEBRUARY 17, 2011

Today, new software applications – in job cost accounting, project management, estimating, etc. your increasing payroll, jobs, inventory, equipment, etc.), Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. Management.

Construction 149

Construction Software Software Accounting 149

Lets Build

MAY 20, 2020

One of the main incentives behind this strong digital shift has to do with their need to support an efficient and straightforward remote-working strategy that is continuously gaining popularity among designers, engineers, project managers, etc. Switch of focus for the supply chains.

Construction 179

Construction Innovation Industrial BIM 179

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. WIP is one element of an inventory account.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Are there pending shipments holding up the project?

Documentation 52

Documentation Contract Site Budgeting 52

Contractor Bookkeeping

SEPTEMBER 12, 2014

Then develop a project plan to eliminate them, one at a time. #3 3 Excess Inventory - Empty your trucks and vans, clean out the dirt and grim and when you restock see how much you can leave out. This one thing can have a massive impact on cash flow and profits. Visit [link] to learn more.

Profitability 48

Profitability Accounting Construction Project Management 48

Construction Business Owner

JUNE 8, 2011

The fact is we need to get rid of this inventory before demand will increase. Invest in staff training from the newest helper to the most seasoned project manager. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Construction 120

Construction Software Software Equity 120

Contractor Bookkeeping

AUGUST 30, 2013

What we can share is something that has been going on for hundreds if not thousands of years and is so simple that it hurts me to know that most contractors who need more cash flow and profit will do it and contractors who don''t need more cash and profits do it regularly. Job Material Inventory Costs.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Construction Business Owner

MAY 11, 2011

The fact is we need to get rid of this inventory before demand will increase. Invest in staff training from the newest helper to the most seasoned project manager. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Construction 120

Construction Software Software Equity 120

Contractor Bookkeeping

FEBRUARY 10, 2014

Verify Petty Cash Entries. Inventory Count By December 31st. If you are having cash flow problems you could be paying too much in state, Federal and local taxes and we may be able to help. Review Personal Bank Statements - Business. Review Business Bank Statements – Personal. Reconcile Bank And Credit Card Accounts.

Accounting 48

Accounting Construction Banking Project Management 48

Contractor Bookkeeping

AUGUST 11, 2014

Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. The ripple effect, like throwing a stone in a pool of water impacts the area around it, caused massive cash-flow headaches. Visit [link] to learn more.

Profitability 48

Profitability Contractors Accounting Income 48

Autodesk Construction Cloud

DECEMBER 12, 2021

For example, instead of simply viewing financial performance based on past and current projects, CFMA suggests measuring bid development and setting expectations based on actions such as: (1) pending bids; (2) scheduling and completion of business development meetings; and (3) active proposals.

Profitability 52

Profitability Products CFMA Construction 52

Contractor Bookkeeping

JUNE 1, 2013

Some Contractors believe in maximizing production by driving everyone from the laborers to the Project Managers to work harder, longer, faster, hustle and run. You will have money that is tied up in tools, equipment and inventory that could be invested elsewhere and make more money for you.

Products 48

Products Profitability Construction Cash Flow 48

Contractor Bookkeeping

JANUARY 27, 2014

Spec Home Builders - Who also do some remodel work, buy houses for rental inventory and buy houses to fix up and sell, house flippers, create special problems for regular bookkeepers. Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience.

Contractors 48

Contractors Accounting Banking Profitability 48

Autodesk Construction Cloud

DECEMBER 18, 2021

The contractor or project manager needs to be sure that all parts of the project are truly complete and that the last components installed look as good as the first. Release any borrowed or rented equipment as you close out the relevant portions of the project.

Change Orders 52

Change Orders Documentation Equipment Risk 52