Lets Build

APRIL 6, 2022

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage percentages and negotiations.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Contractor Bookkeeping

FEBRUARY 23, 2024

Poor Cash Flow Management One of the biggest challenges for construction businesses is managing cash flow. You need cash to buy materials, pay workers, and keep your business running. However, you may be in a cash crunch if you don't correctly deal with your cash flow.

Cash Flow 101

Cash Flow Forecasting Construction Deals 101

Contractor Bookkeeping

AUGUST 29, 2014

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! Is Cash Flow The Same As Profit?

Cash Flow 48

Cash Flow Management Contract Accounting 48

Construction Business Owner

AUGUST 18, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. 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. document management.

Cash Flow 168

Cash Flow Software Software Accounting 168

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Lets Build

OCTOBER 29, 2019

Unfortunately, in the construction industry, cash flow is a common pain point. One in 5 construction companies notes that cash flow problems are a frequent issue, according to a 2019 survey. Have you ever dipped into your own savings or passed up paying yourself to cover payroll?

Cash Flow 60

Cash Flow Construction Industrial Project Management 60

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

Construction Business Owner

NOVEMBER 3, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. 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.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

FEBRUARY 12, 2019

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports.

Cash Flow 130

Cash Flow Software Software Accounting 130

Construction Business Owner

JANUARY 31, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

DECEMBER 6, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. « 3 Tips for Better Construction Fleet Fuel Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. document management.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

SEPTEMBER 27, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 180

Construction Software Software Accounting 180

Viewpoint Construction Technology

FEBRUARY 7, 2019

Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few. Patti Smith, Business Process Manager, Ideal Contracting.

Contractors 204

Contractors Cash Flow Construction Management 204

Viewpoint Construction Technology

APRIL 2, 2019

The cloud is making construction management much simpler, productive and profitable. Amazingly, there are still a large number of contractors that have not taken advantage of recent software and technology advancements like cloud computing and integrated construction management software platforms. Benefits of Updates.

Construction 237

Construction Software Software Viewpoint 237

Construction Business Owner

NOVEMBER 8, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

AUGUST 30, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 168

Construction Software Software Accounting 168

Job Order Contracting

DECEMBER 13, 2020

First and foremost is important to understand that all projects are exercises in managing change. The fact that variation is going to occur (relative to planned activities and outcomes) during the project is a given. Traditional construction project delivery is antiquated, outdated, antagonistic, and prone to failure.

Project Management 161

Project Management Organization Capterra Management 161

Construction Business Owner

JANUARY 18, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

APRIL 1, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. 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. construction management.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JANUARY 10, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. As fortune would have it, this person was an incredibly good manager and truly organized our daily processes. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

MARCH 1, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Collaborating on Cash flow » The Year of Mobile Technology? increased efficiency and better time management. Committing Intentional Project Communications. Better Project Management through Better Communication.

Mobility 120

Mobility Cash Flow Construction Software 120

Construction Business Owner

APRIL 2, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

NOVEMBER 22, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

OCTOBER 20, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. 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. Committing Intentional Project Communications. STRATEGY |. ACCOUNTING |.

Construction 136

Construction Software Software Project Management 136

Contractor Bookkeeping

MAY 5, 2014

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. Keep The Service Agreement Cash Separate. One of the best parts is you have an immediate increase in cash flow. Need Help Now? Call Sharie 206-361-3950.

Cash Flow 48

Cash Flow Agreement Profitability Contractors 48

Construction Business Owner

OCTOBER 26, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. document management.

Construction 159

Construction Software Software Bidding 159

Viewpoint Construction Technology

JULY 5, 2018

Internally, Southern Botanical was also looking for greater revenue cycle efficiency and more consistent cash flow. To provide a solution, Southern Botanical created a secure customer payment portal that syncs data from Vista to provide accurate data management and reporting. The company’s results were amazing.

Viewpoint 200

Viewpoint Innovation Subcontracting San Francisco 200

Construction Business Owner

DECEMBER 20, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. New Year’s Resolutions for Construction Management » Merry Christmas! Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

MAY 31, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

OCTOBER 14, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. He replied, “Well, that depends on the project manager.”. construction management.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

FEBRUARY 17, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Today, new software applications – in job cost accounting, project management, estimating, etc. Committing Intentional Project Communications. Better Project Management through Better Communication. Management.

Construction 149

Construction Software Software Accounting 149

Viewpoint Construction Technology

APRIL 4, 2019

Having the ability to predict an economic downtown can help contractors manage cash and make appropriate decisions during a recession. How will a recession impact projects or contractual obligations? Bottom line: most construction jobs are completed by humans, but there aren’t enough humans to complete construction projects.

Viewpoint 204

Viewpoint Organization Cash Flow Industrial 204

Autodesk Construction Cloud

FEBRUARY 1, 2022

Everything you need to know about construction quality and how to manage it. We’ll take a deep dive into all the ways you can ensure your next construction project excels in quality. Quality in construction means that projects are finished within the guidelines established by the Scope of Work.

Management 97

Management Construction Risk Documentation 97

Autodesk Construction Cloud

NOVEMBER 8, 2022

To help you do that, this post covers the essentials of managing the supply chain in construction. You will learn the benefits of supply chain management, strategies to improve, and leading technologies in the market today. . What is Construction Supply Chain Management? . Let’s dive in! . Choose the right partners

Management 98

Management Construction BIM Materials 98

Construction Business Owner

JUNE 29, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Hopefully, you’ve had the chance to consider how deliberate your project communications are. STRATEGY |.

Construction 121

Construction Documentation Software Software 121

Construction Business Owner

FEBRUARY 16, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods. Committing Intentional Project Communications. construction management.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

JANUARY 12, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Managing 401Ks. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management.

Construction 136

Construction Software Software Accounting 136