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The Transformation of Construction Lending ccapoccia Thu, 10/17/2024 - 08:22 T he construction lending space, traditionally steeped in manual processes and human-to-human interactions, is undergoing a profound transformation thanks to the integration of technology.
The Way ConstructionFinance Should Be Empowering builders to secure the best financing that is seamlessly streamlined to the job site. mhodges Tue, 10/01/2024 - 10:10 No matter what construction project you have started or comingdown the pipeline, we would love to fund it.
Promote to rotator No Rotator Image Status of webinar Upcoming Ease your construction businesss transition to automation. Central The construction industry has faced a major shift in market conditions in recent years. What are the key components construction businesses should look for in a financial operations automation solution?
2024 FinanceConstruction Trends Top Insights for Financial Professionals mhodges Tue, 01/02/2024 - 10:13 As the construction industry continues to evolve, financial teams are shifting the way they work. Please complete the form on this page to download this e-book. How will we use this information?
Designed specifically for constructionfinance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. With unified data across all modules, finance managers gain a clear, accurate view of financial performance.
However, deciding on the right financing type can significantly impact immediate operations and future growth. Read on to learn how to finance a business with either short-term or long-term financing. It’s also designed for quick access to capital and often involves smaller amounts than long-term financing options.
5 Questions About Heavy Equipment Financing. If you’re purchasing heavy construction equipment this year, you may have some questions about financing your new machine. If you’re considering equipment financing, examine these five common questions to learn more. . Thu, 10/27/2022 - 15:46.
Outsmart Fraudsters: Arm Your Finance Team with the Latest Defense Strategies Discover cutting-edge tactics and tools to protect your business from evolving financial threats. mhodges Wed, 08/28/2024 - 11:12 Is your finance team tired of constantly battling against fraudsters who always seem to be one step ahead?
Take your construction business to the next level with our comprehensive 2025 funding guide! This guide explores a range of fast and flexible financing options tailored for construction businesses. This guide explores a range of fast and flexible financing options tailored for construction businesses.
The Ultimate Guide to AI in Finance From Automation to Optimization: The Benefits, Challenges and Best Practices for Implementing AI in Your Department mhodges Mon, 02/26/2024 - 11:21 It may feel like you can’t escape talk about artificial intelligence (AI) these days. Fill out the form on this page to download the e-book.
How ConstructionFinance Leaders Can Drive Employee Engagement 3 key strategies to better overcome staffing challenges in today’s competitive market mhodges Thu, 06/01/2023 - 13:29 Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.
Nonresidential construction DOWN decreased 0.4% Rising costs of financing and delivering construction services put brakes on nonresidential construction. contact-form] The post Nonresidential Construction Market Update 2022 – Impact of higher financing and project delivery costs appeared first on 4BT.
Promote to rotator No Rotator Image Status of webinar Upcoming 61% of finance leaders cite operational efficiencies as their top priority for 2025. Central As finance departments face pressure to streamline processes, cut costs, and boost productivity, many leaders are prioritizing digital transformation.
For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. We’re here to share insights into why technology is key to scaling your finance operations. CFOs are quickly adoption automation – are you?
Every construction business owner gets to a point when a decision about new equipment must be made. There are many considerations, but one of the biggest is whether to lease or buy. Owners often wish for a cheat sheet to help them through the process.'
An Unsteady Outlook: Financing in the Construction Sector ccapoccia Tue, 04/30/2024 - 10:11 With 2024 well underway, construction and engineering businesses may be primed for growth.
Managing a full-time job while pursuing further education is challenging, especially in demanding fields like construction. An online MBA in Construction Management offers a flexible, career-focused solution that allows professionals to develop leadership and business skills without sacrificing their jobs.
2025 Finance Trends Key technologies to watch in the coming year. mhodges Fri, 09/27/2024 - 10:22 In August 2024, AvidXchange surveyed 500 finance leaders to learn what’s on their minds heading into 2025. This report summarizes the key findings and notable takeaways from our second-annual Trends Survey.
More favorable interest rates and materials prices are colliding with an ongoing labor shortage, bringing a mix of challenges and opportunities for construction project owners, according to DPR Constructions latest Market Conditions Report.
Join our AP automation expert as he dives into all you need to know about the possibilities advanced technologies have for the finance function. In this educational webinar you will learn the basics of AI, how it is being used in the finance function, and how to implement the powerful technology in the Accounts Payable process for growth.
Eastern If you're tired of tedious, costly financial processes slowing down your construction company's growth, this one's for you. Join us for a candid conversation with Cindy Morton from Anchored Tiny Homes about how to control costs and increase visibility by leveraging technology to streamline your business' finances.
Inside the 2023 Outlook for Equipment Acquisition & Financing ccapoccia Tue, 05/16/2023 - 16:08 Each year brings new challenges that construction businesses must navigate to be profitable and grow.
6 Construction Business Must-Haves if You Plan to Get an SBA Loan Soon. M any businesses would wait until they need financing before checking whether they’re qualified to receive a business loan. Mon, 04/25/2022 - 16:33.
7 Key Construction Cash Flow Pain Points Discover complete AP automation for the construction industry from purchase to payment. mhodges Mon, 07/29/2024 - 10:04 In the world of constructionfinance management, cash flow is king. AI-powered complete AP automation, can help. AI-powered complete AP automation, can help.
Securing low-rate financing has become more challenging in recent years. Just as choosing the right employees can make or break your business, choosing the right financing can make a significant difference in the success of your business.
HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. In the construction industry, no two days are ever alike. One of the biggest challenges facing the construction industry continues to be recruiting and retaining employees. Tax Planning Strategies for Construction Contractors.
The March 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) is 67.7, MCI-EFI is published by the Equipment Leasing & Finance Foundation and serves as an assessment of both the… an increase from the February index of 64.4, and the highest level since April 2018.
How to Spot & Avoid Unexpected Project Delays ccapoccia Thu, 06/27/2024 - 14:01 Here’s the thing about construction project delays: It’s not a matter of if they will happen — it’s when they will happen, for how long and why. There are many reasons for a project delay: weather, supply chain hiccups, labor shortages, financing and more.
Promote to rotator No Rotator Image Status of webinar Upcoming Closing the books can be a time-intensive task for constructionfinance teams. Central Closing the books can be a time-intensive task for constructionfinance teams. Thu, 03/28/2024 - 12:00 1:00 p.m.
How to Use Legal Finance to Handle a Rise in Disputes ccapoccia Tue, 05/16/2023 - 15:31 The construction industry has faced a number of challenges in recent years with the effects of COVID-19, record levels of inflation and the Russia-Ukraine conflict all having a knock-on impact on the sector.
Productive construction and collaboration go hand in hand. The Effects of Building Information Modeling on Construction Site Productivity. Constructing Excellence. UK Construction Industry: Key Performance Indicators. Management’s Perception of Key Performance Indicators for Construction. commitment. Chelson, D.
To better understand the driving motivations behind AP burnout, turnover and overall job satisfaction, AvidXchange partnered with the Institute of Finance & Management (IOFM) on an AP Professional Career Satisfaction Survey. Vice President of Construction. What is most valuable to them when evaluating job opportunities? Jim Campbell.
How CFOs Can Drive Growth Without Adding Headcount How automation can scale finance operations and focus on high-value tasks. mhodges Thu, 10/03/2024 - 08:26 86% of finance leaders use automation to do more with less. We’ll also share a checklist to help you choose the ideal automation tools for your business.
If you’re the owner of a construction or trade business, chances are you’ve asked yourself what it takes to be successful in this field. But there are some key elements every construction business should have in place to ensure they stay on track and continue growing. You can also avoid costly mistakes in the future.
However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home. Discussed below are the things you should know before taking out a construction loan. Construction loan rates.
Effective public sector construction project management requires an understanding of the requisite role of owners as stakeholders. contact-form] The post Effective Public Sector Construction Project Management appeared first on 4BT.
Keeping track of sales, earnings, expenses, and purchases is fundamental to your construction business's overall health and sustainability. The power of effective bookkeeping using QuickBooks Desktop - plus an Important Update from Intuit.
Whether it is to order food, get directions, shop, manage finances or speak to people—technology has become so seamlessly integrated in everyday life that not many people can imagine a world without it. What would we do without technology?
Upskilling in the Construction Industry A Critical Skills Gap Emerges Amidst Digital Transformation mhodges Mon, 07/31/2023 - 11:24 A Critical Skills Gap Emerges Amidst Digital Transformation To help reduce internal costs and get more done with fewer employees, many construction firms are turning to technology.
Like the construction industry, the surety market was healthy prior to the pandemic. While the surety market should remain solid for financially sound construction companies, the reluctance by surety firms to provide credit packages to hard-hit COVID-19 impacted construction firms in the United States, will likely continue.
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