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3 Keys for Contractors to Navigate New Revenue Recognition Standards

Viewpoint Construction Technology

To help contractors prepare, Viewpoint recently hosted a webinar on how contractors can get ready for the new standards. So where should contractors start? First, contractors need to know the timeline of the new changes and what the standard includes. With these three steps: Know the Technical Standard.

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5 Ways Leading Contractors Keep Their Clients Happy

Viewpoint Construction Technology

Improving collaboration between contractors and clients is key to building long-term relationships. Simply getting the job done isn’t enough for today’s leading contractors. Contractors know that creating a positive culture — combining real-time collaboration with excellent execution — that breeds happy clients.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

Contractors today deal with challenging projects, often with multiple performance obligations. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. New revenue recognition standards will require contractors to adjust accounting practices.

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State of the Construction Industry: March Roundup

Viewpoint Construction Technology

We know contractors are always looking for ways to gain a competitive edge. At Viewpoint, we work with contractors every day to help them find the best solutions for their organizations and we know these professionals are committed to improvement. Contractors are hiring. Construction Employment Growth Surges in February.

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Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

With BI, contractors can gain actionable insights and see a clearer path to balancing the business. In Viewpoint’s latest business intelligence white paper , we outline three key areas where insights and analytics can help contractors gain a competitive edge. Risk management.

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What Causes Construction Project Delays?

Viewpoint Construction Technology

It’s both frustrating and costly for contractors when a construction project is postponed. This helps contractors complete their construction deliverables on time and within budget. As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months or even dropped altogether.

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Relationship between the designer and the contractor

Construction Business Owner

» Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. My How You’ve Grown! productivity. project collaboration.