article thumbnail

5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. Here are some of the important steps: .

article thumbnail

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. They may also impact things like financial reporting, taxes, job costing, project management, IT procedures, legal issues and HR.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

Be it legal, safety, costs, or delays, construction is a high-risk business. To learn more about how Viewpoint can help you take advantage of data and see a holistic view of your company, get in touch direct or reach out via LinkedIn or Facebook. Risk management.

Risk 217
article thumbnail

What Causes Construction Project Delays?

Viewpoint Construction Technology

Or, if a contractor is out of compliance with their bonding, licensing or other contractual obligation, it increases project risks and makes the project vulnerable to legal challenges or conflicts. To explore all Viewpoint has to offer, get in touch with us. Open communication is essential in keeping projects running without a hitch.

article thumbnail

On-boarding Employees and Their Importance in Successfully Integrating New Construction Technology

Viewpoint Construction Technology

Not only is there a legal requirement to improve practices, but an ever-changing landscape, new technologies and tightening budgets compel us to enhance what we do or risk losing large projects to other contractors. Viewpoint’s JobPac is designed to help contractors work smarter and easier.

Software 130
article thumbnail

Viewpoint: The Case for Neutral, Third-Party Schedulers | ENR.

ENR Construction

Viewpoint: The Case for Neutral, Third-Party Schedulers. Viewpoints: Worth Another Look. View all Viewpoints » -->. Washington Observer. Economic Stimulus. -->. Product Snapshot. Interviews. People on the Move. Obituaries. Multimedia. Special Reports. Annual Photo Contest. Vote on Photo Contest Entries. Slideshows.

article thumbnail

Legal Fallout Spreads from Trainor Glass Default | ENR.

ENR Construction

Legal Fallout Spreads from Trainor Glass Default. Associations. Washington Observer. Economic Stimulus. Product Snapshot. Interviews. People on the Move. Obituaries. Multimedia. Annual Photo Contest. Photo Contest Archives. Slideshows. Reader Photos. Book Reviews. ENR Midwest. ENR Mountainstates. ENR New York. ENR Southeast. ENR Southwest.

Legal 41