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Queensland’s Project Trust Account: Why digitalisation could ease its impact on builders

Autodesk Construction Cloud

Queensland’s Project Trust Account framework is designed to strengthen the security of payments to subcontractors in the state’s building and construction industry. Delivered over five major phases, the trust account framework will progressively expand over time to capture more eligible contracts and contractors.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

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The Interconnected Construction Organization — Part 2: The Benefits of Integrated Construction Software in the Cloud

Viewpoint Construction Technology

And, teams in the field can access project data direct from mobile devices instead of calling into the office and asking for specific numbers or documentation. Finance and Accounting: ViewpointOne streamlines and simplifies payroll, billing and vendor payment process while offering in-depth cash flow tracking and project reporting.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Integrated Document Management. You should be able to search the text of the documents, not just the file names.

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Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

Take the time to sit down, review consumption over similar jobs, calculate what you really need, account for what you already have left over from previous jobs, and place a reasonable order at the right time. This leads to not only your business generating cash flow sooner, but also to happier customers all the more likely to hire you again.

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