Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 5) Material Planning & Document Management. 5) Material Planning & Document Management. Building Software. Building Software.

Software 52

Software Software Contractors Change Orders 52

Autodesk Construction Cloud

JANUARY 17, 2024

Decision 1: How to improve asset and portfolio performance Whether you're managing one or 50 facilities, actively monitoring and improving performance is critical to long-term profitability. Doing this can help you guide a project towards more successful outcomes and, in turn, secure profitability. As for which solutions to use?

Autodesk 122

Autodesk Construction Forecasting Safety 122

Autodesk Construction Cloud

DECEMBER 2, 2021

This can affect everything from the bidding process to change order management, your team’s efficiency, and ultimately, your bottom line. Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors.

Management 52

Management Change Orders Construction Budgeting 52

Construction Business Owner

APRIL 26, 2012

ACCOUNTING |. Accounting & Finance. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. Stay on Top of Changes.

Change Orders 120

Change Orders Construction Profitability Software 120

Best Practices Construction Law

MARCH 2, 2020

Paragraph 47 of the contract stated that it was a “cost plus contract” with specific fees for overhead, warranty and profit to the contractor, while another part of the contract included language that the “agreed upon price is $282,000.00.” Ultimately, the contractor terminated the contract alleging lack of payment.

Contract 71

Contract Documentation AIA Contractors 71

Job Order Contracting

JULY 29, 2021

Adversarial, change-order-oriented environment is common between owner, A/E, and contractor. Bid shopping can occur and actual overhead and profit amounts are unknown. Change orders may be reduced versus DBB due to A/E-contractor collaboration and contractual relationship. Disadvantages. Design-Build.

Design 130

Design Bidding Engineering Construction 130

Construction Business Owner

OCTOBER 14, 2011

ACCOUNTING |. Accounting & Finance. Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” STRATEGY |. MANAGEMENT |. SOFTWARE |.

Change Orders 120

Change Orders Construction Software Software 120

Autodesk Construction Cloud

MAY 5, 2023

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.

Office 52

Office Autodesk Accounting Project Management 52

Construction Business Owner

OCTOBER 14, 2011

ACCOUNTING |. Accounting & Finance. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. STRATEGY |. MANAGEMENT |.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Accounting Online Not Working For Your Construction Company? Xero Accounting Online is a great program for small contractors but it may not the power to do what you need it to do. Have Change Orders. Need Complex Construction Accounting Reports. Enter all of your Accounts Receivable (Sales).

Accounting 48

Accounting Construction Contractors Project Management 48

Viewpoint Construction Technology

MARCH 14, 2018

Lagging productivity hurts contractors in many ways, including lost jobs, low profits, and unnecessary headaches like change orders and rework. Teams unable to effectively communicate and collaborate are much more prone to mistakes, project delays, and reductions in profitability.

Products 215

Products Software Software Project Management 215

Pro Builder

MARCH 24, 2021

But Platinum Homes was losing money on change orders from demanding clients. Mark could remember clearly the specific conversation he had with his client, but ultimately, he did not have signed documentation. Simplify the process and maximize profit . It was his word versus the client’s. No more “us-versus-them” .

Management 52

Management Change Orders Negotiation Dallas 52

Autodesk Construction Cloud

MAY 30, 2023

In parallel with better planning, technology can help to reduce the common problems or elements that contribute to cost overruns, ensuring you can maximise efficiency and profits. The additional time, labour and materials required to complete the change may also be classified as a cost overrun if it affects other aspects of the project.

Change Orders 52

Change Orders Construction Budgeting Budget 52

Autodesk Construction Cloud

APRIL 18, 2023

When documents are ready for review, you receive an automated email ensuring that users approve them in a timely manner. [link] And to further customize your view, a solid construction platform will enable you to create custom calculated budget and contract columns.

Autodesk 52

Autodesk Construction Budgeting Budget 52

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. Diving Deeper into Construction Data.

Construction 240

Construction Software Software Cash Flow 240

Construction Business Owner

APRIL 1, 2011

ACCOUNTING |. Accounting & Finance. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. Tags accounting. accounting software.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JULY 12, 2012

ACCOUNTING |. Accounting & Finance. Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Needless to say, most accounting departments are rather busy right now. Archiving documents. Tags accounting. accounting software. change orders.

Construction 136

Construction Software Software Accounting 136

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. authorization. the time of award.

Contract 100

Contract Organization Change Orders Overhead 100

Autodesk Construction Cloud

DECEMBER 18, 2021

The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. The right tools and documents make it easier to complete project closeout and keep customers satisfied. Not so fast. Common Project Closeout Problems.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Construction Business Owner

JULY 26, 2012

ACCOUNTING |. Accounting & Finance. Look for software that does a better job providing applications based on the workflow of a project from cradle to grave, and that provides web-based anywhere-any time visibility into job progress, profitability, change management, and more for everyone who involved in the success of a job.

Software 136

Software Software Construction Documentation 136

Construction Business Owner

NOVEMBER 3, 2011

ACCOUNTING |. Accounting & Finance. Rather than looking in the review mirror after a job is complete and realizing you’re over budget, make sure you have the ability to import estimates, manage change orders, report on committed costs, and allow your employees in the field remote access. Integrated Document Management.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

JUNE 21, 2012

Construction Companies - Need short term liquid working capital such as cash, lines of credit, loans, owner financing, credit cards, supplier accounts and other forms of money to conduct daily operations. Compare the success and profitability of a McDonalds franchise to most restaurants. We simply do your bookkeeping.

Profitability 48

Profitability Contractors Banking Change Orders 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Starting Or Re-Starting A Construction Company Is Easy.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Construction Business Owner

JUNE 29, 2012

ACCOUNTING |. Accounting & Finance. Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? There are a number of software packages out there that allow document sharing.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

DECEMBER 20, 2011

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Construction Accounting Software. document management. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. January 2009.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. Querying different type of jobs in job costing to look at profitability by type. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Tags accounting.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

MAY 29, 2012

ACCOUNTING |. Accounting & Finance. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. Tags accounting. accounting software. change orders. Construction Accounting Software. document management.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Tags accounting. change orders.

Construction 180

Construction Software Software Accounting 180

Contractor Bookkeeping

JANUARY 6, 2014

In The Past You Had To make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Contractor Bookkeeping

FEBRUARY 28, 2014

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Changes in their operations due to contingencies beyond their control. Poor document management results in overpaying taxes.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Use a system to manage the documents you and your subs use to prepare bids.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

OCTOBER 26, 2011

ACCOUNTING |. Accounting & Finance. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. Tags accounting. accounting software. change orders. STRATEGY |.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

JANUARY 26, 2012

ACCOUNTING |. Accounting & Finance. Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. Document Management. It’s no secret that documents play a vital role in the construction process from beginning to end. Tags accounting.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

MAY 24, 2012

ACCOUNTING |. Accounting & Finance. And for good reason, since the way accounting and business management use software is much different from the way construction operations and project management use it. Tags accounting. accounting software. change orders. Construction Accounting Software.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

OCTOBER 20, 2011

ACCOUNTING |. Accounting & Finance. « Some Advice on Change Orders. And I must say (being a CPA myself) that for accounting folks, the level of artistry was impressive! But without exception, the story that each team told through their symbols focused on people, not projects or profits. change orders.

CFMA 120

CFMA Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more. Think about it this way: bringing your purchasing process into the cloud means you can check incoming orders against pending ones, cutting back on duplicates that hurt your bottom line. Process Change Orders Quickly.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68