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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. 5 tips to manage cash flow on a restoration project. Learn more.

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6 Benefits of Contractor Management Services

Safety Services Company

To simplify the process, you can utilize contractor management services. What are Contractor Management Services? Contractor management service providers help contractors become prequalified for contracts and jobs. They maintain your contractor management accounts (e.g. Let’s dive into this option.

professionals

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Communication Is Key: Actions to Get the Most from a Commercial Restoration Loss

Wolgast Corporation

To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Know Your Policy Additionally, there is no way around it, you need to know what is included in your insurance plan prior to disaster.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is.

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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

This process analyzes their performance, management process, resources, and capacity. Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best. These can relate to your insurance, financial stability, safety records, etc.

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What Happened at the 2017 CFMA Conference?

Construction Business Owner

The Construction Financial Management Association (CFMA) is dedicated to serving the educational needs of construction financial professionals.

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