Viewpoint Construction Technology
FEBRUARY 19, 2019
Effectively managing cash flow is critical for contractors’ success. Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Create Rolling Enterprise Cash Flow Forecasts.
Lets Build
OCTOBER 29, 2019
Unfortunately, in the construction industry, cash flow is a common pain point. One in 5 construction companies notes that cash flow problems are a frequent issue, according to a 2019 survey. Have you ever dipped into your own savings or passed up paying yourself to cover payroll?
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Lets Build
JULY 8, 2022
In many respects, the answer to the question “How has COVID affected the construction industry?” Because this was internationally viewed as an essential industry, often taking place outside, construction companies and their staff were able to resume something approaching normal working conditions surprisingly rapidly.
Lets Build
APRIL 6, 2022
Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage percentages and negotiations.
Lets Build
JUNE 23, 2023
Cash flow Cash isn’t king – cash flow is. The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.
Lets Build
JUNE 23, 2023
Cash flow Cash isn’t king – cash flow is. The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.
Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process.
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