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The Problem with Paper: 5 Ways Accounts Payable Automation Can Help

Construction Business Owner

Thu, 06/18/2020 - 12:00. Accounts payable (AP) tops that list, as businesses literally can’t function without processing payments. Join construction accounting software expert Jim Campbell and learn how to: Cut cost when recasting your budget. Accounts Payable. Rotator Image. Status of webinar Featured.

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5 Ways Contractors Can Improve Profitability

Construction Business Owner

Tue, 09/29/2020 - 11:13. Your accounting team has an opportunity to make a major contribution to your firm’s bottom line. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. Accounting & Finance. accounting software.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Business management software like ERP is built to handle this—but who can deliver? To answer this question, we’ve partnered with analysts and technology experts, the Business Software Education Center , to explore the top ERP solutions for growing construction firms. Who’s Delivering ERP Solutions for Construction? Reflex ERP.

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How Has Covid Affected the Construction Industry?

Lets Build

Nonetheless, the industry has changed radically since February 2020. While on-site construction personnel are largely working as before, architects, accountants, and marketing staff are increasingly working remotely. Impact on construction budgets. Read more: Five benefits of inspection reporting software.

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How Covid-19 Will Impact the Global Construction Industry?

Constructonomics

In 2020, almost all commercial activities came to a halt for a while and badly affected the economy. In 2020, when the COVID-19 outbreak was on peak, a lot of contractors were not able to get essential supply materials like cement, bricks, and sand along with tackling the challenges related to the labor shortage.

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Construction Cost Codes: Everything You Need to Know

Autodesk Construction Cloud

In 2020, the value of commercial construction amounted to approximately $5.8 These codes are typically represented by numeric or alphanumeric values and often form part of an overall budget code and a key piece of a work breakdown structure (WBS). . The Benefits of Using Construction Cost Codes to Plan, Budget, and Analyze .

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

Industry trends, both near and farsighted, are likely to impact your approach to preconstruction, technology investments, sustainability, risk analysis, workforce planning, budgeting, operational efficiency, and the list goes on. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5%