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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. 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. Find Sage at Groundbreak 2020.

Sage 145
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Why Projects Fail

Job Order Contracting

Research has readily demonstrated the correlation between the maturity level of an organization and project failure, i.e. excessive time spent upon change orders/rework, budget overruns, and overall client and/or participant dissatisfaction with outcomes. Project Management Constraints. ORGANIZATIONAL MATURITY.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Often, this makes it hard to find a solution—you have to handle a complicated blend of equipment, inventory, subcontractors, bids, and project management, just to name a few. Procore gives you the power to manage accurate project budgets with reliable data drawn from the field. SAP S/4HANA. Ready to grow?

Software 200
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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

The company was honored in 2020 by local newspaper City Business as part of their “Excellence in Construction and Real Estate” class. Digging deeper into company processes for payment, change orders, lien waivers, and more will give you a sense of what to expect while working with them. . Project closeout.

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7 Construction Industry Truths Made Clear at Autodesk University

Autodesk Construction Cloud

trillion in global construction industry costs in 2020. Workflow guidance on flexible budget structures, contract generation for commitments, collaborative change order workflows, and cash flow forecasting. Cost management plays a significant role in managing how revenue and costs are accrued on your projects.”

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How Much is Poor Construction Document Management Costing You? 

Autodesk Construction Cloud

trillion in 2020. When the workers assembling the structure are working from an old set of plans that don’t reflect the latest change orders, rework is practically inevitable. Beyond that, incompatible files and a lack of access on existing mobile devices can also slow down communication over plan change orders and RFIs. 5.

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8 Tips to Manage Cash Flow Like Your Construction Business Depends on It

Autodesk Construction Cloud

The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships. Almost 9 out of 10 construction projects worldwide go over budget. And in 2020, the global cost of rework was estimated to represent 5% of all construction spending, or $625 billion.