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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Learn how better change order management and forecasting can help prevent profit fade. Tags accounting. accounting software. change orders.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

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. Bidding Smarter and Winning More Work.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. Tags accounting. accounting software. change orders. STRATEGY |.

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Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

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.

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Relationship between the designer and the contractor

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Do we not see plainly that both professions (or better yet, our singular “profession” – construction) absolutely need each other in order to survive? Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |.