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New in Autodesk Build: Product Releases to Check Out in the New Year

Autodesk Construction Cloud

This month, we’re excited to release feature additions and enhancements to Autodesk Build across cost, project management, data, and more. This keeps the office team aware of project progress and empowers field teams with productivity forecast to adjust or make improvements. To learn more please visit our help site.

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

The rise of emerging technologies and the realization that project financials need to be readily available from anywhere drove Sage, a popular provider of construction financial management solutions, to develop a cloud-based financial system for the industry, Sage Intacct Construction.

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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.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Learn how better change order management and forecasting can help prevent profit fade. Committing Intentional Project Communications. Tags accounting.

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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Project Management Tips. Cash flow issues can be addressed in the contract, but Tracy also recommends better project management as a way to improve cash flow. Prepare cash flow forecasts and make any necessary adjustments during the course of a job. Tie bonuses or other incentives to effective cash flow management.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. « Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. » Considering New Accounting Software? STRATEGY |. SOFTWARE |.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account.