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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.

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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

It’s the careful balancing of stocking enough inventory to meet your construction company’s needs without unnecessarily tying up cash — is an essential component of keeping your business running profitably and productively. The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse. You know how much profit a project is making at the COMPLETION of the project. But you do not know how much profit a project is making on a month by month basis during the course of the project. Improved productivity.

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The importance of keeping construction daily logs for every site activity

Lets Build

If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. So why aren’t you leveraging technology to create your construction and maintenance daily logs, secure proof of work, and gain real-time field insights?

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A Cash Flow Guide for Architects

Levelset

Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Successful businesses and organizations budget their expenses based on historic data and revenue projections. Budget categories. Forecasting your revenue.

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Are Your Hotel General Contractors Checked In or Out?

HardHatChat

Luxury stand-alone hotels in large urban areas, mid-market hotels geared toward business travelers and budget stay family friendly hotels have all helped boost the commercial construction industry this year. This is mainly because tourism numbers are improving and hotels are seeing a strong increase in profitability. percent in 2013.

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Construction Budgeting 101

Autodesk Construction Cloud

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.