ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly. Automate P2P.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Construction Business Owner

OCTOBER 26, 2011

While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. change orders. August 2012. April 2012. March 2012. February 2012. January 2012.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

JULY 28, 2014

Payment Applications For Residential Remodel & Commercial Tenant Improvement Contractors. This is a FREE form we developed for our handymen and trade contractors to use on the jobsite and at their office because invoicing in QuickBooks can be difficult. Change Orders and Related Payments. Simple Invoice.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Construction Business Owner

OCTOBER 14, 2011

« A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. Processes & Tools. Oh, and Don’t Forget Your Customers. August 2012.

Change Orders 120

Change Orders Construction Software Software 120

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Negotiate better contract terms.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Having all the job costs sorted and linked to each job in QuickBooks for Contractors. Tracking change orders in QuickBooks for Contractors for each job.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Construction Business Owner

APRIL 1, 2011

One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. change orders. The good news? August 2012.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JANUARY 30, 2011

» Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. change orders. My How You’ve Grown!

Contractors 120

Contractors Design Software Software 120

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

APRIL 26, 2012

Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Know the Contract and Budget. Also make sure your project managers understand the contract language fully. Stay on Top of Changes.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

AUGUST 18, 2011

Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This report illustrates how a contractor bills a client versus the work they have actually completed. change orders.

Cash Flow 168

Cash Flow Software Software Accounting 168

Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. The same goes with managing sub-contractors and suppliers.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

FEBRUARY 28, 2014

Your Construction Contracting Company. If your construction company depends on repeatable processes you are in for a long, boring, predictable ride on the Cash-Cow-Merry-Go-Round and that is a lot of fun! If you are like most construction contractors your dream has turned into a bit of a nightmare which you cannot seem to wake up from.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Construction Business Owner

MAY 29, 2012

Contractors in today’s marketplace are caught in the middle of a paper and paperless culture. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. change orders. Managing this information overload can be difficult. August 2012.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders.

Construction 159

Construction Software Software Bidding 159

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

JULY 18, 2012

Electrical Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often electrical contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Electrical Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping.

Electrical 48

Electrical Contractors Cash Flow Commissioning 48

Construction Business Owner

SEPTEMBER 27, 2011

A lot of contractors have asked me about Section 179. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. change orders. The Best Time to Go Live is…. The answer, in many circumstances, is yes. August 2012. April 2012.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

FEBRUARY 16, 2012

» Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds.

Banking 120

Banking Construction Cash Flow Finance 120

Contractor Bookkeeping

JUNE 15, 2012

New Contractor's Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Contractor's Licenses - Information changes rapidly so check online for your local county or contact us and we can help 206-361-3950 or email sharie@fasteasyaccounting.com.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JUNE 18, 2013

The Contractor Paradigm. You will be a better contractor for it. We do not ask you to change who you are but rather encourage you to do what you do best and outsource the rest. However you do have to own or be in the process of getting ready to start a contracting company. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Construction Business Owner

NOVEMBER 8, 2011

It crystallizes our mission to make contractors’ jobs easier and we put that mission into our own words: “When better is possible, good is not enough.” For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” change orders.

Construction 174

Construction Software Software Accounting 174

Building Information Management

JANUARY 15, 2016

Experienced owners, contractors, procurement managers, architects, or engineers agree that early and ongoing collaboration among dedicated and experience stakeholders generates the best construction outcomes in terms of quality, timeliness, and maximized return on dollars expended. is simply not doing their job.

Management 40

Management Renovating Cash Flow Life Cycle 40

Construction Business Owner

AUGUST 30, 2011

You know, lots of contractors using an off-the-shelf accounting program ask me the same question: Why is construction-specific accounting software so much more expensive? Construction-specific systems allow contractors to instantly track and analyze job progress and performance. change orders. Job Costing. August 2012.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

JULY 12, 2012

Let’s look at a few important improvements that most contractors can make. It’s obviously to your advantage if your partners have easy access to your project documents – from owners or other contractors employing you to the subs and vendors you employ. change orders. Document availability. Document relevance.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

JUNE 29, 2012

The contractor doing the work was working for the city at the time. Points to Ponder: It is the contractor’s responsibility to create a work area and zone free from hazards that could cause injury or harm to persons or property. The city was the “general contractor” and owner of this project. change orders.

Construction 120

Construction Safety Software Software 120

Construction Business Owner

JANUARY 18, 2012

Mid-January is a time of reflection for many contractors. change orders. Home » Blogs. « “How good do you want to be?” ” Pardon the Commercial Interruption… » Year-End Wake Up Call. Creating year-end financial reports. Closing your general ledger. August 2012. April 2012. March 2012.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

OCTOBER 10, 2011

What happens when construction expert George Hedley gathers 15 different contractors from all over the country, puts them in a room for 2 days and leads an open discussion? Ideas start flowing and problems are solved. What I can tell you is encouraging: There are contractors who are succeeding in this economic climate.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

DECEMBER 18, 2021

In fact, you typically won’t be able to release final retainage without it—effectively putting as much as 10% of your contract at stake. According to a recent survey from Autodesk and Dodge Data & Analytics, 66% of general contractors experience trouble getting off the job on at least a quarter of their projects.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Construction Business Owner

NOVEMBER 22, 2011

Many contractors go into business because they’re great at what they do. I know a successful excavating contractor that took over his father’s grave digging business when he was younger. change orders. August 2012. April 2012. March 2012. February 2012. January 2012. January 2009. December 2008. November 2008.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

JANUARY 6, 2011

There is just something special about being around contractors. One of the things I enjoy most about my position at ComputerEase is that I have the opportunity to deal with different contractors everyday and have the opportunity to help them with their construction software needs. change orders. August 2012. April 2012.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 12, 2011

A Change (Order) for the Better? change orders. Tags: accounting , construction , contractors , features , foundation , job costing , software , support. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « The Right Tool for the Job.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Contractors and other business owners have come from a local level (Washington State), national level (across the USA), and internationally including Canada, Australia, UK, India, South Africa and many other countries around the world.

Profitability 49

Profitability Cash Flow Accounting Construction 49

Construction Business Owner

APRIL 2, 2011

For those of you contractors doing government work: relish the competition involved with bidding. In our business we fight tooth and nail to stay competitive and win contracts. change orders. Even if you’re already good at what you do, competition is healthy. It makes you innovate and be more efficient than the next guy.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

MAY 24, 2012

But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits. change orders.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

APRIL 19, 2012

Connection between our company and our customers, between industry peers, between contractors and their project teams. change orders. We are in the final week of preparing for our annual Users’ Conference , and I couldn’t be more thrilled. Our conference theme this year is Connection. August 2012. April 2012. March 2012.

Construction 120

Construction Software Software Conference 120