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Construction Business Owner Blogs

Construction Business Owner

Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Technology for Collaboration & Cash Flow.

Cash Flow 120
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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint. Identify the Contract.

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Construction Business Owner Blogs

Construction Business Owner

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. What other problems do you consider when deciding if it’s time to switch your software?

Cash Flow 120
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Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

Keeping an owner, and your own company informed of the financial status of a project is just as important as quality and schedule. The second reason is for cash flow. These reports should summarize the overall budget, potential change orders, cash flow, risks and more. External Financial Reporting.

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Construction Business Owner Blogs

Construction Business Owner

Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. I’ve often heard of software acting like a black box – data goes in, information comes out, but you’re limited to what the black box can produce. change orders.

Cash Flow 120
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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. Armed with this information, guesswork becomes a thing of the past. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in).

article thumbnail

Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. Armed with this information, guesswork becomes a thing of the past. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in).