Remove Cash Flow Remove Change Orders Remove Organization Remove Risk
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40+ Fresh Product Releases You Should Know in January

Autodesk Construction Cloud

Correspondence | Correspondence Types** – Users can now better organize and standardize their project Correspondence. Takeoff | Copy/Paste Takeoff Between Packages – Takeoff packages are a great way to organize quantification data based on the specific scope of work or bid package.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

And true data analytics is more than just tracking traditional job costs and cash flow. Reducing Risk and Increasing Safety. But going a step further and analyzing data that can help you identify high-risk tasks and dangerous conditions can help prevent future incidents and reduce risk for your business.

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Construction Cost Management 101

Autodesk Construction Cloud

Tracking costs and monitoring risk while keeping a job on budget can be one of the biggest hurdles to any building project. This can affect everything from the bidding process to change order management, your team’s efficiency, and ultimately, your bottom line. Silos increase the risk of errors. Key Takeaways.

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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.

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5 Reasons to Use Mechanical Contractor Software

Pro Builder

For practices like estimates, time tracking, project management, change order management, accounting, and other key processes, mechanical contractor software has helped complete jobs more efficiently and effectively. The same is true for mechanical contractors. 5) Material Planning & Document Management. Building Software.

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

cnstrctr

The second reason is for cash flow. A project that doubles in value will have a significantly different impact on the organization. These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Risk – this is one of our favourite parts.

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Why Projects Fail

Job Order Contracting

The ability to successfully account for and manage change during a project lies in an organization’s leadership and level of maturity relative to its strategies, processes, goals, and resources. Mature organization don’t react to change, they address change according to their programmatic process.