Viewpoint Construction Technology

NOVEMBER 5, 2018

For larger businesses, such sanctions can critically impact business cash flow in the short term and due to reputation damage, profitability into the long term. Clarification can be documented and recorded to ensure compliance and accuracy. If they raise any flags, your compliance will still be in question.

Software 130

Software Software Management Construction 130

Levelset

MAY 4, 2022

Levelset’s recent 2022 Cash Flow & Payment Report revealed some key differences between large, successful contractors and smaller construction businesses. Offering incentives to encourage on-time payment is one strategy that construction businesses can use to potentially improve cash flow.

Lien 98

Lien Contractors Cash Flow Construction 98

Construction Business Owner

NOVEMBER 3, 2011

Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Integrated Document Management. To help you manage your paper, look for systems with document imaging and management that go beyond “scan and store” capabilities.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

MARCH 1, 2012

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

Cash Flow Construction Software Software 120

Construction Business Owner

JULY 12, 2012

Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability. Document relevance. Document Tracking.

Construction 137

Construction Documentation Software Software 137

Autodesk Construction Cloud

JUNE 8, 2023

Implement centralized and connected bid management Bid management sometimes feels like a whirlwind, where you’re tasked to review a slew of projects and go over numerous documents and information. Doing so enables you to eliminate potential change orders and pay applications, ultimately leading to better cash flow.

Profitability 98

Profitability Bidding Estimating Risk 98

Pro Builder

NOVEMBER 18, 2022

Each community and asset in your portfolio requires diligence, legal paperwork, and closing documents. You also need to prepare key information about the assets that will be presented to bidders, who will then use that data to evaluate your business and populate their own cash flow and valuation models.

Deals 52

Deals Bidding Agreement Cash Flow 52

Construction Business Owner

JULY 26, 2012

Next Generation of Document Management. For construction companies to function efficiently, they need documents to flow smoothly. Document imaging and management has been around for a while. Today, we need more process-oriented document management. Document imaging and management has been around for a while.

Software 137

Software Software Construction Documentation 137

Construction Business Owner

JUNE 29, 2012

Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? There are a number of software packages out there that allow document sharing. document management. Add new tag.

Construction 136

Construction Documentation Software Software 136

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. 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). Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

Construction Business Owner

JANUARY 12, 2012

Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Keeping track of what’s current in that huge set of documents and making sure others on your team are using current documents are critical.

Bidding 150

Bidding Construction Documentation Software 150

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. Choose projects with profitable estimates.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Green Building Law Update

OCTOBER 21, 2018

Much more than only anticipating weather extremes, in the draft document expected to be approved in the coming days, RELi 2.0 He goes to elevate the opportunities, RELi was also created to serve as an underwriting standard, by identifying resilience metrics which increase tangible economic value / green + resilient building bond cash flow.

Guidelines 180

Guidelines Certification Green Drafting 180

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. document management. Add new tag. business development. change orders. cloud computing. communication.

Cash Flow 120

Cash Flow Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. 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). Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Construction Business Owner

JANUARY 26, 2012

Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. Document Management. It’s no secret that documents play a vital role in the construction process from beginning to end. document management. Communication. Add new tag. business development.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

JANUARY 12, 2012

Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. Electronic filing also gives you the ability to search with simple keyword terms, so you can find documents faster. Archiving documents. document management. Filing payroll taxes.

Construction 137

Construction Software Software Accounting 137

Levelset

JUNE 3, 2022

When a loss occurs, it can put a real crunch on a contractor’s cash flow. It also helps contractors manage cash flow during a loss. The contractor submits a detailed, sworn proof of loss with supporting documents. Claim payouts keep the cash flowing, even during a delay or other ongoing loss.

Insurance 52

Insurance Cash Flow Claims Contractors 52

Levelset

FEBRUARY 15, 2022

The contracting authority provides bidders with the prevailing wage rates within the bid and contract documents. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job.

Pennsylvania 52

Pennsylvania Contractors Cash Flow Contract 52

Green Building Law Update

OCTOBER 21, 2018

He goes to elevate the opportunities, RELi was also created to serve as an underwriting standard, by identifying resilience metrics which increase tangible economic value / green + resilient building bond cash flow. RELi Special Reports issued by CMP and Perkins+Will in 2017 documented existing resilience costs of $6.8

Guidelines 168

Guidelines Certification Green Defense 168

Construction Business Owner

FEBRUARY 2, 2012

So, I took some photos, wrote an RFI attached the photos to the document and sent it to the architect noting its urgent status. Do you have a process for organizing, storing and attaching all supporting documentation for an issue? Some, if not most issues revolve around document management and project team communication.

Construction 120

Construction Software Software Documentation 120

Constructlaw

SEPTEMBER 10, 2020

One additional outcome of this, that everyone needs to understand from the very beginning of a project, is the need to document everything — absolutely everything. It is easier to be successful in your claim if it is well-documented. This was true before COVID-19, but now is even more critical.

Industrial 52

Industrial Union Contract Claims 52

Construction Business Owner

MAY 29, 2012

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

Construction 120

Construction Software Software Cash Flow 120

Viewpoint Construction Technology

OCTOBER 23, 2018

And true data analytics is more than just tracking traditional job costs and cash flow. To streamline data analysis, data across the organization — from accounting to project management to document collaboration to operational workflows — needs to be uniform.

Construction 226

Construction Software Software Cash Flow 226

Autodesk Construction Cloud

DECEMBER 18, 2021

The right tools and documents make it easier to complete project closeout and keep customers satisfied. With the right tools, a well documented closeout process is surprisingly simple, helping to ensure that everything is complete, your customer is satisfied, and you can win repeat business. Key Takeaways.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Construction Business Owner

FEBRUARY 16, 2012

Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. A lot of this communication revolves around the project documentation. document management. ALICE is one of my favorites of the 205 Official Army Acronyms. The construction industry is no different.

Construction 137

Construction Software Software Accounting 137

Autodesk Construction Cloud

OCTOBER 28, 2021

How to’s for leveraging permissions for document control and security. We were early adopters of [sic] BIM Collaborate, which has proven to be instrumental in managing project documentation throughout the project lifecycle. Learn how to implement internal processes and documentation to improve sustainability in working practices.

Autodesk 52

Autodesk Industrial Construction BIM 52

cnstrctr

JULY 1, 2019

The second reason is for cash flow. These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Providing a cash flow graph should be mandatory in every report. A project that doubles in value will have a significantly different impact on the organization.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Pro Builder

APRIL 19, 2021

Moreover, having software technology that can provide real-time visibility to the project progress, resource allocation, and project performance allow contractors to meet the budget goals and sharpens the accuracy of accounting data for improved cash flow. . 5) Material Planning & Document Management.

Software 52

Software Software Contractors Change Orders 52

Construction Business Owner

FEBRUARY 16, 2012

Bring all your financial documents to the initial meeting. When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods. document management. Crunch the numbers – Banks like proactive business owners. Projected future earnings. Add new tag.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

SEPTEMBER 30, 2011

We are officially in fall, so grab some hot chocolate and let’s discuss why, despite available document imaging technology, people still use paper. People want to have access at any given time to all of their documents. document management. Last week, I discussed that part of the problem with going paperless is access.

Construction 120

Construction Software Software iPad 120

Construction Business Owner

MAY 31, 2011

Finally, the programmers that do the actual coding will receive the final specifications document. They will study the document and then meet with the analyst to thoroughly review all aspects of the specifications. document management. Concerns, questions, and suggestions will be made. Add new tag. business development.

Construction 150

Construction Software Software Accounting 150

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. You might assume the most important piece of construction documentation is the signed contract that guarantees payment and outlines milestones, materials, the proposed budget, and timeline.

Documentation 81

Documentation Contract Site Budgeting 81

Construction Cost Estimating

NOVEMBER 8, 2013

With Textura—CPM both General Contractors and Subcontractors can get the ability to make an online entry for invoices as well as online submission of waivers and compliance documents at a quickest possible time. Thus the system makes a significant time savings for the contractors.

Management 45

Management Cash Flow Construction Lien 45

Construction Business Owner

APRIL 1, 2011

In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. document management. 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. The good news? Add new tag. change orders.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

APRIL 12, 2012

Good document management software will be able to keep those certifications on file. As construction becomes more and more complex, document management and certification tracking will play an even larger role in the industry. document management. Are you participating in green projects or looking to get LEED certified?

Construction 120

Construction Certification Green Software 120

Construction Business Owner

AUGUST 18, 2011

Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. document management. This report illustrates how a contractor bills a client versus the work they have actually completed. Add new tag. business development. change orders.

Cash Flow 169

Cash Flow Software Software Accounting 169