Remove Cash Flow Remove Forecasting Remove Inventory Remove Procurement
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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. Let’s take a look: Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know Click Here. There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more.

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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. Let’s take a look: [content_upgrade cu_id=”4502″] Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know[content_upgrade_button]Click Here[/content_upgrade_button][/content_upgrade]. Embrace Automation.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. But, procurement , project management, and the C-suite should all monitor WIP closely. WIP is one element of an inventory account.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. But, procurement, project management, and the C-suite should all monitor WIP closely. WIP is one element of an inventory account. Click To Tweet.

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Guide to Supply Chain Management in Construction 

Autodesk Construction Cloud

Focus on planning with accurate forecasts . Costs tend to fluctuate when the supply chain is tight, so it is essential to plan and forecast appropriately. Intelliwave Technologies’ SiteSense ® construction software solution streamlines how users identify and track materials, inventory, and equipment. Tech to try .

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Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

Operations teams, who are responsible for managing projects and ensuring profitability, increasingly assert themselves as crucial stakeholders in software procurement and adoption. It also ensures all project dollars are tied together at the project level for more accurate forecasting in Autodesk Construction Cloud.

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