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

Autodesk Construction Cloud

DECEMBER 12, 2021

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Construction teams need to track more than financials to determine a project’s success. The Essential Construction KPIs Your Projects Need. Key Takeaways. Measure Now.

Profitability 52

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

Cash Flow 120

Cash Flow Construction Software Software 120

Job Order Contracting

DECEMBER 13, 2020

Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.

Project Management 161

Project Management Capterra Organization Management 161

Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Diving Deeper into Construction Data.

Construction 225

Construction Software Software Cash Flow 225

Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 2) Time & Productivity Management. 5) Material Planning & Document Management. 5) Material Planning & Document Management.

Software 52

Software Software Contractors Change Orders 52

Viewpoint Construction Technology

FEBRUARY 7, 2019

Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. Informed Decision Making. Spectrum Business Intelligence is very intuitive and very easy to set up. I was surprised at how easy it was to use.” — Howard Dembs, CFO, W.

Contractors 161

Contractors Cash Flow Construction Management 161

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. We do something similar for some of our contractor clients.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Construction Business Owner

NOVEMBER 3, 2011

For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex. Job Cost & Cash Flow. Committing Intentional Project Communications. construction management. February 2009.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

FEBRUARY 28, 2014

She will spend some time at NO CHARGE and perhaps you will get a mere scrap of information that could help turn your construction company around. Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

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. Properly manage change orders.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

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. Armed with this information, guesswork becomes a thing of the past.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

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. Armed with this information, guesswork becomes a thing of the past.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Contractor Bookkeeping

DECEMBER 20, 2013

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! Bill.com uses Best-in-Class Data Security to keep your information safe. Visit [link] to learn more.

Profitability 48

Profitability Accounting Construction Security 48

Construction Business Owner

JUNE 29, 2012

Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Last week, I discussed three important areas of project management and ended by briefly discussing project communication – or the glue to a project. construction management. Management.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

MAY 29, 2012

Connecting within the Construction Company » Free Webinar: Managing Information Overload. Managing this information overload can be difficult. With so many sources of information, it’s never been more important to take charge and develop a business information plan. construction management.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

APRIL 19, 2012

Staying Focused in the Fight Against Profit Fade » Connecting in Construction. Because more and more, information is moving from isolated “silos” and into shared environments where everyone has access to the information they need when they need it. Committing Intentional Project Communications. document management.

Construction 120

Construction Software Software Conference 120

Construction Business Owner

SEPTEMBER 27, 2011

If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Committing Intentional Project Communications. Better Project Management through Better Communication. Management.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JULY 12, 2012

Accessing the often vast amount of information surrounding a project is just step one. Project managers are used to logging information – job progress, change orders, labor, weather, and so on. Logging the activity surrounding your project documents should be no exception. construction management.

Construction 137

Construction Documentation Software Software 137

Construction Business Owner

JUNE 1, 2012

« Free Webinar: Managing Information Overload. A few weeks ago, I discussed how construction management and operations groups need to work with the same information to keep project teams moving in the same direction. But how do you connect and disseminate this information to the people in your company?

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 24, 2012

Free Webinar: Managing Information Overload » Silos: Great for Grain, Not so Great for Business. One of our clients does industrial electrical work on projects around the country. Committing Intentional Project Communications. Better Project Management through Better Communication. document management.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

MARCH 1, 2012

« Collaborating on Cash flow. And they have no problem providing the online retailer with their personal credit information to complete the transaction. People have no problem putting personal information in the cloud, but many do have a problem putting business information on the cloud. document management.

Construction 120

Construction Cash Flow Security Software 120

Construction Business Owner

APRIL 5, 2012

« The Fundamentals of Building Information Modeling (BIM). Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. construction management.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

OCTOBER 20, 2011

Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our project managers in the field on mobile phones. We all know that, projects change constantly, which means your workers and your office need to be equipped with the most up-to-date information. construction management.

Construction 137

Construction Software Software Project Management 137

Construction Business Owner

FEBRUARY 16, 2012

Each of these team members has a vested interest in receiving information about the project and, in return, contributing their expertise to the project. A lot of this communication revolves around the project documentation. Technology makes efficiently sharing and using this information possible. Management.

Construction 137

Construction Software Software Accounting 137

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. Click To Tweet. Estimation tool.

Procurement 63

Procurement Plans Construction Budgeting 63

Contractor Bookkeeping

SEPTEMBER 1, 2014

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. This may sound too good to be true and yet it is not.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

Construction Business Owner

MARCH 11, 2011

Free Webinar on Reducing Profit Fade » Game Changers. It made me pause to consider how social media–and the other new technologies that allow us to share information quickly like the smart phone–have forever changed the rules for society. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

SEPTEMBER 28, 2011

It was a great experience, and we had the opportunity to capture some informative video coverage. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. Management.

Construction 120

Construction Software Software Cash Flow 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. ” username=””]. Estimation tool.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

JANUARY 5, 2012

There are also local, regional and even national plan centers that have bidding project information that might help. Project Team Communication & Effectiveness. A big part of the bid process is assembling the team you want, and getting them the information they need to prepare competitive bids. document management.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

SEPTEMBER 30, 2011

In my last two posts, I suggested that making project information universally accessible and providing controls over changing information were two of the big challenges we face in moving toward a collaborative work environment. Committing Intentional Project Communications. construction management. Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JUNE 7, 2012

In the last blog, I mentioned that I saw an informal LinkedIn poll that asked if people were going to move to the cloud in the next year, to which 70% said “Yes, we are.” Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 31, 2011

Research to gather information. This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. Our lead analyst organizes information into logical components and processes. Committing Intentional Project Communications. construction management. Management.

Construction 150

Construction Software Software Accounting 150

Construction Business Owner

JANUARY 12, 2012

Whether you have a simple accounting application, or a specialized construction accounting system, you should be able to file your taxes and payroll information electronically. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. Management.

Construction 137

Construction Software Software Accounting 137

Construction Business Owner

JANUARY 26, 2012

Information a Click Away. Simply put, all the information you need is one click away. Once you pull up a job screen, you’ll instantly see all of the links related to that particular screen, such as vendors, subcontracts, and cost projections. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Las Vegas 120

Construction Business Owner

OCTOBER 10, 2011

Take information “offline” and manipulate it to serve a particular purpose. Manipulate information without altering it in my business software. We had a spreadsheet to calculate our current earned value on jobs that a project manager intern put together for us. Committing Intentional Project Communications.

Construction 120

Construction Software Software Accounting 120