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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.

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Construction Payment Speed: Winners and Losers

Levelset

Our recent Construction Cash Flow and Payment Report took a deep look at more than 500 construction companies to figure out who is getting paid quickly — and who isn’t. Public projects often have complex payment chains, bond requirements, legal challenges, and government funding. Find more success with payment speed. Learn more.

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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.

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9 Tips for Starting an Architecture Firm

Levelset

Pay close attention to cash flow. Architects live or die by their ability to manage cash flow — it’s the primary reason why businesses in the construction industry fail. Architectural firms need to monitor the cash coming in and going out of the business to ensure they have enough on hand to cover critical expenses.

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The 12 Best Construction Podcasts of 2020

Construction Junkie

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone were back and all had strong showings in the voting round. Check out our full review of The Lien Zone by clicking or tapping here. #7: It was a very exciting competition this year, with a few records broken along the way.

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Place Your Vote for the Best Construction Podcast of 2020

Construction Junkie

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone are back, as well as a many other podcasts that are new to the competition. vote for the lien zone. vote for the lien zone. The Lien Zone Podcast. This year we have several familiar faces, as well many new podcasts. Vote for conexpo/con-agg radio.

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Textura-CPM : the powerful construction payment management system

Construction Cost Estimating

Textura —CPM minimizes the risk concerning the hold up of payment by tracking of compliance status in real-time and direct electronic payments. construction estimating construction management construction method construction payment management system construction software construction tool'