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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Effectively managing cash flow is critical for contractors’ success. Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Create Rolling Enterprise Cash Flow Forecasts.

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Championing Regulatory Compliance with the Right Construction Management Software

Viewpoint Construction Technology

The right construction management software can help construction organisations stay on top of compliance issues. 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. But most importantly….

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5 Critical Construction Project Reports your System Should Pull Without Fuss

Viewpoint Construction Technology

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports.

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A Discussion on Change Management within Technology Adoption: the Good, the Bad and the Profitable

Viewpoint Construction Technology

Paula Hansen , CFO of Pieper Houston Electric and James Stacey , software manager at Universal Plant Services were kind enough to serve on a panel at the show and talked directly with their peers about these relevant issues. We can bill it immediately, which helps to improve our work and cash flow. Was it pen and notepad?

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Don’t Waste a Good Recession

Viewpoint Construction Technology

Having the ability to predict an economic downtown can help contractors manage cash and make appropriate decisions during a recession. All three indicators can help predict the economic state of the industry and help you manage cash flow if a potential downturn is detected. ‘Never waste a good recession’.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

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.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. SOFTWARE |. General Management. Software & Technology. People Management. Equipment Management. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Is There No Free Lunch or Construction Software? accounting software.

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