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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

For any business, having enough operational cash on hand is critical. Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. So, how can your team ensure appropriate forecasts are created to maximize profit?

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Claritas Group heading for liquidation

Construction Enquirer

Kent based contractor Claritas Group is heading for liquidation after being sunk by cash-flow and inflationary pressures. CEO and founder Jon Wardle confirmed the news in a statement while thanking staff and suppliers for the impact of the failure. turnover generating a pre-tax profit of £455,000. to trade creditors.

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Claritas Group went down owing £7m to supply chain

Construction Enquirer

The Kent based contractor confirmed earlier this month that it was heading for liquidation following cash flow and inflationary pressures. turnover generating a pre-tax profit of £455,000. Subcontractors and suppliers to the collapsed Claritas Group have been left holding unpaid invoices totaling more than £7m.

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Kier whittles net debt down to £230m

Construction Enquirer

Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September. He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m

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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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Construction Business Owner Blogs

Construction Business Owner

Industry News. 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. Construction Safety. Sales/Marketing.

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Construction Business Owner Blogs

Construction Business Owner

Industry News. Healthy Competition » Free Webinar on Reducing Profit Fade. 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. Construction Safety. Compliance/Regulations.

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