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

Viewpoint Construction Technology

Construction companies of all sizes and across all regions are realizing the need to adopt the latest technologies into their operations in order to keep up with demand and to remain profitable. We can bill it immediately, which helps to improve our work and cash flow. However, this is easier said than done.

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BuildTools Delivers Major Productivity and Profitability Gains for Home Builders

Pro Builder

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders. Bast brings productivity and profitability gains to home builders. Bast has been at his present company for about two years. See how BuildTools helped him make each company more productive and profitable along the way. kcichowicz.

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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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Profitable Construction Companies Use MR>MC To Increase Profits

Contractor Bookkeeping

Every Day You Are - Presented With opportunities to invest your money and the key strategy is putting your money to work where it will earn you the most bottom line profit and increase your cash flow. Have you completed present value calculations? Have you considered discounted cash flows?

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Beware the Cash Flow Manager!

PSMJ Resources

PSMJ Founder Frank Stasiowski often reminds us that firms do not die from lack of profits, rather they die from lack of cash. Frank is suggesting that his A/E firm clients use a Sources and Uses of Cash statement instead of a P&L statement to help them through cash-strapped times.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Similarly, although basic construction project metrics concern costs and time, profit isn’t the only performance issue to measure. Key Takeaways. Check in on Your KPIs.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

Some contractors watch as their gross profit margins decrease when they take on larger jobs. It is also helpful to provide the surety with a cash flow projection for the project. Your available cash flow can also be affected by the payment terms and retention amount. Ability to absorb losses.

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