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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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5 Critical Construction Project Reports your System Should Pull Without Fuss

Viewpoint Construction Technology

Forecasting and Cash Flow Reports. revenue, risk and cash flow forecasting) and enable you to assess historical project performance. These basic reports are critical to business profit and loss, and if your system can’t seamlessly pull them all in a flash it’s time to take a look at what else is out there.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint.

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Championing Regulatory Compliance with the Right Construction Management Software

Viewpoint Construction Technology

With violations often resulting in enormous fines and serious punishments (a case in point is the current ramifications of using polyethylene core-filled panels currently affecting firms in Melbourne), companies are placed in a position where they walk on tiptoes or risk putting their operations in hot water.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

And true data analytics is more than just tracking traditional job costs and cash flow. Reducing Risk and Increasing Safety. But going a step further and analyzing data that can help you identify high-risk tasks and dangerous conditions can help prevent future incidents and reduce risk for your business.

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Business Intelligence for Construction is On the Rise & It’s Obvious Why Contractors are Loving It

Viewpoint Construction Technology

Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few. There has to be a better way!

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Viewpoint Technology Awards – Call for Submissions

Viewpoint Construction Technology

Every year, we give our customers the chance to showcase the new, innovative ways they have used software to transform their business through our Viewpoint Technology Awards. Internally, Southern Botanical was also looking for greater revenue cycle efficiency and more consistent cash flow. The company’s results were amazing.

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