article thumbnail

Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control. This means that contractors have not billed for completed work. Slow Work in Progress Figures Just Don’t Work.

article thumbnail

Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control. This means that contractors have not billed for completed work. Slow Work in Progress Figures Just Don’t Work.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How The Cloud Is Enabling Smarter Project Management—Part 4 of 5

Viewpoint Construction Technology

While having the best people in place, working together well and using the latest tools is critical, the construction project can still suffer if the data being tracked and reviewed is days or even weeks old. That outdated project information can make it hard to accurately gauge current job costs or work in progress.

article thumbnail

Top 10 ERP Solutions for Construction Firms

Construction Marketing

Acumatica Construction Edition keeps your team on the same page, relying on a core system that has the latest project reports, contracts, budgets, plans, specifications, change orders, invoices, purchase orders and job costs.

Software 206
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

« The Year of Mobile Technology? In addition to workers not getting paid because the timecards weren’t submitted on time, his projects’ work-in-progress reports were inaccurate. By nature, web-based software has to be easy to use, and mobile devices make it simple to send and receive information anywhere.

Cash Flow 120
article thumbnail

Unique Contractor Bookkeeper Ride Along To Increase Company Profits

Contractor Bookkeeping

Change Order Management. Work-In-Progress (W.I.P.). Equipment Mobilization And Demobilization. Subcontractors / Specialty Contractors. Percentage Of Completion. Direct Construction Costs. Indirect Construction Costs. Construction Phases - Underground / Rough-In / Finish. Job Scheduling. Schedule of Values.

article thumbnail

New in Autodesk Construction Cloud: 40+ Product Releases You Should Know in May

Autodesk Construction Cloud

This reordered view applies to all users in the project on both web and mobile. No contract, actual cost, or cost change will be able to be associated with it; this is ideal for tracking items such as contingency and fees. Markups | Markups and Issues on PDF Files (Mobile) [Coming Soon] – Working on the jobsite just got easier!