ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. Let me tell you about Construction’s Secret Weapon. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. How Does WIP arm Construction’s Secret Weapon in Business?

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Viewpoint Construction Technology

FEBRUARY 12, 2019

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. Ad-hoc reports.

Cash Flow 130

Cash Flow Software Software Accounting 130

Contractor Bookkeeping

SEPTEMBER 29, 2012

Is Your Construction Company - At the mercy of your bookkeeper? Does your bookkeeper even understand construction bookkeeping? Did You Know - That your Construction Company can have all of the benefits of a professional construction accounting staff in most cases for less than it costs to hire someone to be in your office?

Construction 48

Construction Accounting Contractors Profitability 48

Contractor Bookkeeping

JUNE 18, 2013

We offer the following list of root causes for the extremely high rate of construction company failure which has accelerated beginning in 2009 and continuing as of June, 2013 when this article was written. The list below comes from working with hundreds of construction companies for over thirty years. The Contractor Paradigm.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Best Practices Construction Law

NOVEMBER 26, 2012

No matter the season, however, construction companies rely heavily on cash flow to fund their operations. A recent article by friend Tracy Thomas at Kraft CPAs correctly suggests that the best place to start for creating a healthy cash flow is the construction contract. Who couldn't use more cash during the holiday season?

Cash Flow 48

Cash Flow Project Management Change Orders Agreement 48

Contractor Bookkeeping

OCTOBER 4, 2013

Starting Or Re-Starting A Construction Company Is Easy. Secret #01 Decide What You Want From Your Construction Company. Do you want to work in a more structured enviornment? Are you sick and tired of working for the boss''s son or daughter? If You Know Exactly What To Do. Do you want to get rid of the boss?

Profitability 48

Profitability Construction Accounting Cash Flow 48