Remove Management Remove Profitability Remove Project Management Remove Work in Progress
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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. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement , project management, and the C-suite should all monitor WIP closely. That’s accounting’s job, right?

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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. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement, project management, and the C-suite should all monitor WIP closely. That’s accounting’s job, right?

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5 Critical Construction Project Reports your System Should Pull Without Fuss

Viewpoint Construction Technology

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.

Cash Flow 130
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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. But when it comes to back-office technology, too many firms rely exclusively on elbow grease and hope—definitely not a strategy that works.

Software 200
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Unique Contractor Bookkeeper Ride Along To Increase Company Profits

Contractor Bookkeeping

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Supply Chain Management Costs. Change Order Management. Work-In-Progress (W.I.P.). Job Scheduling.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Or have you done extra work that wasn’t covered by a change order?

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Process Dependent Vs. People Dependent Increases Contractor's Profits

Contractor Bookkeeping

Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Management skills are learned in the school of hard knocks. Predominantly not financial managers and do not understand the value of outsourcing. Work primarily IN the business but not ON the business.