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How Labor Shortages & Virtual Work Are Changing Purchase-to-Pay Processes

Construction Business Owner

Among other new advances in purchase-to-pay technology, we’ll walk through the ability to retrieve invoices by email, optical character recognition (OCR), paperless invoice routing, lien waiver management, payment automation and more.

Software 290
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3 Things to Consider Before Purchasing and Developing Raw Land

Construction Marketing

Whether you’re thinking about investing in a large plot of land or you’ve already purchased one, clearing the land may become a necessity in order to carry out your plans. The post 3 Things to Consider Before Purchasing and Developing Raw Land appeared first on Construction Marketing Association Blog. Land clearing concerns.

Zoning 249
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How to Use Purchase Orders to Combat the Rising Cost of Construction Materials

Viewpoint Construction Technology

With rising material costs in construction, purchase orders are a great way to control costs… IF you can track your budget!

Materials 232
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Purchasing Staffing Ratio: What Should It Be?

Pro Builder

Purchasing Staffing Ratio: What Should It Be? How to figure out proper staffing in your purchasing department to balance costs and value with profitability. As a home builder, it’s important to maintain proper staffing levels within your purchasing department. Tue, 11/29/2022 - 15:31. Tony Callahan. How about change orders?

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A Recipe for Retaining Your Purchasing Talent

Pro Builder

A Recipe for Retaining Your Purchasing Talent. Here’s how home builders can reverse the tide and keep their best purchasing pros. As an industry, we are not doing a great job of retaining purchasing talent. Like IT experts, purchasing professionals can work in any industry. What's It Take to Keep Your Purchasing Team?

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How To Weigh ROI Vs. Cost When Making a Business Purchase

Contractor Bookkeeping

Deciding to purchase something to help your construction business is a big decision. To understand the right time to invest by purchasing something for your business, you must calculate whether the Return on Investment (ROI) would be profitable. If the purchase yields a positive return, it can be considered profitable.

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5 Trends Influencing Luxury Home Purchases in 2023

Pro Builder

The mid-pandemic trend of upsizing appears to be reversing in 2023, and instead, affluent buyers are purchasing smaller properties for their second homes, the National Association of Realtors reports. based respondents say they’re considering purchasing a property abroad. housing—and Americans target destinations overseas.

Housing 89