Get Paid Faster With Cash-Flow Management
Even with a strong backlog, poorly managed cash flow can be problematic for a contractor. Slow invoicing, unexpected expenses and late payments from customers can cause serious cash-flow issues. Contractors that are disciplined in their management of contracts, billings, collections and report reviews are able to ensure that their business maintains a strong cash position.
Best Practices for Construction Business Expansion
Whether you are a contractor that is just starting out or you have been in the industry for years, successfully expanding your business requires strategic planning and strong leadership. Learn about best practices to expand your construction company—ultimately investing time and money into your business and your employees.
Finding the Revenue in Construction Change Orders
Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. However, when mismanaged, change orders can be time-consuming and disruptive to the relationship between the contractor and their customer. Contractors that have mastered the art of managing change orders are capable of increasing their revenue while minimizing […]
Deep Dive Into Construction Work in Progress
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.
Five Key Principles for Construction Business Success
As contractors continue to navigate uncertainty, establishing a comprehensive long-term business success plan has never been more important. Through decades of supporting the construction industry, we’ve identified best practices for leveraging key principles to realize steady, predictable business growth. In this webinar, we will cover how contractors can focus on what will have the greatest […]
A Complete Guide to Construction Accounting Transformation
Construction accounting is different from standard accounting and typically requires a unique approach. Many contractors quickly outgrow the standard accounting practices and pivot to focus on the construction-specific requirements and procedures (e.g., WIP, job costing, AIA, certified payroll) necessary to stay compliant and run a profitable business at-scale. In this webinar, John Meibers, vice president […]
Make Work-in-Progress Work for You
Are you interested in optimizing cash flow? Learn how an accurate and timely Work-in-Progress (WIP) report allows you to stay on top of every project and maximize profitability.
How to Improve Your Job Costing With Field-to-Office Communication
As a contractor, you constantly have numerous moving parts, jobs to manage and administrative work to tend to. With job costing at the center of your business, field-to-office communication is key to increasing efficiency.
Deep Dive Into Construction Work in Progress
Work in progress (WIP) is key to construction job costing—allowing contractors to proactively manage their jobs and businesses. Learn how you can analyze and leverage WIP reports to effectively run your business.